One issue is losing my 2.99APR if I go through a traditional refi.

No hassle, out of sight out of mind but I still get the checks, and I trust experts way more than I trust myself to deal with a property.

Nobody likes losing money.

Hi Devin,Of course there is a catch... no matter who says what, the system will cost money and so will the installation and someone has to pay of it... either up front, during a period of time or at the end.If you are not paying for it up front then when you turn around to sell the house the buyer will have to pay for it and this has caused a lot of buyers to lose interest.

I joined the sight and really didn’t use it for the last 4 years.

No way the bank can lose on this one.

So yes, if you were to fail to purchase the property, you would lose $100.Although, not really...

If they can justify the expense in a court, you might lose.

If you stay at losing $150/month you will have paid almost 40K by the time the loan has been paid off. 

Honestly, there is so much information on this sight you couldn't began to put a price on the value.Look around, talk to people and ask questions.