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The Independent, Canadian Statesman Weekender, Bowmanville, Saturday, June 25,1994 19 Selecting and Working with a Realtor If you're interested in buying a home, you'll want to work closely with a Realtor.'When you work with a Realtor, you have direct access to a vast library of information and experience. experience. After all, Realtors have considerable considerable knowledge of market values, values, the properties available, in your price range - and homes that will match your individual needs. They also have direct access to the Multiple Listing Service (MLS), which provides details on a wide variety variety of properties in the markets you're exploring. How to Find a Realtor There are a number of ways to find a Realtor. One is to note the names of Realtors in newspaper real estate advertisements and Realtor publications. As you drive through prospective neighbourhoods, you should also jot down the names and telephone numbers numbers of Realtors shown on "For Sale" signs. Open houses are another great way to meet Realtors working in an area that you're interested in. As well, it's also a good idea to ask friends and co-workers for names of Realtors that they would recom : mend. ■ And, since you'll be working closely with a Realtor for weeks or possibly even months - it's a good idea to choose someone you feel comfortable with - someone who listens listens to what you have to say, asks intelligent intelligent questions and shows a genuine genuine interest in helping you. You may even want to interview two or three Realtors to make a comparison. How successful has the Realtor been? Is the brokerage firm well- established in the markets that interest interest you? Is the Realtor knowledgeable knowledgeable about the market and financing options? Specifically, what will the Realtor do for you? You may even want to consider asking for references from buyers with whom the Realtor has worked before. Be Honest and Open Once you've selected a Realtor, be honest in discussing your financial situation and carefully review the features features you're looking for in a home. This will help the Realtor find prospective prospective homes best suited to your needs and will save you a great deal of times as well. Most importantly, remain loyal to the Realtor you've chosen if the Realtor Realtor earns your trust. After all, this person will be spending a lot of time and effort on your behalf. House Hunting with a Realtor Once the Realtor has a clear understanding understanding of what you Want and what you can afford, you're ready to view prospective homes. This is where the Realtor's knowledge of the market will really pay off - and save you a lot of unnecessary time looking at homes that aren't right for you. No matter what kind of condition the market is in, house hunting isn't a process that should be rushed. How long will it take and how many houses houses are you going to see? The answer is different for every buyer. However, it's a good idea to look at a few rather than many. If you and the Realtor have done your homework, ideally, you should only have to visit a handful of homes to make an informed and wise selection. Much of your search can be done through the Multiple Listing Service and preliminary discussions with the Realtor. As you visit and react to each home you see, the Realtor will have an increasingly better idea of what you want and don't want and will refine the search process until you find the house that is just right for you. n 1 Real Estate Km M JÊ & rlvl/v with Betty Smith FIVE PERCENT DOWNPAYMENTS Good News Bulletin! You no longer have to be a first time home buyer to qualify for a 95% C.M.H.C. insured mortgage with a 5% downpayment. The Original First Home Loan Insurance programme restricted 95% financing to first time Home Buyers and to those who had not owned a principal residence at any time during the previous five years. C.M.H.C., will now insure these high ratio mortgages for specific "hardship situations" such as marital breakups resulting in the sale of a principal residence OR relocation to geographic area due to an employment change OR loss of equity in the principal residence due to a fall in market values (provided that the net equity from the previous sale is invested in the new principal residence). This amended plan will be of great benefit to those buyers wishing to stay in the housing market but are unable to acquire a 10% downpayment. However, you must financially qualify for these mortgages just as before and the usual C.M.H.C. Fee will still apply. For more information, contact any C.M.H.C. - approved lender (banks, trust companies, credit unions etc.) Thinking of buying or selling soon? Please meet with me first. I can be reached at Family Realty 2000 Ltd., phone # 623-2000 / 24 hour pager. © RE/MAX experience gets results! -- Children's Miracle Network 1 SPONSORED BY Rmx e 428-1206 (Toronto Line) Call us First! 