Hey everyone...so I've been contemplating putting together an E-book that I can market and sell.

As a person of integrity in my trained profession of Social Work, I would never contemplate doing anything that wasn't legitimate.

RuudDude,You sound like a smart kid really contemplating big issues.

With the FDIC they could let another bank take over Indy Macs assets or they could have sold all the notes off in a bulk sale.You will have to dig at the FDIC site to see what happened.If the owner is contemplating filing BK the property can be tied up for a very long time.Once they file BK they breathe a sigh of relief.It's when the BK is about to get a relief from stay that they want to play ball again.Watch this property but don't get to invested in it.You can never control what happens to a property or what the seller will do so you have to line up many targets for acquisition.Some you will blow off right away,others you will follow and possibly put under contract but won't work out,and then others you will buy.

I was no meaing at all that such tactics were being contemplated by you, so sorry for giving that impression.

I've been seriously contemplating the use of Land Trusts myself recently but I'm not sure I can't get over the negative stigma that's associated with it.

If such future transfer is contemplated or such escrow is pending, then this short sale demand shall be null and void.

One of my favorite motivational sayings is this: The rich act in spite of fear while others allow fear to stop them.This holds true and I have seen consistently that those who allow fear to stop them, never really get ahead.If you are one of the many contemplating some type of real estate investing strategy and have been too scared to start or too fearful of taking action, then you need to realize what is stopping you.

I recently got one from Wachovia that said something like "No other escrow transactions are pending or contemplated"?

For those of you contemplating an entity such as an LLC or Corporation, I advise you to use the services of an attorney and form it properly from the get-go.