As a landlord, you cannot go on hearsay, you need verification that he is as moral as yourself.Bottom line is that yes, you are legally bound to your contract.

Cant they loose there licence over stuff like this?

This contract had the earliest time the property could be purchased at 10 months after signing with the down payment and first installment to be paid after signing to validate the purchase agreement.The main difference from the lease with option is being that $3,500 payment would of been for the option to purchase the house, and none refundable and with the option would have been anytime after payment I could start to close and own the house as opposed to having to wait 10 months making those installment payments which $200 monthly is to be credited towards the purchase down payment with the $3,500.Time has come, 10 months has passed and I'm in full nonperformance and as I had a title company prepare this close it was discovered the home is already under a deed of trust and the owner is not the title holder and has given his ownership interest to merc for a $85,000 promise to pay note.This deed has a due on sales clause in place and when they discover this sale, they will speed it up to be due in 30 days or foreclose and I loose all equity?

Can you share your thoughts on going with your own agent, and possibly loosing a good deal?

Many like to play this game Fast and Loose ( always taking all the cash out to spend personally) but they are the first ones to B!

If they are simply assigning you their contract with the original seller for a fee, you become bound by the terms of the wholesaler's original contract with their seller, along with any addendum you may have signed with the wholesaler. 

If I ask for it and they say no and I decide to walk away will I loose my earnest money?

@Sean Haardt If you buy the property from her and rent it back to her below market, then it might fix her issue, but you will be loosing money every month.Why do you think reverse mortgage is a bad idea?

My real estate holding's like Steve's have increased by leaps and bounds and some I have refinanced and withdrawn my original investment back out of, resulting in "Free properties"  This cash has then been used to purchase new properties, effectively doubling my net worth and income stream. 

I love the fact that I have so much excess cash and I'm afraid if I buy a house I will loose that, unless I save up enough to put down on a home that it matches my current expenses.