To answer the second part first, the price you pay for the home is between you and the seller. The bank may be owed more than market value or less, that would be one factor in what they're willing to accept. Ask your real estate agent to submit an offer to the owner's agent.
With respect to the first part of your question, transfer value is historic information about what was paid the last time the deed changed hands - it's hardly relevant to anyone as it lacks any further qualification, date nor does it bear any relationship to what the seller wishes to be paid for the property. The rest of the information seems a little straight forward. The estimated cost to restore is not the amount in default but rather a guess at some unstated level of repair costs. It is unclear as to what nature of repair(s) it refers to... if the home is not habitable then you may need a rehabilitation loan to make it livable should you be seeking financing for your purchase. If you're subscribing to a service that provides this information let them know of your questions - they should be able to assist you to make better use of whatever value they claim to be adding to your research.
Let me know if you have any financing questions!