This past weekend was rainy and very chilly, colder than it should be for this time of year. This is the kind of weekend that people will take advantage of the less then good weather, and spend the day shopping. Some people shop for clothing, some shop for garden items, and some shop for a new home.
There are many decisions that we need to make when we shop for a new home. First and foremost do we want a new home or do we want an older home hopefully with tons of character? Well an older home can really be beautiful with wonderful finishes unlike what we would get with a new home, but along with all of that character sometimes comes a lot of hidden problems. Leaky roofs, dated plumbing, old out dated furnaces, crumbling foundations, all things that could end up turning your unique find into a money pit. I am all for older homes, I do love the character, so to avoid any unforeseen problems, make a list of the things that are important to inspect, and if you do fall in love with an older home, get a home inspection before firming up the deal.
A new home from a builder, usually does not have the same problems as an older home, but they do come with another kind of issue that is important to know about. There are procedures that need to be followed in order to ensure that all defiencies are taken care of. All builders are registered with Tarion Warranty Corporation, and Tarion holds the warranty on your new home. It is so important to understand what is warranted, and what is not. Many people believe that everything is under warranty no matter what. This is not true, and this is what causes the most stress and anxiety with new homeowners. I sound like a broken record when I say that you must understand the policies and procedures so that you can enjoy your new home instead of turning it into a battle ground.
Learn about how to get along with your builder, they need to be your ally not your enemy. One major tip that I can give you is, when you get the keys to your new house or condo, BEFORE you move anything into your house, do an inspection of your own. Take a look at your floors, cabinets, counters, toilets, bathtubs, and make sure that you didn’t miss any deficiencies during your Pre Delivery Inspection. If you do happen to find something that was not noted on your PDI, call your builder immediately and follow up with an email or fax to let them know what you have found. Most builders will accept the new deficiencies and fix them for you. DO NOT waste time looking for tiny scratches or barely visible marks because as a rule of thumb if you can’t see an item from at least 5 feet away in normal light, it is not warranted. This means no crawling on floors or using a flashing light to find items. Knowing this also alleviates anger and stress.
So, happy house or condo hunting and no matter if you buy new or old, make sure you are a savvy purchaser.