While I am no expert, my understanding of the SSI program is that once you are approved, you receive payment back to the date of the original application.

Water is expensive.My lease says any money I receive is applied to what I'm owed other than rent first.

As a hard money lender we receive calls from wholesalers fairly often.

Apparently there is an affadavit that states seller or purchaser cannot receive any funds from the commission.

If the Premises fails to appraise for the purchase price in any appraisal required by the lender, Buyer has five (5) days after notice of the appraised value to cancel this Contract and receive a refund of the Earnest Money or the appraisal contingency shall be waived."

Antonio,You have received a lot of valid responses but what everyone is saying is that you need to know your market.

After a few days of the letter being sent out, my attorney received a letter back from the sellers attorney stating that I should back off and that the contract was not enforceable because supposedly the seller was not in "capacity" to enter into a contract at the time of signing.

There is no feedback that the PM received.

There are a few questions, so I will do my best to answer..I received my license from the state in March of this year.

I don't know for sure but you may have received this response since this may not fit their business model.