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14 The Canadian Statesman, Bowmanville, Wednesday, May 4,1994 Real Estate Deadlines and Policies Deadline for Wednesday Publication is Monday at 12:00 Noon. Any compensation for errors or omissions by The Canadian Statesman will be limited to the value of the space occupied by the error in the advertisement. ^ Please phone 623-3303 and ask for the Real Estate Sales Department y Real Estate with Betty Smith LAND TRANSFER TAX Federal, Provincial and Municipal governments all generate revenue through taxation. One of the most well- known forms of taxation is the Real Property tax collected yearly by municipal governments from Real Property owners. Land Transfer Tax, however, is collected by the Ontario Government. This one time tax is paid by a purchaser, when an Agreement of Purchase and Sale is registered at the Registry Office ("closing") and the amount of tax is based on the Purchase Price of the property ("consideration"). While the Land Transfer Tax Affidavit is prepared by the Purchaser's lawyer, a Real Estate agent will be able to estimate the amount of the tax payable. This extra cost, when purchasing a home, seems to come as a shock to many first time home buyers! It must, therefore, be discussed and taken into account when we're financially prequalifying our customers and preparing Offers to Purchase. If you're seriously thinking of buying or selling in the near future, please meet with me first. I can be reached at Family Realty 2000 Ltd., 1 King Street West, Bowmanville - 623-2000 (24 hr. pager). Ribbon Cutting Officially Opens New Business in Newcastle Newcastle Mayor Diane Hamre cut the ribbon to officially open the Newcastle Card and Gift Shoppe and Newcastle Photographic on Saturday, April 30th. Shown above are Chris and Paul Bennett of Newcastle Newcastle Photographic, Joan, Cowles, Gary Johnson and Brian Rumbles, of the Village Card and Gift Shop, members of Clarington Council and other well-wishers. The store is located at 19 King St. E, Skylights Help Brighten and Add More Space To Your Home This article is provided by local Realtors and the Ontario Real Estate Association (OREA) for the benefit ofconsumers in the real estate market. market. If you're looking for ways to make your home brighter and more spacious this spring, why not consider consider installing a skylight or two? Properly Properly installed skylights will not only brighten up your home, they'll also add exciting new focal points to your living space - and they won't compromise compromise your privacy. A skylight is also a bonus if you or a family member is a budding gardener gardener and would like to give your greenery a extra boost. If you're into astronomy or star gazing, a skylight will give you a perfect vantage point. There are many different types of skylights to choose from, but no matter matter what you decide on, you're sure to enjoy the benefits. Types of Skylights The type of skylight you choose will depend on the look you want to achieve, and the purpose you want your skylight ta serve. Do you just want the skylight to bring in more light, or do you really want a birds- cye view of your outdoor world? Plastic bubbles arc a popular option, option, but they arc not necessarily the best for viewing, since their roundness roundness can distort your view. A fixed glass skylight is another option. A vented unit - which resembles a car sunroof - will allow you to open it up and let fresh air in and warm air out. If you're concerned about the heat that a fixed skylight may generate during the peak of summer, you might want to consider installing a tinted unit. Another option is to shade the skylight either from the inside or outside with blinds or other materials. materials. Plan According to Budget The type and size of skylight you choose will depend largely upon your budget. There arc several prefabricated prefabricated units available on the market market which you can install yourself. Ideally, however, you should have yours installed by a contractor who specializes in glass installation. Obviously, Obviously, the larger the skylight you choose, the higher the cost will be. Before you finalize your plans, take a good look around your home, both inside and out. Even a very subtle subtle change in the location of your skylight skylight can produce a totally different effect. Also, keep in mind that you want your skylight to be subtle and natural - it should look like it has always been there. Since southern exposures get the most light, you may want to have your skylight installed on the north side of your home, to brighten it up a little. Look at Roof You'll also have to lake your roof into consideration. If you have an attic, attic, you'll have to have a light shaft to bring