The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Searching for and buying a home for the very first time can be somewhat like taking a roller coaster ride; you don‘t always know what to expect â€" except that there will probably be a few bumps and jolts along the way. For instance â€" at an interest rate of 9% â€" the cost per thousand (based on a 25â€"year amortization period) is $8.28. Now in its fourth printing, the easyâ€" toâ€"read book has been revised to reflect lower interest rates and downpayment requirements. To help you sort through the process and have a better idea of just what to expect, the Ontario Real Estate Association is offering firstâ€"time purâ€" chasers copies of its popular, free â€" and recently revised book â€" called "How to Buy Your First Home." The 128â€"page guide originated two years ago in response to research showing that potential firstâ€"time buyers wanted a lot more information about the homeâ€"buying process. When you consider that buying a home is probably going to be the sinâ€" gle, largest purchase most of us will ever make, it‘s little wonder that the process can be somewhat frightening and a little overwhelming to most peoâ€" ple. C Real estate association offers free guide to firstâ€"time home buyers $269,000. Super 4 barm. home w/easy commute to Toronto. Large kit., Irg. 2 tiered deck, mature landscaping. Custom built in ‘89. Moveâ€"in cond bleached hawd. firs. in liv./din. rm., main fir. den, Fr. doors, C/A . Near 403 NEENA SINCH 338â€"2201, 849â€"1174 | MICHELE GABOURY® 338â€"2201, 845â€"8445 SHERWOOD HEIGHTS 1101 UPPER MIDDLE ROAD m 338 2201 From this simple example, you can see what a difference a couple of perâ€" centage points make. And keep in mind that lower interest rates not only affect your monthly payments, but also your ability to qualify for the mortgage in the first place. Generally, the lower the interest rate, the greater the amount you can borrow to finance your purâ€" chase. Unlike some other books about homeâ€"buying, "How to Buy Your First Home" is designed to be userâ€"friendly and makes no assumption that the reader has any previous knowledge of the homeâ€"buying process. It provides Some lending institutions are now offering shortâ€"term mortgages (usually six months) at even lower rates. Based on a 25â€"year amortization, monthly payments at 7% would be $700, at 6% they would be $600. So, if you purchased a home with a mortgage of $100,000, your payments at this rate would be $828 per month. Canada Trust Realty Canada Trust Realty Inc./Realtor ** Assoaale Broker Using the book will help you underâ€" stand the importance of working with a realtor and what you can expect from these professionals. It will also help you shop for a mortgage more effecâ€" tively and talk intelligently with your banker. A realtor can help you with any questions you may still have after reading the book. *« Having the home inspected; and *« Completing the transaction. Several worksheets and checklists are included in the book to help "deâ€" mystify" the homeâ€"buying process even further. the basic building blocks to help you start your home search with confiâ€" dence. The book leads you through the folâ€" lowing stages: *« Making the decision to buy; *« Deciding what kind of home you can afford; * Investigating the marketplace; *« Selecting and working with a lawyer; *« Making an offer to purchase; *« Arranging a mortgage and other costs; Your First Home", simply call 1â€"800â€" 563â€"HOME. v For a free copy of "How to Buy 2274 LAKESHORE ROAD W. = 847â€"3030 I SYLVIA CROMPTON® 847â€"3030, 827â€"65( 1 bairm. suite in "Lighthouse Blag." close to Bronte Harbour, new European kitchen. Appliances included. BRONTE CONDO FOR $89,900!! € sutton groupâ€" § people & properties inc. Msm cce 844â€"5000 Warmly Welcomes An experienced Oakville Real Estate Sales Professional 844â€"5000 ESTATE TED RAMSEY Sales Representative