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Page 12 The Claringion/Courtiee Independent, Bowmanville, Saturday. February 21, 1998 Reasons to be Optimistic Chosen by their schools, these young people have proven they do the utmost at school, at home, and in their respective communities. Each year, the Optimist Club of Newcastle honours different youths who have shown they are good citizens. On Thursday night, Jan. 29, the Optimist Club honoured Emily Bradford of Newcastle Public School; Sarah Armstrong of Ncwtonvillc Public School; Ccri Evans of Clarke High School and Brenda Burt of The Pines Senior Public School. Michelle Walker, the club's Youth Activity Chair,,was on hand for the presentation. Unable to attend -- probably due to the weather conditions -- were Ian Crookshank of Clarke High School and Claudia Cicciarella of St. Francis of Assisi Elementary School. ABC's of Real Estate This cuticle is provided by load Realtors and tlw Ontario Real Estate Association (OREA) for tlw benefit of consumers in the real estate market. The one thing about participating in the real FRANK REALTOR HOT HOT DEAL I Commercial zoning, great location, good tenants, bring over $26,000 after expenses - an offer you | can't beat! Only asking $239,000. Call John Shewchuk* 623-3393 or 623-5927. estate market that confounds confounds most consumers is the terminology and jargon that must be learned. But, as with any business, in order to be successful as a buyer or seller, it is necessary necessary to become familiar 234 King Street East, Bowmanville Telephone 623-3393 Toronto Line 686-1035 BRAND NEW RAISED BUNGALOW 1.25 Acre lot, 3 bedrooms, greenhouse kitchen, deck, full basement, double double car. . garage, | $156,900. Call Charlie Reid* 623-3393 or 983-5914. OPPORTUNITY KNOCKS 13 bedroom bungalow on large country lot with double detached garage. Home needs work but only | $80,900. Call Josie Doxtater** 623-3393 or 623-9557. POWER OF SALE KENDAL 4 years new, pine floors throughout, throughout, 3 bedrooms, beautiful kitchen with walkout, separate dining room and living room, single car garage plus small barn, double lot. This is an excellent buy. $139,900. Charlie Reid* 623-3393 or 983-5914. A ,. " | jpUpgjil A MUST TO SEE Well appointed 1650 sq. It. home in desirable area. Breakfast nook, family room, fireplace,' ceramics, central air, central vac. $159,900. Don't miss out. Call Joe Jeronimo** 623-3393. OPEN HOUSE SUN., FEB. 22, 1 - 4 p.m. 67 Champlne Square - Liberty St. North to Freeland and follow Frank signs. FINISHED WALKOUT BASEMENT Spotless 3 bedroom home on good sized fenced lot in Bowmanville. Master bedroom has 4-piece ensuite. $149,900. Terry Witherspoon* 623-3393 or 697-0332. kM J' NO HEAT ■ NO PROBLEM Sïje Comfort now offers PLANNED SERVICE AGREEMENTS ON Gas • Oil • Air Conditioning Air / Ground / Water Source Heat Pumps ONE LOW PRICE GIVES YOU 24 HOUR • PARTS • SERVICE PLUS MAINTENANCE THROUGHOUT THE YEAR! cuut SERVICE GUARANTEED WITHIN 2 HOURS OR IT'S FREE!! Comfort Shoppe P.S. vs. Consumers Gas H.I.P. • Service guarantee • No voice mail or priority hold waiting • We service all types of equipment • Planned maintenance part of package • Talk directly to technician • Call local number • None • Voice mail or priority hold • Natural gas only • Not offered • Telephone receptionist • Central dispaten system located out of Durnam Region SWITCH NOW - CALL US! FREE Carbon Monoxide Detector ^Installed with selected P.S. Agreements Don't wa/ti Call today! %\)t Comfort iMjoppe 160-164 Baseline Rd. East Bowmanville 623-2956 (tt.J P VISA Ijj Oulclimi I total D Baseline Rd. E. n l-lwy, 401 Housing Starts to Increase in 1998-99 Steady economic expansion. expansion. more job creation, and low mortgage carrying costs point to further improvement in housing over the next two years, reports Canada Mortgage and Housing Corporation (CMI1C) in its first-quarter National Housing Outlook released today. Total housing starts arc expected to rise from 147,040 in 1997 to 157,900 in 1998 and 160,700 in 1999. The market for single-detached homes should expand moderately, moderately, rising by 6.5 per cent to 99,200 units