🏡 **Basements, Buyer Paperwork & PEI Real Estate Myths!** 📊💰


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Mar 01 2025 36 mins  

Welcome to The Michael and Patty Show (MAPS) Podcast🎙️, your premier audio destination for all things Prince Edward Island Real Estate! Join seasoned pros Michael and Patty as they unpack over four decades of full-time experience in PEI Real Estate, offering you unscripted, expert insights with each episode. 🏡✨

In this packed episode of The Michael and Patty Show, we cover everything you need to know to navigate the ever-changing world of PEI real estate.

🏡 January Market Stats Are In! 📊 What’s happening in PEI real estate this year? We break down the latest numbers!

📩 Listener Question: Why Don’t New Builds Have Basements? Cody emailed us asking if builders are cutting corners or if basements just don’t work well on the Island. We dig into the practical reasons behind this trend!

💰 Moving Money from India to Canada 🇮🇳➡️🇨🇦 Is it difficult? What are the challenges? We discuss what buyers need to know.

🏠 Your Home Is Under Contract – Now What? Do we still show it? Do we keep advertising? Find out what happens behind the scenes.

🔑 How Do Showings Work? Who arranges them, and what should you expect from the showing agent? We clear up the process.

🤯 The Biggest Challenge in My Real Estate Career When I started, misinformation about property values in PEI was everywhere—just like YouTube and sales stats. We talk about seeing through the hype and what this applies to.

📜 Co-habitation Agreements Explained If you’re buying property with a partner (without marriage), here’s why you need one: ✅ Protects individual assets ✅ Clarifies financial responsibilities ✅ Defines ownership & equity rights ✅ Prevents legal disputes & simplifies separation

📝 Get Your Paperwork Right! If a buyer wants to buy and a seller wants to sell, great! If not, the paperwork is what protects you. Don’t wing it!

📑 Appealing Your Property Tax Think your tax bill is too high? We discuss how to challenge it.

PEI Real Estate real-time search/videos/government links: https://michaelshomes.com/links.html

Ready to unlock the door to your dream property?

🎧🏡 #PEIRealEstate #DreamPropertyOffer #LivingInPEI #ExplorePEI #PEI

Connect with Michael: 🔗 YouTube: Michael Poczynek 🔗 Website: Michael's Homes 🔗 Twitter (X): Michael's Twitter

My mailing list and weekly newsletter. This will deliver to your inbox New listings before they are on MLS®, PEI Real Estate Tips, Tricks and Traps and general information about PEI.

Subscribe here: http://eepurl.com/b8yULf

Connect with Patty: 🔗 YouTube: Powerhouse Realty PEI 🔗 Website: Powerhouse Real Estate PEI

Prefer a more personal touch? Call or text us at:

📞 Michael: 902-626-6912 (Century 21 Northumberland Realty (1987) Limited)

📞 Patty: 902-626-6622 (Powerhouse Realty PEI Inc.)

Thank you for tuning in, and may your day be filled with great opportunities in the world of Real Estate! 🏡🌟