boxterdrvd
New Member
I am about to sign an option to purchase commercial real estate. We have the agreement drawn up (by an attorney) and everything is in place including my commitment of $6500 in earnest money. There will be a delay of a few days until signing the option to purchase agreement and the escrow agreement (for the earnest money) due to a brief delay in getting cash for the escrow. Can the seller accept other offers between now and the signing day or do we have a verbal agreement??