That's too bad about the C&C, but good that you found problem with the Morgan before you bought it. Don't worry- good used boats are anything but scarce. Also, you were able to eliminate the Morgan before spending money on a survey. Once you've decided a boat passes your inspection, then find a surveyor to look it over. If the survey indicates a passable boat, it will often find enough problems (problems that you may be willing to accept) to negotiate the purchase price down enough to cover the cost of the survey.
1977 C&C 30 Mk 1 hailing from Port Clinton, Ohio