22 The Independent, Canadian Statesman Weekender, Bowmanville, Saturday, February 26,1994 5% Downpayments Alive and Well Recent media reports have led to confusion regarding the renewal of the First Home Loan Insurance program, program, Canada Mortgage and Housing Corporation said today. "The First Home Loan Insurance program is alive and well," said Gilles E. Girard, CMHC Senior Vice- President, Insurance, Land and Asset Administration. "This federal housing housing initiative was extended until February February 1999 and will continue helping first-time buyers purchase their first home with downpayments as low as five per cent." Since the program was introduced two years ago, more than 150,000 Canadian households have purchased their first home with five per cent downpayments. CMHC studies show that households have been prudent in their home purchases, with no higher risk than regular CMHC business. "Housing markets across the country indicate there is a strong demand demand for affordable first homes. We expect to see significant activity under under this program for years to come," said Mr. Girard. With safeguards such as maximum maximum house prices and debt load limits, limits, the federal program helps Canadians Canadians buy their first house sooner, with lower downpayments, at no added cost to government. Hockin Ken Hockin Real Estate Ltd. Realtor 123 King Street E., Bowmanville 905-623-4115 Brad Hockin ! \ M HOME SWEET HOME Morgandale Crescent in Bowmanville. 3 + 2 bedroom home has room for the growing family. Main floor family room, fireplace and more. Call to see it. Brad Hockin 623-0398. $144,900. YESTERYEAR CHARMER 3 bedroom home completely refinished from floors to ceiling - $159,990. 52 Carlisle Ave„ Bowmanville. Open House on Sunday, February 27/94,2 - 4 p.m. Call Al Beard at 987-4035. TOP OF THE TOWN Elegant century home in west- end Bowmanville. 1/2 acre corner lot with huge shade trees on quiet street. Asking $249,000. Call Rob Perkin at 623-3624. X NRS Edvan Realty Ltd. is " ON KIDS! Bunny in a Basket "EASTER RAFFLE" Draw at Memorial Hospital March 30,1994 Tickets: 3 for $1.00 or 500 each Tickets on Sale in Gift Shop at Hospital or any NRS Agent or Phone 987-4733 or 623-4445 Proceeds to Pediatric Care at Memorial Hospital I <g> cornerstone realty ltd., realtor 104 king st. e., bowmanville 623"6000 428-1206 (Toronto Line) RE/MAX experience gets results! ** Associate Brokers * Sales Representatives BUNGALOW, BUNGALOW, BUNGALOW! David Passant** Mint condition, 3 plus 1 bedroom brick with a detached double car 24' x 20' garage, quiet court on fan-shaped lot 139 feet deep, mature hedges and trees, plaster wall construction, interlocking brick drive. "Lakewood" fireplace insert in finished rec room, dishwasher included. Please hurry on this property! Call David Passant**, Associate Broker, 623-6000 24 hr. pager If you are planning to sell, please call David for a Professional Market Evaluation Experience + Dedication + Service = Results 71 -- * ■■ : | L'liiui . , ft»!!* FAVOURED COURT LOCATION You'll find lots of upgrades in this "better than new" three bedroom Bowmanville home - fireplace, sliding glass walkout, 3 baths, oak cabinetry, fully fenced yard, interlocking brick patio and front walk, double garage, paved drive. FISH IN YOUR OWN SPARKLING STREAM as it Winds its way across this park-like, wooded, 2.5 acre lot. The spacious all brick bungalow comes with central air, central vac, fireplace and woodstove, three baths, fully finished lower level and extra large double garage. VILLAGE SLEEPER! You'll be charmed by the renovation - restoration of this 2125 sq. ft. century style home. Everything from plumbing, wiring and high efficiency gas furnace to gleaming pine and hardwood floors. Located on a mature and private, half acre, village lot. associate broker "Member of Remax 100% Club" Call for your EXCELLENT BUILDING LOT - PRICED TO SELL! 5.51 