Condo Docs, Counteroffers, RV Permits, and Open House Truths 🏢📜🚐🏡

In this episode, we explore the ins and outs of condominium ownership, from understanding documentation to managing finances and reserve funds. We tackle the question of whether you should always counteroffer on real estate offers and the potential impact of each decision. We'll also discuss the latest requirements for RVs on vacant lots in Prince Edward Island and the need for building permits. For those considering a commercial business venture from home, we break down the importance of restrictive and protective covenants. We emphasize the critical step of securing financing before house hunting to ensure you're a pre-approved buyer. Additionally, we shed light on the process and timing of real estate legal paperwork, from the purchase and sale agreement to its delivery to lawyers. We’ll also explore whether open houses truly sell properties or if there’s another purpose behind them. Finally, we weigh the pros and cons of having tenants in a rental property when it’s up for sale. This episode is packed with expert advice for buyers, sellers, and investors, giving you the knowledge you need to make informed decisions in the real estate market.

Whether you're a seasoned investor or just curious about the PEI market, this episode is packed with insights and stories that will keep you informed and entertained!

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