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PostPosted: Mon May 29, 2006 12:23 pm 
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Joined: Fri Jul 02, 2004 8:00 am
Posts: 220
do you mean once the roads and everything are done (i.e. the letters of credit that the builder posts to the municipality have expired?) If so, i doubt it....

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PostPosted: Fri Jun 02, 2006 11:07 pm 
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Joined: Thu Jan 06, 2005 1:08 pm
Posts: 375
Location: Milton
I dont think that Mattamy puts a grading deposit on the Statement of Adjustments anymore. Some builders still do this so to encourage owners not to change the grading or else tey dont receive that money back, but many are getting away from holding any funds for this purpose as it creates a lot of follow up work after closing.


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