Join Date: Aug 2011
Location: In a strange land
Thanked 10 Times in 10 Posts
Rep Power: 5
Re: Feeling Foolish and Discouraged!
No, there was no contract signed, but the draft was agreed to in principle
Welcome to the world of sales. The contract/draft was as good as the paper it was written and signed on. Until it is binding either party can change their mind. Unfortunately, a world where a person's word is their bond has largely disappeared.
Listen to those advocating the buyer market, you will find the right boat and the right deal.