If it sounds too good to be true, it probably is – that’s the saying, and when it comes to buying a home, the majority of buyers know enough to get suspicious when the price is lower than market value and previous owners seem overly eager to close the deal. But a higher price and seemingly good condition don’t always guarantee a better deal.
While many of us know to be suspicious when renting or purchasing older homes, we sometimes let our guard down for new places. Former grow-ops and/or toxic mold are fairly common in older buildings and we often think to bring in mold inspection teams before making decisions. But too many Canadians assume that new buildings are immune to moisture, water damage and mold.