warranty

Buying a new construction home? 4 key steps before you buy

(NC) Buying a home is the start of a new chapter, and for many homebuyers the idea of living in a brand-new home that reflects their personal style is very appealing. But buying a pre-construction home is different than buying on the resale market, and it takes some upfront research. Here are four steps to help you go from window-shopper to serious homebuyer. 1. Decide what suits your lifestyle Pre-construction homes have two main categories: condos, which include shared amenities, and freehold homes, which are detached or semi-detached.

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How to avoid becoming a victim of illegal building

(NC) If you’re shopping for a new home, you owe it to yourself to understand what illegal building is and how you can avoid its potentially devastating consequences. With very few exceptions, anyone who wants to build and sell a new home in Ontario needs to be registered with Tarion and enroll the property in the province’s new home warranty program. Builders who are not registered are usually operating illegally, and they can harm buyers in different ways:

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