When we inspected that building, there was evidence of squirrels in the attic and we found their entrance.  

The appraisal states that fair market value is only $1150, which is actually less then they rent for now.My real estate agent has already provided the bank with several pieces of evidence illustrating that this appraisal is wrong.

"A" neighborhood homes may never reach visible levels of neglect before action is taken, or those areas may not evidence enough leads to warrant your driving time.  

I've never heard solid evidence that this was true so I was curious if anyone had experienced anything in particular.

I don't mess with a property if their is evidence of a foundation issue or mold.

Fumes after lacquering something are around for a good time so a simple spark could help set a blaze.It would be pretty hard to prove negligence unless there is direct evidence.

Indeed the quit claims cloud title and could be admitted as evidence in a judicial foreclosure.

For example, even if I don't see any evidence of termites on the initial walk-through, I assume we'll find termites and will need to treat for them and fix some damage (add $1000 to my worst-case budget).

Anyone have some direct evidence this is the case?

Look no further than wall street for evidence to this fact.