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Real Estate:The Oakville Beaver, Wednesday, Feb. 2, 1994 22 Real Estate News Gets 67 Lakeshore Rd. W.. Oakvile 338â€"9000 } {Ll n ts Blackmore M Aboutowne _ Realty Comp., 338â€"9000, 632â€"6331. Miller Real Estate Ltd. REALTOR 467 SPEERS RH. halig: DOUGLAS LOME Sales Representative $187,500 DELIGHTFUL FOR FIRST HOME Seeing is believing. End unit link, 3 bedroom, 2%/ baths, family room, fireplace, eatâ€" in kitchen, walkâ€"out to deck. Fenced yard. Huge lot. CAC, Builtâ€"in dishwasher. DOUGLAS LOME 845â€"9180 $199,900 18T TIME BUYER â€" FREEKHOLD Over 1800 sq. ft. Loaded, premium lot, upgraded. Appliances â€" fridge, stove, dishwasher, dryer washer. 4 pc. ensuite. Family room fireplace, decorator colours. LOME 845â€"9180 $226,000 CENTRAL AIR CONDITIONER Plus 4â€"bedroom, 2‘%/ bath | home. Ceramic hall, kitchen, laundry, all bathrooms. Main floor family room, oak stairs, C/vac, greenhouse kitchen, upgraded carpet, wood deck. DOUGLAS LOME 845â€"9180 $269,900 MoVE UP TO 2840 SQ. FT. â€" FIN. BSMT. River Oaks â€" 4 bedrooms, 2 ‘ baths, Scarlet O‘Hara stairs. Main floor den, laundry, _ family room, fireplace, C/air C/vac. Interloc drive, fenced lot, River Oaks School. DOUGLAS LOME 845â€"9180 The First Time earching 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. When you conâ€" sider that buying a home is probably going to be the sinâ€" gle, largest purâ€" chase most of us will ever make, it‘s little wonder that the process can be somewhat frightenâ€" ing and a little overwhelming to most people. 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 purchasers 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 informaâ€" tion about the ho meâ€"b uy in g process. Now in its fourth printing, the easyâ€"toâ€"read book has been revised to reflect lower interâ€" est rates and downâ€" payment requireâ€" ments. For instance â€" at an interest rate of 9% â€" the cost per thousand (based on a 25â€"year amortizaâ€" tion period) is $8.28. So, if you purchased a home with a mortgage of $100,000, _ your RIVER OAKS WHAT: A picture perfect almost new 3 bedâ€" room semi â€" court location. WHERE: River Oaks â€" a family oriented Oakville community. WHY: Beautiful home backing on park, priced right at $178,00 0. WHEN: Now. Open House SAT. FEB. 5, 1â€"4PM 2409 SUSQUEHANNA COURT WHO: SUSAN PRATT, sales rep. 828â€"1122. Call for information. DQYAL LEPAGE REAL ESTATE ROYAL LEPAGE SERVICES LTD. FRED SCHAFER REAL ESTATE LTD. payments at this rate would be $828 per month. Some lending institutions are now offering shortâ€"term mortgages (usually six months) at even lower rates. Based on a 25â€"year amorâ€" tization, monthly payments at 7% would be $700, at 6% they would be $600. From this simâ€" ple example, you can see what a difâ€" ference a couple of percentage points make. And keep in mind that lower interest rates not only affect your monthly payments, but also your abiliâ€" ty 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 purchase. Unlike some other books about homeâ€"buying, "How to Buy Your First Home" is designed to be userâ€"friendly and makes no assumpâ€" tion that the reader has any previous knowledge of the h o m e â€" b u y i n g process. It provides the basic building blocks to help you start your home search with confiâ€" dence. The book leads you through the following stages: + Making the decision to buy; TRANSFERRED! Just listed this one year old 3200 sq). f?efi u (5) bedroom home, including (3 bathrooms upstairs (great for nanny or inlaws), open concept fireplace and included upgrades model possible, main floor den home a $334,000 dollars. lease ca powder room, kitchen to family room with leaming oak flooring, many in this better than t the asking price of Immediate possession, || Fred Schafer at 842â€"1630 or res. 842â€"1635. OREA booklet helps to deâ€"mystify process of buying that first home * 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; *« Having the home inspected; and + Completing the transaction. Several workâ€" sheets and checkâ€" lists are included in ther. Using the book will help you understand _ the importance _ of working with a realtor and what you can expect from these profesâ€" sionals. It will also help you shop for a mortgage more effectively and talk intelligently with your banker. A realtor can help you with any quesâ€" tions you may still have after reading the book. For a free copy the book to help "deâ€"mystify" the homeâ€"buying call 1â€"800â€"563â€" process even furâ€" HOME. |__ ComIng UP _ Pickering Trade Centre hosts 1994 Cottage Show More than 250 exhibitors specializing in items specifically for the cottage are busy preparing for The 4th Annual Cottage Show, set for Feb. 4 to 6 at the Metro East Trade Centre in Pickering. "If it‘s for the cottage, it‘s at the Cottage Show," says show director Ron Cowan. The show offers oneâ€"stop shopâ€" ping for cottage owners or for those thinking of buying their first cottage. By bringing together the "true cottage experts" at the Cottage Show, Cowan has attempted to ensure that cottagers are able to comparison shop in one venue for the best selection and prices for all of their cottage needs. The Cottage Show houses under one roof as many cottage industry experts as possible â€" from realtors to contractors, log home builders and renovators to dock builders, as well as, exhibitors of boats, canoes, hot tubs, wood stoves, home furâ€" nishings and outdoor clothing. Of course, cottage country contractors eager to build your dream cottage will be in attendance, as will cottage country realtors exhibiting property listings from across Ontario. "This year, we will be emphasizing the underâ€"$99,000 cottage," says Cowan. "There are a lot of quality cottage properâ€" ties available and they‘re closer and more affordable now than people think. There are deals out there." of "How to Buy Your First Home", The success and growth of the Cottage Show over the past four years is due largely to a growing trend in the conâ€" sumer exposition industry â€" shows that are directed at specific target markets, says Cowan. As the tremendous number of "baby boomers" begins to approach middle age, the number of cottage owners is expected to grow steadily over the next decade. For further information about the Cottage Show contact Ron Cowan at (416) 636â€"5056 or (800) 387â€"5291.