I used there platform/CRM to get the place under contract but went about it my own way to find the buyer, therefore the speed of the closing was not representative of the companies ability. 

Contact your representatives and urge them to do something about the insurance industry.

By way of background, I have been working as a Medical Device Sales Representative specializing in orthopedics and total joints with Johnson & Johnson | DePuy Synthes.

In my 20+ years of buying and selling Real Estate, I have represented many International Buyers on investment properties in California. 

I can't address the accounting question, but from the listing perspective you always want to represent the property accurately, and make it as attractive and enticing as possible.

A much easier way would be talking with a builder/developer, or realtor that represents them like myself, who could just tell you what this value is.

If your heirs sell the house they will have to pay off the loan you took against it...just like a permanent life policy.And real estate in general must be a scam since agents/brokers make a commission when they represent buyers/sellers and that apparently is one of the clear signs of a scam.Look, this strategy isn't for everyone.

So no, I don't own property there.Of course, this isn't necessarily a representative sample statistically speaking and my friends and acquaintances could be a bunch of weirdos so I could be wrong.

Not so much the people who are representing the program, but more so they charge that upfront because they are assuming most won’t do anything with the info given.  

Additionally in the event of a default or bankruptcy, how comfortable are you hiring an attorney to represent you and the other stockholders in the bankruptcy process that can take years?