According to seller's disclosure statement no awareness of any of the two.

My problem is that two weeks before my contract is up i cant get ahold of the seller and the key that was left for me magically disappeared.

Depends what kind of product you're looking for.This is pretty normal in commercial real estate where new agents are on the phone all day calling sellers back to back to see if they'd like to sell. 

Finally heard back from my realtor last night that the sellers received a competing offer over the weekend.

Hi Biggerpocket Communities ,I have been wanting jumping into this deal, but before I do i would like to ask advise on local or Arlington experts.2314 bamboo DR Arlington texas 760061 bedroom condo for 78k, and with taxes and HOA about $200 per month, seller say I can get rent about 850 a month.sounds like good deal to me. any local people can advise to me regarding location and if is true I can get that much rent for a one bedrom about 500 square feet?

If so, what are some tactics I can use to convince the seller to lower his asking price and win him over?

If I were buying a property that was not permitted, I would ask the seller to come off the price by half for all the possible repairs needed to bring the property compliant. 

The buyer in the deal negotiated a sale price with a 3% seller assist and had lending for a first mortgage of 97% which was a conventional 30 year mortgage with standard interest rate at that time and the 2nd mortgage was a bit less than 3% at a 0% interest rate amortized over 10 years. 

Hi all, I have my first few leads lined up and when I call sellers to negotiate I need an idea of what my bare minimum wholesale fee should be.

@Charles Parrish Thank you for your responses.I am in the process of acquiring this SFH through owner financing.The seller still has mortgage on the property do it's going to be a wrap mortgage arrangement.The deed will be transferred on closing to me.I was just concerned about the loan being recalled.I have heard people say this is possible.