Statistically, out-of-area investors have fared poorly, due to not being able to monitor this property (as well as often overpaying), thus this policy by local banks these days (major change from the heady 2004-2006 period).Oddly enough, you'll do better here with a conventional (Fannie/Freddie) loan.

Dollar for dollar it's not a comparison but the statistics and demographic data should be similar.

We have saved more then enough to rebuild a house completely destroyed by fire, which statistically almost never happens.In addtion, we moved all the properties under a corporate umbrella and bought a liability only policy which covers all the properties for up to 3 million.

Here is some food for thought on your MSA regarding HPI analysis from Forecast-Chart.com:3rd Quarter, 2011 Housing Statistics: Boise City, IdahoPart 1: HOUSING MARKET FORECAST12 Month Forecast: DOWNForecast Accuracy: 78%Forecast-Chart.com publishes forecasts for the trend in home prices in 380 Metropolitan Statistical Areas.

Guess what - any phone call not returned within 24 hours results in a lost customer/client according to NAR statistics.

The lender could make money on an OO loan at a particular rate but lose money on the same loan (statistically) if it were to a NOO, as the NOO is more likely to default.It's now been three times and you haven't answered what type of loan it was.

Not sure of the reason but statistically the state of Utah holds a higher percentage of these types of companies and gurus then any other state.

Geof, While there has been an uptick in sales statistics, I think dramatic increase is over stating it for this area.Sophie, unfortunately you are in a situation where the people who feel badly for you or want to take some of your money don't want to give it to you straight.I have just seen this scam so much.

Just some local statistics for ya'll.

They'll sell just because I have the market statistics sitting in front of me every day (I'm a real estate agent).Knowing a market well is 100 times more important than just picking a area that's "Good"