Sorry I don't have any comments on the trans, I can be blasted for a useless post that has nothing to do with your problem.
""Check Engine" light, (I despise using "secret code" abbreviations!)"
Nothing secret about that one, CEL/MIL is as well known on automotive forums as LOL or TTYL is to people who text a lot. I have no complaints about spelling it out or about good grammar. As for me, I will NOT be spelling out whatever PVC stands for anytime soon.
I hope you get the trans fixed and have a profitable flip without having to sell a dud to some poor soul who will then hate Volvos. Please report back with how it turns out. Good luck!
1999 V70XC / Nautic Blue Pearl / 16" Titanium Perfo wheels
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