That deferred maintenance/depreciation will be reflected in your equity when you go to sell -- the buyer's offer will reflect the capex and deferred maintenance costs and you'll lose money just the same.There are lots of ways to "seemingly" cheat the 50% rule, but more times than not, it will catch up with you...

http://www.assetlawyer.com/estate_tax_planning_flp_discounting.htm *The numbers in those scenarios have not been updated to reflect current exemption amounts.http://www.smartmoney.com/retirement/estate-planning/start-giving-it-away-early-8005/http://wealthmanagement.com/taxes/permanent-estate-gift-tax-relief

I’m not sure how you determine value since ROD list mortgages assigned and do not reflect what’s owed?

The way you run your business is a direct reflection of who you are. 

(adjust dollar amount to reflect your evection costs) 

Reflect on how your presence and good will can make a difference.

Then stop and reflect on how you overcame this time. 

My post was meant to say "many" or "most", not "all" (which I would agree would be arrogant or presumptuous) and I have since edited my post to reflect that.

The bank also said they know it's there and will not address it. my offer would reflect the cost of having to rip up the driveway and have the tank removed and possibly the cost of having contaminated soil removed.

@Justin Hammond Wow $50k in American Fork is a great price, I'm sure the condition of the property reflects the reason for such a low contract price.I've sold multiple homes after they have been through probate being sold by the executor.