If a property has been marketed to the public for a sufficient period of time, meets market conditions, what you paid IS the market value. 

Call them if it's not sufficient and have them come back or do more sanding but in generally they should know.

Right outside this will be a good sized game room with a fireplace, sitting area and sufficient space for pool table or other games.  

This helps you because; when you go to your next agent, he/she can provide sufficient evidence to different carriers, on what the loss ratios, etc, actually are.

If the property is held in the name of decedent, you'd need a RM balance leaving sufficient equity to cover the costs of the title fix.....which assumes there are known heirs whom can act as admin/exec in a probate action.  

A dollar amount and the phrase "for good and valuable consideration" may or may sufficient in a transfer of title and may not be the same as described or required in a purchase contract that conveys an equitable interest.Mixing these two concepts is incorrect.When a purchase contract is made, legal title remains with the seller, but equitable title is given to a buyer, full title is in  state of limbo until settlement.Equitable title must be financially measurable, if it is not measurable or cannot be established and is an amount customarily accepted, equitable title may be limited or may not exist.

It's called the self-sufficiency test.

That being said you're going to have a large quantity of people that really aren't there for the right reasons (i.e.

In 2014 I took $ 50K out on new appraisal of $ 175K and now the property is self-sufficient now means rent cover all the expenses.

I feel badly for this man, his family and the trauma the agent was put through but I don't think it's enough to warrant taking absurd measures when you're being sufficiently cautious already.