To answer the first question from the first post in this thread ...Some homeowners are just hoping for a miracle that will save them; some are like the proverbial ostrich with their head in the sand so they ignore what is about to happen around them; some are just stubborn and will stay to the end until they have to be dragged out of the property.

This is true in Cupertino as well.  

You will see the true numbers on a deal--you may be able to do some site visits while the project is under way.

This is not a true statement. 

I thought it was too good to be true but I had to check with the BP experts! 

It is true that you will pay more for a quality contractor but you will save money and aggravation in the end. 

This is not true.  

You also have to be sure to disclose what the true market value of the property is, based on comps, etc. and THEN if the seller is willing to sell for a lower price, you are on pretty good ground.

If a solid percentage of buyers end of buying their homes or if the monthly purchase price is less than what a reasonable rent would be or if that is the fair market value for the home, etc, etc.Market forces and a wealth of readily available resources (the internet) has made true predatory lending a small segment of the housing industry in recent year. 

To my surprise, what they told me at the 2 hour  seminar is not true.