This transfers the asset to them.  

2) What are my options in terms of transferring the title / ownership of the property?

Would it be best to request an oral hearing and if so what data should I bring to debate in why my assessed value should be lowered?

I know I can get the information through the county recorders offices... follow chain of title through deed transfers, easements/ccrs/special rights would all be on the deed, right?

If you don't have enough data to come up with a good avg.

There are hurdles such as seasoning and regulations about how title is transferred.  

@Chad BaileyThe following IRS document sheds more information on the ROBS 401k program. https://www.irs.gov/pub/irs-tege/robs_guidelines.pdfAlso, here is how the ROBS 401k program works in a nutshell.A new C-corporation is established.Corporation sponsors a new 401k/PSP.The IRA funds are transferred to a new brokerage account opened for the 401k/PSP.The new real-estate corporation issues stock shares to the 401k/PSP for the benefit of the participant.The 401k participant must be an employee of the corporation and he or she may take a reasonable salary.The corporation owner's family members may be employees of the franchise business and receive reasonable compensation for their services.To the extent that the corporation generates profits and elects to distribute those profits to the owners of the business, the percentage of the profits associated with the shares held in the 401k/PSP will flow back to the 401k/PSP brokerage account.

All properties need to be in trust to provide anonymity and transfer ability without re titleing asset.

That's a nice "feature", and transfers more risk to the lender.

Lawyer, title search, transfer, etc??