๐ก July Stats, Rent to Own & Vendor Takebacks: You're Probably Paying Too Much, Rented Cottage & Condo Lots Listed as Owned ๐๏ธ Multiple Tax Numbers on One Property, Stairs Off a 35-Foot Bank Every Winter, the Fake Rental Story & TSP Explained ๐งผ
The Michael and Patty Real Estate Show by Michael Poczynek & Powerhouse Patty Castle
Episode notes
๐กโจ Thinking about rent to own, lease to own or a vendor takeback mortgage (VTB) on Prince Edward Island? Before you sign a single page, listen to this โ because in most of these deals, you're probably paying too much. ๐๏ธ We open with July's PEI market stats, then dig into rented cottage and condo lots advertised as owned land, multiple tax numbers on one property, stairs that must come off a 35-foot bank every winter, and the seller "renting it out" after quietly selling privately to dodge commission โ hit play for honest Maritime real estate advice. ๐ฒ
๐ First up, July stats. We walk through what actually happened last month โ what sold, what sat, and where prices landed if you're buying or selling before the autumn slowdown. Data beats gut feeling every time. ๐
๐ Then the big one: lease to own, rent to own, vendor takebacks andย ...ย