If the Trustee shall pay or incur any liability to pay any money on account of this Trust, or incur any liability to pay any money on account of being made a party to any litigation as a result of holding title to Trust Property or otherwise in connection with this Trust, whether because of breach of contract, injury to person or property, fines or penalties under any law, or otherwise, the Beneficiaries, jointly and severally agree that on demand they will pay to the Trustee, with interest at the rate of __7.0__% per annum, all such payments made or liabilities incurred by the Trustee, together with his expenses, including reasonable attorney's fees, and that they will indemnify and hold the Trustee harmless of and from any and all payments made or liabilities incurred by him for any reason whatsoever as a result of this Agreement; and all amounts so paid by the Trustee, as well as his compensation under this Agreement, shall constitute a lien on the Trust Property.

Of course I am just in the beginning stages of wholesaling so what do I know.I have however dealt with people that were facing foreclosures, possibly bankruptcy, civil actions, debt collection, etc.  

Certainly you can force a seller to sell via litigation however the amount you will spend will defeat the purpose in most cases.

The problem is placing profit over being civilized.

I want to remain civil and professional, but some of the problems I have been having were avoidable had the property manager been keeping better track of the house.

Because it's not a civil action it's a non-judicial issue through foreclosure unless the buyer takes the issue to court.However, those that did make it to court in my case were all issues arising out of bankruptcy, probably less than 20 as I recall.

In an overregulated environment where we're not technically allowed to chew gum and walk at the same time, I don't mind taking a little liberty in the way of common sense, in the face of overreaching, onerous litigation.

Andrew Massaro - No worries here, we can have a civil discussion on our difference of opinions.Let me be clear on one point: The OG poster asked how to build a "buyers list" and my responses were stemmed from that perspective.

@Don Konipol  i myself am not anti paid coaching or educationI think from what we see with some high profile litigation going on now  (Montelongo and Tarik in LA)you may see AG's step into this market and try to regulate it somewhat.I had some conversations with the owners of the back end of a few of these outfits and they are already working with these folks to limit the wild claims of success that tend to suck folks who desperately want to change their life's station for the better.I think you may see extended cooling off periodslimit claims of successthe main issue I have with these folks is how they wip them up and then get them to raise their credit card limits and use said credit card to buy their program only to simply end up in a ton of credit card debt.These programs were all spawned out of MLM .. they are run the same way.. same trigger's at the events.. 

(iii) This note is subject to Section 2966 of Civil Code, which provides that the holder of this Note shall give written notice to the Trustor, or his successor in interest, of prescribed information at least ninety (90) and not more than one hundred fifty (150) days before any balloon payment is due.