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Agreement of purchase shows intentions within 24 to 48 hours of an offer being accepted. From Page 43 by the seller, this ir- revocable date may have to be changed for the buyer's consideration. Few offers are uncondi- tional. Most include condi- tions to be satisfied before the agreement is firm and binding. Sometimes the buyer's offer is conditional upon obtaining a mortgage. This financing clause should include the terms and current interest rate, how the mortgage is to be paid and stipulate the amount of time a buyer has to obtain the mortgage. Often sellers receive of- fers that are conditional upon a buyer selling his/her house within a specified time period. Within this time, the buyer may have the option of waiving this condition by notifying the seller in writing. If the buyer does not sell his/her house in the time specified in the offer, then the offer becomes null and void and the buyer's deposit is returned in full. The seller may also during this time period continue to offer the property for sale and in the event he receives another offer satisfactory to him, he may notify the buyer in writing. Generally, the buyer has 48 hours from delivery of such notice to waive the condition failing which the offer becomes null and void and the buyer's deposit is returned in full. The seller is now free to accept a new offer. Fixtures and chattels are often a source of misunderstanding between OPEN HOUSE -- SUNDAY, SEPT. 17th -- 1 to 4PM E. on Conc. 10 off Scugog Island Rd. NEED LOTS OF SPACE? buyer and seller. Chattels are personal property which are tangible and moveable. They include such items as rugs, blinds, appliances, and bookshelves. Fixtures, light fixtures, furnaces and some types of window coverings are permanent im- provements to the property that if removed may cause damage to the property. The law is not always clear as to what constitutes a fix- ture and there are cir- cumstances when something that might or- dinarily be considered a fix- ture is to be removed by the seller. An example would be a dining room chandelier which is a family heirloom that the seller wishes to re- tain. If there is anything you want in the house, list it in the offer as part of the pur- chase. The seller's listing may also specify such inclu- sions and exclusions. There are other terms you may want to include in the offer. For example, you may ask the seller to pro- vide an up-to-date and valid survey. It should show that the house is indeed owned by the seller and if any easements or rights of way are in existence. If you want to be assured about the home's safety or structural soundness, you may want to include a con- dition to have the house in- spected. You may want .to inspect the furnace, chimneys, roof, appliances, electrical system and general condition of the house. Normally, a house inspection is completed chase and sale is an impor- GETYOUR [ORY 14 1 Di {¢ ON THE An agreement of pur- RIGHT TRACK. tant part of buying a house. Before you sign it, make sure the document ac- curately describes your in- tentions. Your real estate representative and lawyer can explain the document and guide you through the various stages of the pur- chase process. NEED PHOTOCOPIES? We can do them for you! Letter, Legal & Ledger. Reduced & Enlarged. 285-7371 Century JOHN VERNON PORT PERRY STAR == 235 Queen Street GERRY MEHARG LTD. 985-7383 Member Broker This 4 bdrm. bung. on a lovely lot with 1/G pool may be for you Well dec. & kept. Living space galore for $278,000. Watch for signs and Goldie the Bear. Lorrie Meharg 668-5670. IF YOU LIKE THE HOUSE NEXT DOOR to be further than a spit away, try this 3 bedrm. br. bung. on a dble. wide lot and no one behind you, on Sunrise Bch. Woodstove in rec. rm., eat-in kit., & D.R. $185,900. Call Lor- rie Meharg 985-7371 or 668-5670. PRESTIGE $299,900. 