I was honoured lately to receive a gift from a client of mine who was looking to buy a PEI Real Estate property in Prince Edward Island, Canada. During email communications, I had mentioned to my client that Jack Nicklaus, and Tom Watson were coming to the Brudenell Golf Course in Brudenell, PEI near the scenic town of Montague. To my great surprise, this very considerate client said that she would courier two VIP tickets to attent the great golf tournament. The tickets arrived and my son and I attended the great event. The VIP tickets meant that we were treated like royalty - access to the golf club for free food and beveridges, and free parking right at the Brudenell Golf Course. My son and I had two days that we will never forget as long as we live. Thank you very much to my special real estate client.
A very well known Saw Mill in Murray River, Prince Edward Island, Canada, burned to the ground recently. The Saw Mill run by well liked PEI resident Gerry Moore was a valuable business to the many local residents. Mr Moore cut up the raw trees brought into his yard into all kinds of sized hardwood and softwood. He even sold the slabs or bark of the trees that many residents bought for firewood.
But the story is not totally negative. A benefit concert is being held for Mr Moore and contributions will go to building a new saw mill. It is highly likely that Mr Moore will have a lot of local help in with the project. This will not only be of great benefit to Mr Moore and his sons but will also benefit all of the many residents of Murray River and surrounding areas of PEI.
Murray River is a beautiful fishing community in southeastern PEI that would be well worth your while to visit.
Garnet Buell of Murray River, Prince Edward Island, Canada, was recently chosen for the distinction of the Order of Prince Edward Island. The honour recognizes Prince Edward Islanders who have shown excellent leadership in their community.
Garnet has been very active in raising money for the Queen Elizabeth Hospital in Charlottetown, PEI. He and his committee have raised great amounts of money for the critically needed equipment for Prince Edward Island's main hospital.
Congratulations Garnet for all the good work you are doing for Prince Edward Island citizens.
Some PEI Real Estate Questions about real estate properties in Prince Edward Island, Canada:
1. Are land taxes the same in PEI for a non-resident compared with a resident?
Answer: No, a non-resident pays more property taxes per year than a resident of PEI
2. If a buyer purchaser a property in PEI, does he or she have to build on it within a certain period of time?
Answer: No, unless there is a rare restrictive convenant on a property, a buyer of a PEI property builds on it when he or she wants to build on it.
3. Do I need a PEI lawyer to buy a PEI property?
Answer: Yes, you need a PEI lawyer to do a search to make sure that the property is legally secure for you to buy.
4. Are all properties in PEI surveyed and pinned?
Answer: No, it is advisable when buying a PEI property to have it surveyed and pinned so that you know the exact boundaries of the property. This would involve hiring a good surveying company on Prince Edward Island.
5. Can anyone in the world buy a PEI property?
Answer: Yes of course, anyone can acquire a PEI property.
6. What are restrictive covenants?
Answer: The owner of a subdivision can legally set up a set of covenants or rules for his or her property. For example: An owner may state that no trailers are allowed on the properties. These covenants are set up to protect the purchasers of the lots in a subdivision. Many properties on PEI however have no such restrictive covenants.
As of June 23, 2008, PEI Real Estate agents and brokers must collect personal identify information, and a record of funds from buyers and sellers of Prince Edward Island properties. This information is to be kept by the agent for 5 years. This is to protect against money laundering and terrorist financing.
There are 2 things a Vendor of a PEI Real Estate property must provide to the Purchaser:
1. Water Test:
The Vendor must insure that there is a successful Water Test done before the closing date. The Water Test is to be done by a Third Party.
2. Tagged Oil Tank:
The Vendor of a property in Prince Edward Island must insure that the Oil Tank is tagged so that it meets the standards of the Government of Prince Edward Island.
If a property is "AS IS WHERE IS", the above requirements do not apply.
It is very sad to hear about the millions of homeowners in the Unites States who have lost their homes. One wonders whom is to blame; certainly the consumer who is taking out a mortgage should be responsible to make sure that he or she is not being deceived. On the other hand, deceptive mortgage companies can make a mortgage so appealing that the consumer is so hyped up, they don't know what they are doing.
Here in Prince Edward Island, Canada, this problem doesn't exist or is very minimal. The mortgage companies in PEI are more honourable and don't try to deceive their customers.
Trinity United Church located at 220 Richmond Street, Charlottetown, Prince Edward Island is the oldest Church in the city of Charlottetown. It was dedicated in 1864.
Rev. John Moses is the Minister of Worship and Administration, Rev. Ian MacLean is the Minister of Pastoral Care, Anne Doiron is the Office Administrator, Donald Fraser is the Director of Music.
Trinity United Church is strong in outreach into the community. It broadcasts its services over the local PEI Cable Network.
If you are visiting the Charlottetown, PEI area, please make it a point to visit Trinity United Church - you'll be glad you did.
At 6:PM Monday to Friday, residents of Prince Edward Island, Canada, are sitting in front of their TV sets to get the latest news of the day on a CBC program called "Compass". The CBC studio for this broadcast is located on University Avenue, Charlottetown, PEI. Compass gives Islanders the latest news, weather, and sports.
Bruce Rainnie is the host of the Compass broadcast and Kevin "Boomer" Gallant is the very capable weatherman.
The CBC staff go "on the scenes" to report on the main "news makers" of the day. This could include a big story from the PEI Fishing Industry or the PEI Farming Industry, Etc. Recently Compass added the "Photo Of The Day"where Islanders can send in their most interesting photo, and, if picked, it will be featured on the Compass program.
Prince Edward Island has unique Civic Addresses for the Fire Departments, Police, etc. to locate an exact property location. These Civic Addresses can be located on the PEI Government website: http://www.gov.pe.ca
Once a Civic Address is to be found, one can go to the PEI Government webpage and under "Address Locator" can easily find it. For example: Civic Addresses are very helpful to businesses in PEI that have to deliver goods to a property in PEI. This business can go on the Government website, type in a Civic Address, and it comes up on a location map so that you know exactly how to get to it.
This Address Locator is also very helpful to Real Estate Agents who want to find a specific property in PEI to list or sell.
Blogging about PEI Real Estate in Prince Edward Island, Canada. Excellent Real Estate market here in PEI. A lot of Americans and Canadians from other Provinces invest in the excellent PEI Real Estate.