A home inspection is key. It provides an opportunity for a buyer to identify any major issues with a home prior to closing. Your first clue that a home inspection is important is that it can be used as a contingency in your contract with the seller. This contingency provides that if significant defects are revealed by a home inspection, you can back out of your purchase offer, free of penalty, within a certain timeframe. The idea of getting a home inspection is to know exactly what you're buying. Every house comes with its issues, it is just about what you're willing to take on.
For new construction homes, homeowners will undergo a Pre-Delivery Inspection (PDI) which is your first opportunity to inspect your new home for any deficiencies prior to occupancy. This is a time to report cosmetic issues, defects, damages, etc. to the builder so that they can be fixed. Furthermore, your Tarion warranty occurs in stages: 1) PDI; 2) 30-day; 3) 1 year; 4) 2 years; 5) 5-year warranty service. The warranty enables you to report problems such as plumbing, electrical, and mechanical issues which you may only begin to notice after a period of use.
Click here to watch our video with more in-depth information about the inspection of new construction homes.