acre level building lot on the south edge of Orono - conveniently located - terrific exposure for home business. Lots of possibilities - financing available. Now ^just $66,000. r FREE APPRAISAL 623-6000 COMFORT YOU CAN AFFORD. This 4 bedroom village home with huge backyard, backing onto a field, offers a bright and open main floor living area with sliding glass walkout to covered porch, main floor master with ensuite, 3 bedrooms, bedrooms, full bath upstairs. e Vinnie Gupta* Sales Rep. 987-1709 (res.) "Your Clarington Connection" OPEN HOUSE SAT., 2-4 p.m. FIREPLACE GLOW!! 1650 sq. ft., 3 bedrooms, 3 baths, family room with fireplace, attached garage, opulent master ensuite. Please visit 30 Tucker Dr., Bowmanville. For more information and directions please call Vinnie Gupta* 623-6000 24 hr. or 987-1709 Res. » III . DOLLAR WISE!! 1500 sq. ft. 3 bedroom home, family room, 3 baths, main floor laundry, attached garage. Quiet court location. Priced to sell. $129,900. Newcastle. . Ron Moore* 623-6000 24 hr. or 623-9263 Res. "Get Moore for your money with Remax" Ron Moore* Sales Rep. 623-9263 (res.) OPEN HOUSE SUNDAY, 2-4 p.m. 757 Ferndale Street, Oshawa Aubrey Crooks* Large 2 storey home located in "The Glens". Four family sized bedrooms, main floor family room, fireplace, gorgeous bleached oak flooring on main level. Inground concrete pool, fully fenced lot. Close to all schools and trans. Reduced to $183,500. Aubrey Crooks* 623-6000 or 623-1735 (Res.) OPEN HOUSE Dianne Warren* SUN., FEB. 27th, 2 - 4 p.m. 11 Prospect St., Bowmanville 3 + 1 bedrooms, 2 - 4 pc. baths, main floor family/sun room, finished rec room with gas fireplace and wet bar. $133,500. ScugogN. to O'Dell, east to Prospect. Ca|| Dianne vy arren * 623-6000 (24 hr. pager) for your complimentary appraisal. Paul DeJager* SHOWS TO PERFECTION 3 bedrooms, 3 baths, freehold townhouse. Eat-in kitchen. Very bright home. Asking $117,900. Paul DeJager* 623-6000 or 623-2712. Ellie Kinnear* OPEN HOUSE SUNDAY, FEB. 27 2 - 4 p.m. 121 Vailmeadows Cres., Bowmanville $115,900. Do you have a penalty on your existing mortgage which may be preventing you from selling? Call to see how I can help. : v aX - i Eat-in kitchen with upgraded cabinets, cabinets, fully fenced lot, large deck, 3 bedrooms, gas heat, attached garage. Freehold townhome close to parkette In great neighborhood. ■SB M James Bush* HOW SOON CAN YOU MOVE? 4 level backsplit semi close to schools. 2 Ellen tower levels, finished for in-law potential. A Rnch** real steal at only $113,900. Monthly pay- DU&M ments including taxes approx. $900.00. Doug Humphrey Call Ellie Kinnear* 623-6000 (24 hr. pager). /. % Linda McLennan** ONLY $99,900.!! Super 2 bedroom starter home. Gas furnace -1992. Newer shingles and 200 amp service. Go King St. to Liberty, south on Liberty to 25 Albert Street. Follow signs. Call Linda McLennan** 623-6000 I WÊBmrit , • '•xKjAtf» < « y-x it.Xxv ; ïiïiiiriü3r^ ATTENTION BUSY EXECUTIVES Entertain elegantly In approx. 2800 sq. ft. pf custom custom country splendor. Main floor boasts formal dining dining room, large kitchen and separate eating area, family room and solarium. Make the first step to better living. Call James or Ellen Bush. THINKING OF BUYING OR SELLING? Don't beat around the Bush. Call James and Ellen Bush COMMERCIAL ZONING- 1/3 ACRE Lot in Orono with older building used for storage. Asking $64,900. with ven dor financing available. JUST LISTED A good place to start or your first investment property. 3 bedroom semi with large kitchen - close to schools, shopping and bus. With 5% down carries for $399.00 - not bad for a brick home with forced air gas furnace. Asking $59,900. COURTICEAREA Great 4 bedroom family home. Presently vacant, approx. 2400 sq. ft. * Double garage,. 4 bathrooms, plus large || principal rooms. Reduced to $183,900. I ' To view these properties, call Doug Humphrey**, Broker, 623-6000 Member of Remax Hall of Fame