If you’re a first-time buyer and your occupancy is quickly approaching, a whole series of things you’ve never had to deal with before are about to happen. There may be some stuff you don’t understand, and some of it can actually get confusing.
If you’ve purchased a new construction home before, then you’ve likely participated in a pre-delivery inspection. If you’re a first-time buyer about to schedule your PDI, then you need a quick rundown on what to do and what to look for.
Going through the homebuying process for the first time can be intimidating. There are many steps, a lot of paperwork, lawyers get involved, and you’re making deals with hundreds of thousands of dollars.
When you buy a new home, you sign an Agreement of Purchase and Sale. Among many other details and stipulations, there is usually a section regarding potential changes being made by the builder or developer without notice or permission from the purchaser.
When it comes to buying your first home, there are many hurdles to leap. The high prices in the Greater Toronto Area (GTA) add to the intimidation factor if you’ve never gone through the homebuying process before.