PORT PERRY STAR REAL ESTATE aND CLASSIFIED ADVERTISING VOL.1 No.23 - FIRST CHOICE REAL ESTATE - TUESDAY, FEBRUARY 20, 1990 Published weekly by the Port Perry Star NORTH OF PORT PERRY - $198,900. New all brick rais- ed bungalow. Three good size bedrooms with large closets. Dining room with walkout to deck. Spacious livingroom, family sized kitchen with oak cupboards. Open stairway with oak railings. Electric furnace. Purchasers' choice of broadloom and cushion floor colours at present time. Lovely view of Lake Scugog from many sides and registered lake access. Call today for your personal inspection. WATERFRONT CEDAR SIDED BUNGALOW on East shore of Scugog Island. Partially treed lot 80 x 285. Eat-in kitchen, living and dining combination, attached garage. No work to do, just move in and enjoy. Just listed at $229,900. TO VIEW THESE PROPERTIES CALL ... 985-8041 Home buyers should seek legal advice In today's booming real estate market, many first time homebuyers spend more time researching which VCR they want than they do researching the most important purchase of a lifetime; a home. Eager to make an offer, con- sumers fear losing out, or paying a higher price. Real estate and legal pro- fessionals agree that not understanding the legal ramifications of an "Offer to Purchase' can be a cost- "ly mistake. Before you sign any real estate transaction, consult a lawyer. It's best to choose a lawyer who specializes in the real estate field. Ask your friends, family and local law society for references. Your lawyer's main responsibility is to protect your rights and to ensure that you are pur- chasing what you think you are purchasing. Your lawyer will review the offer before you sign it. Find out the costs for legal fees. Normally, lawyers charge for disbursements - an expenditure made on your behalf. These include searches and registrations. In addition, a lawyer will charge a fee for his service. The amount depends on the complexity of the transac- tion. Other costs can include - land transfer tax and surveys. Once you have arranged financing, your lawyer will begin a thorough investiga- tion to check that the con- tract includes everything you want. (Turn to page 4) pV 3 9 AL ERS bf 3 b © | 4 [RN week. seis 20 SELLING YOUR HOME? | When you list your house, property, business or farm with a realtor, you'll want them to advertise in the community newspaper with the greatest readership, because chances are, your home will sell faster. In Scugog Township, the Port Perry Star is that paper, reaching more than 20,000 readers each If you're selling, you won't want to miss this large, important market. List your home with one of the many area realtors who advertise weekly in the Port Perry Star. Because like you, that's where buyers will look when they're looking for a new home.