623-6000 cornerstone realty ltd., realtor 104 king st. e., bowmanville Worn ACRE BUILDING LOTI ' Surrounded by farmland-drilled well!' Just $51,000. ** Associate Brokers * Sales Representatives EXTREMELY ENTICING COUNTRY BUNGALOWS! Lovely 40 acre property 10 minutes north of Orono. Upgraded 2700 square foot home!... $279,000. Landscaped half acre - perfect for commuters - lavishly renovated home! ... $198,900. Half acre lot bordered by century old trees - deceivingly spacious home ... $195,000. associate broker "Member of Remax 100% Club" Call for your FREE APPRAISAL &!$#*** 623-6000 James* and Ellen** Bush Live in one unit, rent the other. Two - 3 bedroom units. Call for details. Don't Beat Around the Bush. Call SUNDAY, JUNE 25, 2 - 4 p.m. 18 Resnlk Dr., Newcastle James* or Ellen** Bush 623-6000 Doug Humphrey** OUUN1HY BUiLUINü * LOTS * Unique country lots surrounded by farmland, Orono area. Build your dream home now - these lots come with drilled wells and surveys - financing available. Now priced at just $51,000. each COMMERCIAL BUILDING Orono. 1/3 acre near 35/115 access. Over 3000 sq. ft. Asking $49,900. with vendor financing. To view these properties, call Doug Humphrey**, Broker, 623-6000 Member of Remax Hall of Fame PRICE SLASHED TO $54,900. FOR QUICK SALE! ' Immaculate 2 bedroom in Wilmot Creek pat Hurley* with Florida room. Backs onto golf area. Call today. Pat Hurley*, 623-6000 or 623-3899 Pat Moves People... Pat Moves People... Pat Moves People... COUNTRY CHARM Picture yourself this summer relaxing on the large deck of this lovely bungalow overlooking a huge 75 x 330 foot mature lot, a 20 x 18' garage/workshop stands at the rear, forced air gas heat, newer kitchen, main floor family room; separate dining room and high 90% complete downstairs with 2 pc. and shower shower make this property appealing. Please Call David Passant**, Associate Broker, 623-6000 24 hr. pager For a market evaluation of your property call David today! Serving the Durham Region for over 19 Years. George Feddema* FOR A NO OBLIGATION EVALUATION of your home's worth in today's market call George Feddema* at 905-263-4451 or Remax Cornerstone 623-6000. I would like to advertise your home in this spot. Linda McLennan** WATERFRONT BUNGALOW For more information, please call George Feddema* at 263-4451 or Remax Cornerstone 623-6000 Super clean 2 bedroom home in adult •community. Enjoy a great life style complete complete with tennis, golf, swimming and so much more. u n( j a McLennan** 623-6000 2400 sq. ft. 4 bedroom home on lovely, private 10 acres. New kitchen, attached 2 car garage.' 30' x 45' workshop with office. WANT A SKYLIGHT? Dianne Warren* It's here. Walkout to fully fenced yard? It's here. Eat-in kitchen? It's here. Extra 2 pc. bath in basement? It's here. And only $123,900. Call to see. Call Dianne Warren* 623-6000 (24 hr. pager) Toronto Line 428-1206 Aubrey Crooks* GREAT BEGINNINGS Cool off in your above ground pool this summer! This 3 bedroom link is yours to enjoy for only $124,900. Finished recreation room. Economical gas heat. Aubrey Crooks 623-6000 or Res. 623-1735 Ron Moore* Sales Rep. 623-6000 24 hr. 623-9263 (res.) FREEHOLD TOWNHOUSE 1150 sq. ft. three bedroom townhouse in • Courtice. Your choice of color and carpet. Won't last at $117,000. Call Ron Moore* FAST! Get "Moore" for your money with Remax Vlnnle Gupta* Sales Rep. 987-1709 (res.) "Your Clarington Connection" A RARE FIND!! Only 4 months new, all brick 3 bedroom home with family room, 3 baths, fireplace, central air. Thousands spent on upgrades!! Motivated vendors. For full list of upgrades and personal viewing, please call Vinnie Gupta. IN',!" *5» Tony Klompmaker* TYRONE 28,000 sq. ft. This home shows beautifully and offers 5 bedrooms, 3 baths, main floor family, laundry and office. Could easily be duplexed. Asking $149,900. Call Tony Klompmaker* Remax Cornerstone, Office: 623-6000 or Res. 263-4448 ©