If you are developing your track record, hard money may be your best bet until you have a really solid record.

They also probably offset the cost of the warranty by charging a significant premium for the work they did to get this note re-performing.Their warranty also states that they can replace your note with an equivalent note so if one fails and they don't want or have the money to give you your principal back they can just give you another note and buy themselves more time.Their business is also growing at a fast pace and they are betting the growth will offset any losses(low chance of them losing though after the premium, low volume of performing notes, and ability to replace notes) and the warranty helps grow it faster.This is how their warranty makes sense to me.

@William Hochstedler I am not a Utah broker but I would bet that Utah law addresses the situation.

I'd have to bet that small note investors, portfolios of less than 5 million, simply make assumptions.

SmartMove etc are good for what they are, but not everyone has internet.

here is the article in the RJ Click hereWanna bet the banks start paying the HOA fees current now....Those that went all in and purchased at the HOA foreclosure sales just hit their number on the roulette wheel.

internet, planter boxes, etc to get the return by providing "lifestyle" amenities. 

You can bet when the banks sell their REOs they will go for FMV or above and also you have the Chinese people to deal with, and they will pay more.Joe Gore

If you could put in $X and boost rents by enough to provide a solid return, you bet I would do it!

Your best bet is a good insurance policy."