this year and next. Multiple-unit construction construction is projected to expand at a faster rate, reaching 58,800 this year and 61,500 next year. "Although the Asian financial crisis may have some influence on the Canadian housing industry. the effects arc likely to he temporary, as the economy will eventually shrug off the malaise", said Michel Laurence, Senior Economist at CMHC's Market Analysis Centre. The sales pace of the existing home market, which was stimulated by declining mortgage rates in early 1997, is expected to slow in 1998 as supplies tighten and prices firm up. Sales through the MLS system arc expected to reach 326,200 transactions in 1998 and 324,500 in 1999. In Ontario, rising consumer consumer confidence and active resale markets will push housing starts up by 10 per cent to 59,500 in 1998 and further to 63,000 in 1999. Total housing starts in Quebec arc forecast to reach 28,000 units this year and to level off next year, as the provincial market benefits front affordable home prices and some improvement in the migration balance. In B.C. lower job prospects and consumer confidence confidence will set the stage for weaker housing demand. Home building is forecast to slip six per cent to 27,600 this year and a further three per cent to 27,100 in 1999. There will be improvement in the Prairie region, with Alhcrla peaking in 1998. Higher starts in Manitoba will offset a decline in Saskatchewan. u mu 52 King St. West lilt W Bowmanville F Phone: (905) 623-2453 < Fax: (905) 623-0136 ■SKSlW' with certain concepts and words. The real estate business is somewhat unique in that it is not confined to one particular set of dealings. Instead, it encompasses a number of professions: financial, legal, governmental, governmental, building trades, and of course, real estate itself. So, from A for amortization amortization to Z for zoning regulations, regulations, here is a quick run-through of some of the important real estate terminology terminology you'll encounter. Amortization: The number of years it will take to pay off the entire amount of a mortgage. In Ontario, most mortgages arc amortized over 25 years. Appraisal: An estimate of a property's market value. This is used by lenders to determine the amount of your mortgage. Assessment: The value of a property set by the local municipality. The assessment is used to calculate calculate your property tax. Assumable Mortgage: A mortgage held on a property by a seller that can be taken over by the buyer. The buyer then assumes responsibility for making payments. An assumable mortgage can make a property more attractive to potential buyers. buyers. Blended Mortgage Payments: Equal or regular regular mortgage payments consisting of both a principal principal and ah interest component. component. Broker: A real estate professional licensed in Ontario to facilitate the sale, lease or exchange of a property. PRIVATE SALE 227 Andrew St., Newcastle • 3 bedrooms • double car driveway • 1 1/2 baths • large deck • ceramic foyer • gas fireplace • central air • unfinished basement For further information please call 987-1934 LOOKING FOR ACTION!! VENDOR HAS BOUGHT! Ideal in SW street within walking dislance of school. 3 bedroom brick home with attached garage is spotless and attractively decorated nice eat-in kitchen has walkout to fully fenced yard. Master bedroom has ensuite. Be sure to SEE THIS HOME - JUST $149,900. Call today for your appointment (905) 623-2453. CEDARCREST BEACH, BOWMANVILLE 50 foot lot on Lake Ontario with older style year-round cot- taqe. $114,900, KERSHAW STREET Attractive 3 bedroom brick home in desirable north Bowmanville neighbourhood. Double attached garage with door to foyer - main floor computer room - full ensuite in master bedroom - home is 1,515 sq. ft. LIST PRICE: $158,500. BE SURE TO COMPARE AND CALL TODAY. DOWNTOWN BOWMANVILLE Terrific King Street property with 1 commercial and 2 residen- lial units; all in great condilion. Priced to sell at $199,000. IMAGINE! ONLY $98,000. FOR A SMALL HOME ON A104 FOOT LOT. Good Bowmanville location - GREAT START FOR 1ST TIME BUYER!. CALL TODAY 905-623-2453. "A Small Office That's BIG On Service." riitsfe | ffënnîül?! 