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Thanks for the detailed post. The problem is I bought during later part of the phase releases and my lot is priced @ Mid 700s (with some upgrades). Add 10 K or more for landscaping and window furnishing. As you mentioned, I don't think the house prices will jump another 100K for attached condo...

I kinda compromised on this home when I signed the purchase agreement. Wife and family wanted a home in Irvine even though it is a attached condo. my preference was always detached condo/SFH. I thought I would start liking this house but as I get close the closing I get a feeling that I won't be...

I signed the purchase agreement more than couple of months ago and deep into sales process. My closing is within 90 days so I am not sure how sales office will penalize me. Also they have very few homes left for sale.

Little off topic - What if we finalize the upgrade options and try to back out from purchase agreement because we like another property. Do you just lose earnest money + upgrade deposit or do you face any legal actions which may cost more? Can you sign purchase agreement for another property...