Should I cancel my contract for a new townhome being constructed based on the present economy and house sales?

Question by MMD65: Should I cancel my contract for a new townhome being constructed based on the present economy and house sales?
LIVE IN L.A., CA I put a $ 15K deposit on a new townhome presently under construction! I went to see the home recently and it is NOTHING as I pictured it to be! The economy is seriously slowing down and house sales are slumping. Would like to know what to look for and/or what are the consequences if I decide to walk away. Rather put the rest of my money into a single family home. But, it was a rush to get in the project without really planning it.

Best answer:

Answer by R G
Yes !

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