Flip This Wholesaler

I finally called the title company yesterday, and as it turns out, the seller is now MIA. The last they heard from him was last Thursday when they asked him to get his account information so they could order the payoff. He never got back to them with that info, and now his phone is disconnected. I just went digging through my paperwork, and somehow found his email address that I wrote down last month when he was going to email me some pictures of the house. So, I just sent him an email asking him what is going on, and also gave the address to the title company so they can try to contact him that way. I think this is all a result of the Discover card judgement that the title company found that he was not aware of. He thought he was going to walk away with 10k, and with that judgement, he will walk with next to nothing. I'm not sure what his other options are at this point if he doesn't sell to me- the place is now vacant, and I know he does not have the money to cover the next mortgage payment. The only thing I can think of is that he is trying to find a buyer for 10k more, although, I don't see that happening, since I marketed the hell out of that place and couldn't find a buyer at 95k.

So, now I get to sit here and wait, and pray that I get a response back from him. And, if not, well it looks like I am headed back to the bar. I am in a pretty big hole right now, as I'm sure I mentioned. This deal falling apart will be the final nail in my financial coffin.