. :(  but no matter I moved on.I think the real issue here is were most wholesalers are DEAD wrong and its in the subtrifuge and fraud in the inducement into the contract in the first place when they give sellers the impression they are going to buy the property..

I am sure the seller had NO idea what this FRAUD is doing, as do most sellers that sign contracts with other FRAUDS making false representations to get a contract--in legal terms this is called FRAUD BY INDUCEMENT.

I close tons of them a year with wholesalers but when something is grossly unfair to the seller I wont participate.. there is usually some sort of fraud going on>  IE wholesaler  wise.. 

Never disclosing your not acutally the buyer ( biggest fraud on the planet in my mind)3.

, and June came in $7k lower than the identical house across the street that had just sold.

Seeking a conventional loan under the pretext of purchasing the property in your own name when you intend to transfer it to an LLC is arguably bank fraud. 

The purchase price is $176,000 and the ARV is $250,000 with several recent identical comps in the same complex.

However, a unit on the second floor overlooking the parking lot is not worth the same price as an identical unit on the 12th floor with a view of downtown Phoenix and the mountains.

The home at question is very similar if not identical to the following FSBO that was recently sold.

They're basically telling their bank that their account was compromised or there was fraud.