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Expired Deadlines, Hidden Defects & Real Estate Truths Nobody Talks About ๐กโ๏ธโ๏ธ
Description
Can a buyer demand that a listing agent show them a property? What really happens when deposits miss deadlines? And are some sellers quietly hiding problems in plain sight? ๐กโ๏ธ
This episode dives straight into the real-world situations buyers and sellers across Prince Edward Island โ and beyond โ donโt hear about until a deal starts falling apart. Learn why nothing in the REALTORยฎ Code or PEI legislation forces a listing agent to show a property simply because someone insists, and how expired timelines, missed deposits, and rewritten contracts can completely change negotiating power overnight. โฑ๏ธ๐
We also unpack the strategy behind expiring conditions, why some agents welcome deadline chaos because it opens the door to competing offers, and a shocking example of a snow-covered driveway allegedly hiding property defects. Plus, if youโre planning to build a cottage, discover why designing for true year-round use can dramatically increase long-term value without dramatically increasing cost. ๐ โ๏ธ
The conversation also tackles real-life legal and financial risks โ including co-habitation agreements, putting partners on title, and the expensive consequences people never consider until relationships change. Thereโs practical insight into IRAC due diligence costs for buyers relocating to PEI, especially those considering larger properties or hobby farms, and how to reduce financial exposure if approvals donโt go as planned. ๐พ๐
Along the way, expect unforgettable stories from inside homes (yesโฆ some very unusual features), lessons about property management reality versus expectation, and even a surprisingly smart dog stealing the spotlight. ๐๐
If you want honest, experience-driven real estate advice โ the kind that protects your money before problems start โ this episode delivers straight talk without the fluff.
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๐ Michael: 902-626-6912 (Century 21 Northumberland Realty (1987) Limited)
๐ Patty: 902-626-6622 (Powerhouse Realty PEI Inc.)
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