light in from the skylight and down to the room below. If you plan to handle the installation yourself, it's still a good idea to check with an expert first to make sure you won't be causing any structural damage. Keep the proximity of nearby trees in mind as well; limbs can scratch and damage skylights. Weather conditions should also be kept in mind. If you traditionally receive receive a large buildup of ice and snow on your roof, you may have problems with leaks or condensation if your skylight isn't properly installed and sealed. Shapes and Sizes There is an endless array of shapes and sizes of skylights to choose from. Pyramid styles are popular, popular, along with the more traditional round, domed and rectangular styles. If your budget allows, you may even want to have one custom- designed to suit your specific requirements. requirements. Remember to check with your municipality to see what permits are required before you do any installation installation work. Use Caution With Brokers for Loans The Ontario consumer ministry continues to advise consumers to use extreme caution in dealing with loan brokers. Some loan broker companies charge customers a fee - usually non- refundablc - to try to find them a loan. In these cases, there are no guarantees they will actually get one. Anyone thinking about using such a service should seriously consider several things. First, rather than paying paying the processing fee in advance, consumers should insist it be deducted deducted from their loan once it is approved. approved. If the broker finds a lender, their fee is guaranteed and the consumer consumer doesn't lose any money. But it's important to make sure this arrangement arrangement is clearly spelled out in the contract. contract. Some loan brokers charge the upfront upfront fee only to tell the consumer they will need to have someone guarantee guarantee the loan - a co-signer - before it's approved. Banks and trust companies companies will tell them this for free. FOB SALE BY TENDEB 0.53 ACRES OF VACANT LAND PORT HOPE, ONTARIO CN Real Estate is inviting tenders for the purchase of approximately 0.53 acres of vacant land, at the north-west corner of Shuter and Hope Streets, with a 270-foot frontage on Shuter Street, in the Town of Port Hope, Ontario. The subject parcel is zoned light industrial. Tender information packages are available for $10 (non-refundable), and can be obtained by sending a certified cheque or money order payable to CN Real estate and quoting file no. 41410. Sealed tenders will be received up to 12:00 p.m. EST on Tuesday, May 24,1994. CN Real Estate 277 Front Street West Suite 930 Toronto, Ontario M5V 2X4 Attention: Adam Carr General Information: (416) 340-6788 The highest or any bid not necessarily accepted. CM Real Estate Immeubles © Durham Rd. 20,1 km West of Hwy. 35-$223,900. Call Rob Perkin 623-3624 20 Rutherford Dr., Newcastle $148,900. Call George Wallace 987-0512 106 Wellington St., Bowmanville - $234,900. Call Brad Hockln 623-0398 DRIVE BY AMD HAVE A LOOK. Hockin Ken Hockin Real Estate Ltd. Realtor 123 King Street E., Bowmanville 623-4115 6181 Leskard Rd., Orono QOO Call Marg Bain 623-2661 OPEN HOUSE SUNDAY MAYS, 2-4 p.m. 52 Carlisle Ave., Bowmanville $139,900. Call Al Beard 987-4035 22 Trudeau Dr., Bowmanville $128,500. Call Pat Marjerrlson 623-2478 Ann Simpson Sales Representative 4le^rown'nicely decorated home near schools, shopping and hospital. Finished basement, gas heat, air conditioning, air cleaner. Fully fenced backyard. Call Ann Simpson for your personal viewing. Alf Annis Owner/Droker Buy or Sell With Alf Annis For Your Chance To Win A1994 Pontiac Grand Am SE FAMILY REALTY „„ION ÇERTIF , ^fhis certificate entitles a residential property owner fo one marlceF evaluation by a Family Realty 2000 Ltd. Representative. This service to be performed without cost or obligation to the owner. Re hr" certificate or call for an appointment at: @23-2000 CESS /-? flBB lot on quiet court. 3 bedroom, 2 bath, central air and vac., finished basement, lots of upgrades!! Kassinger Bungalow Backing sJKSSL tenM==,3,a,ç=bed„3 bath, finished both levels with walkout basement, greenhouse kitchen with w/o to large deck, huge family room w/fireplace bar, 2 picture windows, & sliding glass exit to fabulous backyard. $217,000. Beautiful 5 bedrooni œntury home wiàf wall to wall fireplace in family room. Fireplace and ensuite in master bedroom. Double detached garage with loft. JUST REDUCED TO $169,000! Call Bob or Mary Ellen Craig. Bob Craig Sales Representative Mary Ellen Craig Our FREE Country Catalogue is Now Available. Call for your copy/ ^ fo ' m ' 5onla,ivi; Eressfipspc, -, w , Sunday May 8194 This promotion compliments of Family Realty 2000 Ltd. ^tànÿsizbiœcrbaMconë--, fjhfjjpfrancw St (tmhlndl Family Realty