Re: Purchasing Home From My Mother's estate, need advice.
I would suspect that what you were told is correct, assessed value and market value are two totally different things. I would recommend discussing this with a local appraiser.
Can you negotiate the price of the house, not likely with probate, the place to do this would be with the appraiser when they are assessing it's value for probate. You might want to consult with a real estate attorney as well, just to see what kinds of things you can/can't do in negotiations on a probate house.
A home inspector is NOT who you want to look at the house if you want estimates for repair, you will only get this from a general contractor, who will likely charge you time and materials to do an assessment and written estimate of repairs.
I suffer from CDO ... Its like OCD, but in alphabetical order, LIKE IT SHOULD BE!!!