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12 The Canadian Statesman, Bowmanvillc, Wednesday, November 23,1994 Real Estate Deadlines and Policies Deadline for Wednesday Publication is Monday at 12:00 Noon. Any compensation for errors or omissions by The Canadian Statesman will be limited to the value of the space occupied by the error in the advertisement. ^ Please phone 623-3303 and ask for the Real Estate Sales Department y Education Makes Ontario Realtors Among Highest Qualified Anywhere Popular Parrot Amuses Visitors to Bowmanville Mall MW Being a Realtor is a demanding occupation. It requires a great deal of flexibility, motivation and dedication. And, most importantly, it demands a high degree of education. In fact, thanks to high educational standards, registered salespeople and brokers in Ontario are among the most highly qualified anywhere in the world. If you're seriously thinking about becoming a real estate practitioner, you should know that you'll have to take a series of educational courses. The first group of courses consists of three phases, known as "Real Estate as a Professional Career." The first phase is a two-month correspondence course, which will give you a general overview of the benefits and limitations of a real estate estate career. It also covers the requirements requirements for registration as a salesperson salesperson as well as the mathematical skills necessary to handle typical transactions. transactions. Phase one is offered directly by the Ontario Real Estate Association; all other courses are also offered by 21 community colleges across the province. Phase two consists of a 60-hour Prepare Children to Survive With a Fire Safety Checklist Ontario, November 1, 1994 - Parents Parents should teach their children to escape escape a house fire, says First Alert, the nation's leading supplier of home safety and security products. "Many adults mistakenly believe that in a fire children will run or call for a parent," says Jim Hind, general manager of BRK Brands Canada, makers of First Alert products. "Young children often hide under beds or in closets thinking they are. safe, while older children think they can control the fire." More than 70 per cent of children who die in home fires are under age five, according to the Ontario Fire Marshal's Office. In 1991, 231 children children in Canada were either injured or killed by fire. "To help prevent these needless tragedies from occuning, we have put together a list of tips," added Hind. First Alert recommends that parents parents and caregivers prepare children to increase their chances of surviving a residential fire by following these helpful fire safety tips: First Alert's Child Safety Tips 1. Have a working smoke alarm' on every level of your home and in every sleeping room. Test each smoke alarm monthly. Change the batteries at least once per year and never remove them except when changing. 2. Teach your child what the Marginal Housing Increase Expected Marginal gains in new housing construction of 1,300 units nationally, nationally, for an annual total of 156,000 units, are forecast for 1995 according to Canada Mortgage and Housing Corporation's fourth quarter National Housing Outlook released today. For 1994, housing stats should reach 155.300 units, almost the same as last year's total of 155,443. "The key economic trends look good - consumer spending, business investment and international trade are all pointing higher for next year," said Gilles Proulx, CMHC's Chief Economist. "The housing sector however, however, will continue to feel the effects of higher mortgage rates and large surpluses of multiple housing until the early part of next year," he added. "Housing markets will show only moderate growth because first-time buyers and movc-up buyers will reenter reenter the market gradually in 1995," explained Proulx. "The second half of the year will be stronger as interest rates recede from their current high levels. Construction of single-detached units is expected to rise three per cent to 94,000 units in 1995, up from 91.300 units this year. Lower demand by first-lime buyers will have an impact impact because they have been the dominant dominant force in the market. The rental market is expected to offer limited opportunities because of high vacancy vacancy rates in most urban centres. Resale Market and House Prices Due to lower demand from first- time buyers, existing home sales arc expected to reach 303,500 units next year, a level similar to this year's and 1993. The average price of existing homes is forecast to rise slightly from $158,000 to $159,600 next year. Provincial Outlooks The regional balance of housing market activity will vary because of different supply conditions across the country. Manitoba and Saskatchewan will sec the strongest new home markets next year with starts in both provinces provinces forecast to be up 15 per cent. Ontario Ontario and Quebec will see modest increases increases in new home construction with job recovery boosting demand, In the Atlantic region, only New Brunswick will experience a slight increase in new construction next year. The existing home market will lie more active in Nova Scotia and Newfoundland In the three most western provinces, provinces, construction of new units will level level off. In British Columbia the level of apartment condominium units under under construction will decline next year, given the strong supply of unsold unsold inventory. In Alberta, a largo surplus of new and existing homes will dampen activity next year. smoke alarm sounds like and what to do when it goes off. Plan two escape routes out of the home and practice fire drills with the children until they can escape the home from every room, especially bedrooms. 