3 bdrm. Century home close to all amenities. Org. wood floors, wrap-around veranda. Lot is 88.41 x 172.92". A must to see. Call Carolyn Wilbur 985-7371 or 852-9577. 57 CHESTER CRES. Spacious 4 bdrm. backsplit w/dbl. car gar. on 50 x 120 lot. Eat-in kit., main fl. laund. & fam. w/firepl., yard is fenced. Ask- ing $229,900. For a viewing call Carolyn Wilbur 985-7371 or 852-9577. JUST LISTED $189,900. 3 plus 1 bdrm. bung. on a 95 x 123 ft. lot. Det. sing. car gar. and workshop. Walkout from bsmt. Part. fin. rec. w/plumb- ing hooked up for 2nd kit. For more info. Call Carolyn Wilbur 985-7371 or 852-9577. WATERFRONTS 1. Portview Beach - 3 bed. brick bung. Only $193,900. 2. Honey's Beach - 2 plus 2 bed. bung. maintenance free and many added features. $269,900. Call Mary Wilson. VACANT LAND -- 10 ACRES 15 min. east Port Perry. 7 ac. hardwood bush, small stream. Ideal for your dream home. Call Mary Wilson. LAKE SCUGOG COTTAGES 2 bdrms. plus sleeping cabin at Platten Island. Deeded access to lake. $88,900. Waterfront. 2 bdrm. insulated cottage at Pine Point. $139,900. John Tait 985-7371 or 985-8630. Member Broker 647 SCUGOG STREET, PORT PERRY 985-7371 STOUFFVILLE ... 640-3131 / 473-1979 UXBRIDGE 852-6106 / 640-2600 WATERFRONT BRICK BUNGALOW Area of executive homes. $249,000. 2 plus 1 bdrm., 2-4 pc. baths, 2 fireplaces, w/o basement. Mature trees. Jannette Peters 985-7371, res. 985-3927. RIVERFRONT ON 2.66 ACRES - $259,900. Lovely 3 bdrm. bung. on 340 feet of riverfront. Easy access to Lake Scugog. Separate dining rm. and living rm. with fireplace. Partially finished rec room. Call John Tait 985-7371 or 985-8630. 4 3 cs a a A Rs a Fn RA I i 4 WALK TO TO AND SCHOOLS $174,900. 3 bdrm. - large eat-in kitchen - upper level has new den with skylight and unspoiled loft - could be mstr. bedrm. - large shed in yard. To view call Catherine Ayotte 985-7371 or 985-8024. 'Thinking of Buying or Selling -- For a Free Evaluation, contact our office.' 852-9577 985-8024 986-4512 Carolyn Wilbur Catherine Ayotte ... 985-3927 Shirley McQuinn 9858630 Denise Kingma Jot.n Vernon, Manager - 985-2806 Francis McGeoghan Jannette Peters John Tait WATERFRONT - $469,900 Large custom bit. 3 bdrm. exec. home - separate in-law apt. (unfinished) plus oak kit. with w/o to deck - games room and rec. rm. with fireplace. Features galore - to view call Catherine Ayotte 985-7371 or 985-8024. OVERLOOKING LAKE PLUS CLOSE TO TOWN Custom built, 3 bdrm. fin. rec. room, oversized double garage with large workshop. New carpet and flooring on large pictures- que lot with above ground pool. $227,500. Pls. call Denise Kingma 986-0611. 4 BEDROOM - CAESAREA $140,000. Great starter across from park on Summit Dr., 80 x 200' lot. Call Jannette Peters 985-7371 or 985-3927 res. $119,500. STARTER HOME 2 bdrms., sliding doors from living room, quality fireplace, new plumbing, new wiring, 50 x 134 lot. Walk to lake. For further details pls. call Denise Kingma 986-0611. BUNGALOW WITH COMFORT - A Cozy cedar finished rec room with woodstove. 3 bdrm. 2 baths, eat-in kitchen with bay window. Walk to lake. Quality construc- tion. For further details pls. call Denise Kingma 986-0611. QUIET COUNTRY SETTING 3 plus 1 bdrm. sidesplit, 2 baths, 2 decks, finished rec room with bar and woodstove. On large lot. For further details pls. call Denise Kingma 986-0611. BUILD YOUR DREAM HOME Large lots in executive areas. Pls. call Denise Kingma 986-0611 a TN TY YN wp ET PN pv ay STINT EE OTTO TUN TT ONTTIRTRSS--S--m----