1 Call a Sutton Group agent at 097-1700 for details UP TO 2/2% CASH BACK!!! YOUR NEIGHBOURHOOD SPECIALISTS Living in, working in and knowledgeable about YOUR COMMUNITY * certain conditions apply EXCELLENT STARTER This 4 bedroom home offers a spacious Chcinlfînfî McAuiey kitchen with walkout to deck, FAG heat, Soles Rep. ^ ^ ^ 5me ^ Only $126,900. Call Charlene McAuiey at 697-1700. Debbie Balenko Sales Rep. BEAUTIFUL 3 BEDROOM SEMI Huge oak kitchen with walkout to 12' x 20' deck and fenced yard. Gas heat, upgraded windows, finished rec-room with tongue and groove pine. A must see! Call Debbie Balenko 697-1700. Lorraine Van Alstyne Sales Rep. Bungalows, Backsplit, 2 Storey's, Veltri Built - Immediate Possession OPEN HOUSE This weekend Sat. & Sun. 12:30-5 Mon., Tues., Wed. 2-6 Take Hwy. 2 E. to Mearnsjust before Bowmanville Zoo go north to Cone., turn right to Soper Creek then right on McFeeters or call Lorraine Van Alstyne at 697-1700. Ann Simpson Sales Rep. WANTED 3 bedroom homes to rent or sell within walking distance of shopping. Call Ann Simpson 697-1700. OPEN HOUSE JUST LISTED SUN,, FEB. 22,2 - 4 p.m. 10 Lorraine Court, Betty 35 Prospect St., Bowmanville Smith Bowmanville, $125,900. $159,900. Sales Rep. Very targe bungalow with big 4 bedroom, 4 level oplit, addition! Main floor family room main floor family room plus and laundry facility, detached rec room. 16' x 32* garage, gas heat. inground pool, gas heat. Call Betty Smith, Sales Representative for more details at 697-1700 or 1-888-226-2230. Henry Eikens Sales Rep. 88 ACRE PARCEL on Regional Rd. 42 with a 5 acre cedar bush, pond. $170,000. 8 ACRE BUILDING LOT in the pines, quiet location, pondsite. $90,000. Phone Henry at 905-983-5279. ~dm! wm ^ cornerstone realty ltd., realtor ® 104 King St. E, Bowmanville 623-6000 JUST LISTED!! Call Linda McLennan Associate Broker 623-6000 Terrific 4 level, 3 bedroom detached backsplit on a huge lot, Court location! Fabulous wall to wall oak wall unit with gas fireplace in rec room with 60 oz. broadloom. 20 x 40 loot Inground pool. Gas heal will) central air. $169,999. Call Linda McLennan (905) 623-6000, -ÛL. David Passant** Assoc, Broker Over 22 Years of Service JUST MOVE IN! Immaculate 2 sloroy noxl to park, private fenced [ yard, eat-ln kitchen, totally I finished rec room, May I possession, many extras. | Ask for David, Also: 5149,900. 3 level backsplit by hospital $158,900. All brick 1600 sq. ft., 5 bedroom $179,900. Century homo on treed loi $239,900. 3 acres Willi stream, 1800 sq. It rancher Mobile homes and vacant land, , List of repossessed houses availableI For a market evaluation of your home, please ask for David Passant**, Associate Broker, todayl 623-6000. Tony Klompmaker** Assoclnto Broker Remax Cornerstone Realty 623-6000 or Res, 203-4448 HILLTOP DR., BOWMANVILLE Lovely 3 bedroom bungalow, altnchod garage, finished LIBERTY ST., BOWMANVILLE Gorgeous 3 r 1 bedroom bedroom sldospllt, oak kllchon wilh hardwood floors, family room with basomont and largo airtight, 2 baths and dr- |)rivnt0 | 0t- Ask)ng cular Interlocking drlvo- S14G900 way. Asking $159,900, 1 ' Cull Tony Klompmaker, Romni^omorslojiMToalt^Uid623j6000jjjo9^63444^ JUST LISTED! Don't miss this one - quiet court location, 3 bedrooms, 3 baths, main floor laundry, eat-in kitchen, family room, gas heat, all freshly decorated including luxury broadloom throughout. Sally Staples 623-6000. Marg Bain* Sales Rep, Call for details at (905) 623-6000 E w&w\ % j "Ill NEW LISTING! A LITTLE BIT OF COUNTRY But within easy access to highways 401, 115 and 2, is this charming 3 bedroom 1 % storey home situated on .40 of an acre wilh a small bam for your hobbies. Listed at $129,900. Call Marg or Linda for all the details (905) 623-6000. Ron Moore* Sales Rep, 623-6000 24 hr, pager 623-9263 (res,) CRESCENT LOCATION THREE LEVEL BACKSPLIT Dotachod throe bedroom homo with largo oat- In kllchon overlooking tho family room and woodbuming flroplaco, combined living and dining rooms wilh walkout to a 50 x 105 It. lot. Forced air gas heat, contrai air conditioning, and lliroo appliances, Asking $149,900. Call Ron Moore (905) C23-G000,