Real estate isn’t just about houses—it’s about timing, strategy, law, weather, power outages, and occasionally the entire province shutting down because someone mentioned a storm. 🌬️❄️

In this episode, we dive deep into November 2025 Canadian real estate stats, hard-earned closing day lessons, and the kind of mistakes buyers and sellers make when they assume everything will “just work out.” (Spoiler: it won’t.)

You’ll hear why closing on time is overrated, why end-of-month and Friday closings are a rookie mistake, and how a super-detailed pre-close inspection can save you tens of thousands of dollars. ⚡🔍 From checking electrical systems and fuel levels to testing appliances and making sure the contract terms are actually followed, this is real-world advice you won’t hear from a brochure.

We also clear up major confusion around the federal foreign buyer ban—specifically whether it applies to vacant building lots (hint: Ottawa went after houses, not dirt 🏗️). If you’re buying land, this matters.

Plus: • The fastest real estate closing ever recorded (17 hours ⏱️) • Why salt water freezes below zero and why Islanders somehow still panic every winter 🌊🧊 • How to prepare for a power outage like a seasoned Islander 🔦 • Why deleting the UFFI/asbestos warranty clause could save you legal grief • The shocking cost of upgrading a 60- or 70-amp panel on a mini home 💸 • Why buyer pre-qualification should happen before showings—not after • And what to do when you’re pressured to make an offer with no home inspection clause 🏠

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

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

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

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

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