Buying a nearly new home in Pickering
A resale of a two or three-year-old Seaton house comes with whatever remains of its Tarion warranty, which transfers to you, so ask for the enrolment number, confirm the original possession date and work out what is left of the first, second and seventh-year protections. Look at what the first owner did and did not finish: many were sold with a bare basement, a gravel driveway waiting for the builder's paving and no fence, and the listing may show a house still in that state. Ask whether the driveway, sod and grading have been signed off by the builder and the city, whether any deposits with the builder are outstanding and whether a POTL fee applies to the lane or the parkette. For builder inventory on the MLS®, the deal is usually the builder's own agreement rather than the standard form, with closing adjustments for levies and meters; have a lawyer read it. New condominiums near the GO add interim occupancy and a first-year budget that can rise.