3. If children are too young to escape escape on their own, designate family members to be responsible for them. This is also a good plan to follow for disabled or infirm family members. 4. Since most residential fire deaths occur between 10 p.m. and 6 a.m., practice fire drills at night. Teach children that fire and smoke are black, and they won't be able to see; try practicing a fire drill at night with all of the lights out. 5. Explain that in a fire it is extremely extremely dangerous to stand up because because of the toxic smoke and intense, heat. Teach children to crawl along the floor to safety. 6. Teach children to touch doors before opening them and to use an alternative alternative exit if the door is hot. If they exit through the door, teach them to close it after them: this could help save other family members. classroom course which will introduce introduce you to the technical aspects of real estate practice such as the federal and provincial statutes that impact the real estate profession. Phase three is a little longer in duration duration - consisting of 90 classroom hours. It is essentially a workshop where you will leant the practical aspects aspects of real estate transactions. You'll gain first-hand experience in exercises such as evaluating properties, properties, qualifying purchasers and preparing preparing the offer. After successfully completing these phases, you'll have up to a year to apply for registration as a salesperson. salesperson. Certificate Program Once you receive probationary registration as a real estate salesperson, salesperson, you'll be required to complete two years of an apprenticeship - known as articling - with a real estate brokerage. During this first two years, you'll work under the guidance of a broker and be expected to successfully complete complete three more courses - known as articling courses. These arc each 40 hours in duration. The first, called Real Property Laws, is taught by practising lawyers and will assist you in gaining an understanding understanding of the many complex, common and statutory laws which may affect real estate transactions. The second, called Principles of Appraisal, will teach you how to accurately accurately appraise property and is designed designed to develop your ability to evaluate property for listing, marketing marketing and financing. The third, entitled Principles of Mortgage Financing, explores the legal, legal, mathematical and procedural aspects aspects of mortgage financing. Throughout all of these courses, you'll discover why accuracy and thoroughness are hallmarks of the real estate profession. Ron Vanduzen and his parrot, "Buddy," were amusing onlookers at the Bowmanvillc Mall recently. Buddy seemed to be enjoying removing Ron Vanduzen's hat with his beak. He also demonstrated his skill as a trapeze artist, swinging on a cloth strap attached to his cage. MM NATIONAL I WJ\> nr a i rcTATc ccnwirr REAL ESTATE SERVICE NRS EDVAN REALTY LTD. Del's Mortgage Watch Today's Best Rate for First Mortgages. 6 Months 7.000% 1 Year 7.750% 2 Year 8.750% 3 Year 9.125% 4 Year 9.250% 5 Year 9.400% 7 Year 10.000% 10 Year 10.250% 25 year 10.840% WE ALSO ARRANGE: • Second Mortgages • Credit Lines • Personal Loans It Rays to Compare - Call 697-3300 FINANCIAL LTD. | Division Street MORTGAGES Bowmanville DELCAN» LARGE FAMILY WANTED All brick 3 + 1 bedroom bungalow in quaint village of Newcastle. 1/4 acre lot. Finished basement, 2 rec rooms. DEAL OF THE MONTH With only $6,000 down, you can move into this 3 bedroom home. Lots of great features. Move-in condition. Don't hesitate. Call Janice Parish 987-4733. OPEN HOUSES - SUN., NOV. 27, 2 - 4 p.m. SUPER BUNGALOW 15 McNair St., Newcastle with an open concept, 3 + 1 bedrooms, great kitchen with large eating area, walkout to fenced yard, backs onto parkette. Main floor family room with fireplace. Master ensuite and walk-in closet. REDUCED TO $154,900! A BIG OPPORTUNITY 121 Orchard Heights, Newcastle wood floors, woodstove in rec room, tastefully landscaped, interlocking brick, etc. ASKING $134,900. Please call Murray Paterson or Glenda Bedard 987-4733. EXPANSIVE NOT EXPENSIVE AT $187,500. If you want spacious and an affordable affordable home in the country - we have ill 3,000 sq. ft., skylights, Jacuzzi, and oak trim on an acre. Call Dorothy Hartford, Broker 623-4445. WOW! $128,900. 2 storey family home, 39 x 185' fenced lot with garden shed and child's gym set. Eat-:n kitchen, dining and living room with walkout. Main floor laundry, 2 pc. powder room, master ensuite and walk-in closet. Gas heat and central air. Newcastle Village. Call Murray Paterson or Glenda Bedard 987-4733. 214 King Street E., Bowmanville Phone: (905)623-4445 85 King Street W., Newcastle Phone: (905) 987-4733 a Carol Hallman Salto Rtf $134,900 Ann Simpson Satis Rep. 4 Bedroom home with detached garage. 112 BEAVER STREET NORTH, NEWCASTLE Directions: Hwy. 2 East in Newcastle to Beaver St. N. Watch for Signs. GIVE YOURSELF A GIFT Buy a 3 bedroom Viceroy cottage on 75'x205' lot. Some furnishings and 16' Bowrider boat included. All for only $94,900. Call Ann Simpson on above properties. i$262,900 ll BURICETON BEAUTY! Almost 3000 sq.ft, sidesplit, large eat-in kitchen & living room, all set on treed 2 acre parcel. $174,900 L LESS THAN NEW! ' Over 2000 sq.ft, open concept kitchen & fam. rnt., 3 large lxlrms. w/loft or 4th bdrm. Shows Great! Sr 2i rL s.J and Mulder S.ilr. K«i*. On Maple Grove Road. 4 bedroom brick bungalow with large office or potential for in-law apt. in basement. ASKING $209,900. Call Bob or Janet for showings. juxixsts. twarraanç