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rage 12 The Canadian Statesman, Bowmanville, Wednesday, April 14, 1999 ^ 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. v Pleasephone623-3303andaskfor-thcRealEstatcSalc^De£aHmen^y Volunteers Moke Quilts for Emergency Vehicles The Ckirington Project's Day Activity Centre recently donated seven handmade quilts to the local fire and police departments to be used when they assist community members during emergencies. emergencies. Material for the project was donated by Carole Gould. With some help from volunteers, three adults who have a developmental disability and attend the day activity centre worked for three months to make the quilts. On hand for the presentation were: (back, 1 to r) Richard Day, Ted Ruitcr and Randy Reinert from the Clarington Fire Department; volunteer Naomi Carey; Carole Gould; Inspector Ross Smith from Durham Regional Police Services and (front 1 to r) volunteer volunteer Jean Brownlee and quilters Claire Brownlee and Lori Cook. Absent from photo is Lisa Burnett. Stronger Demand For Pricier Homes Analysis of 1998 Canadian housing construction construction shows a relative relative shift in consumer demand toward more expensive homes, according to the latest issue of Canadian Housing Markets from Canada Mortgage and Housing Corporation (CMHC). "Despite a slight decline in national housing starts and diverging trends in major centres, data clearly indicate that more single-detached buyers chose a pricier unit," said Joel Slarkes, Economist with CMHC's Market Analysis Centre. "This new trend was especially especially noticeable in Halifax, Montreal and Calgary. The revival of move-up buying, after the dominance of first- time buyers last year, is one explanation for these results. CMHC's Rental Market Survey shows a similar upscale move in the rental segment. With a fall in vacancy rates, the average rents moved upward. "As with housing construction, construction, this shift is particularly particularly strong in Toronto, Calgary and Halifax. These conclusions conclusions are encouraging for rental units owners and renter- oriented marketers," marketers," said Louis T r o 11 i e r, Economist at the Market Analysis Centre. "This group however, may be concerned that these market conditions will entice many high-end renters toward home ownership." Another article features features results from CMHC's recent survey: survey: Consumer Intentions to Buy or Renovate a Home: A look at tomorrow's consumers today. Potential buyers in main centres reveal factors that prevented them from purchasing a home over the past six months. Most common common reasons were a change in financial or job situation, unaffordable unaffordable prices, or personal reasons. Oshawa YWCA Annual Meeting Highlights Zimbabwe Project "Building a Community in Zimbabwe, Africa" will be the topic of guest speaker Jill Rumble, Chief Executive Officer for the Hamilton YWCA, at the Oshawa YWCA Annual Membership Meeting on Tuesday, April 20 at 11:30 a.m. The meeting will be held at 33 McGrigor St. Oshawa. Ms. Rumble will speak on the Hamilton YWCA's leadership role in helping establish the Chiveso Preschool Project, a much needed community center and child care facility in Realty Shirmax 214 King St E., Bowmanville DO YOU KNOW WHAT YOUR PROPERTY IS WORTH? Call me now for a Market Evaluation without cost,or obligation. 623-4445 or Res. (905) 786-2911 WILMA ENTWISLE Sales Rep. Mmmm. Patio Sets Starting at $ 599°° Comfort ibljoppe _ _ Elite 505 Spa if. >, f j I • 26 Jels • 4.2 hp pump 1 htyihV • Best spa value ONLY $ 4699 00 Preseason A/C ninanM Book Now LENNOX' to receive your Starting only BONUS Choose any two O.A.C. 00 * NO GST * FREE Winter Cover * FREE Digital Thermostat Cite Comfort Sdjope Hydropool spas tENNQX 160 Baseline RdfE. Mem, Tu«s. « T/Wid. lo Fri. 8 - S imm Bowmimvi || e 905-623-2956 S.t. 10-4; Sun. 11-4 dynamic realty inc. 129 King St. E., Bowmanville (905) 697-1700 24 HOUR INFO ... FREE IMMEDIATELY • ANYWHERE «VOICE OR FAX DIAL 1-800-288-8897 and Enter Ext. Number for Immediate Details Janice Parish Sales Rep. EXT. 2231 Super Semi In grant Bowmanville location. Single car garago, gas hoot, 3 bedrooms, loncod yard. Llslod nt $121,900. Call Janice for more Info. EXT. 2232 Excellant Bungalow In Bowmanville Hospital Aroa. Hugo icilllon, now wind- 5 MONTHS FREE NO PRINCIPAL NO INTEREST NO KIDDING Don Van Alstyne Sales Rep. EXT. 2240 Rarely Offered Immaculate 4 bedroom homo with greenhouse kitchen and walkout to huge yard In preferred preferred aroa. $218,800. Call Don for Info. lot, movo-ln conci ows, gas heal, Llslod nt $135,000. Call Janice for more Info. EXT. 2233 Tliruo Bedroom Bungalow In Orono. Shows lo porfoctlon, contrai contrai air, central vac, socially system, system, Llslod at $154,900. Call Janice for more Info. EXT. 2241 1st Timer - Updated 4 bod- room homo. Walking distance distance to park and shops. Separate workshop Insulated with hydro. Groat valuo at $114,900. Call Don for Info. tton Sutton Mortgage fSt 5 MONTHS FREE • NO INTEREST NO PRINCIPAL • NO KIDDING!! Zimbabwe, Africa. She will also highlight the significant significant social impact that the YWCA has made through its work as an international association, dedicated dedicated to improving the lifestyle and social status of women and children children worldwide. The Chiveso facility was built in 1996 through the cooperation of YWCAs in Canada and Africa and many other Canadian organizations. organizations. Today, the facility houses the Chiveso community's community's preschool and child care program and also provides . programs for adults to increase their literacy literacy skills and assists women in developing skills in becoming economically economically independent. Home Sales Up 10 ASHDALE CUES., BOWMANVILLE This two-storey family home features lour bedrooms, finished rec room, wood burning fireplace* central air conditioning, walk-out from kitchen to wrap-around deck, fully fenced yard. Close to Mall and 401. $152,900. royal lepage Broker Independently Owned and Operated FRANK REAL ESTATE 234 King Street East, Bowmanville Telephone 623-3393 Toronto Line 686-1035 53.5 ACRES ORONO $119,900. Just listed. Wooded rolling rolling land touching the Ganaraska Forest. The perfect spot to build your dream home. Charlie Reid* 623-3393 or 983-5914. 4 BEDROOM, 2 STOREY BOWMANVILLE Great family home, eat-in kitchen with walkout to 2 tier deck, separate separate dining room and living room, 4 pc., 2 pc. baths, finished basement, basement, 1 1/2 car garage, huge lot. Just listed at 5161,900. Charlie Reid* 623-3393 or 983-5914. 36 ACRE - HORSE FARM $239,900. Gorgeous 3 bedroom Century home, formal dining room and living living room, hardwood floors, 2 stall barn, 30 x 50 run in plus 5000 sq. It. steel barn, 3 paddocks, pond and stream. Just listed. Charlie Reid* 623-3393 or 983-5914. CORNER LOT - SEMI 3 bedroom beauty on big lot. Large living and dining room. Eat- in kitchen. Master bedroom has walk-in closet. Office in basement finished. Won't last at $128,700. Call John Fowler* 623-3393 or 623-7928. I 52 King St. West . Bowmanville.. PETER KOWAL Real Estate Limited Broker SERVI ST, BOW MANVILLE AND AREA SINCE 1955 an Phone: (905) 623-2453 Fax: (905) 623-0136 zo in March The Durham Region Real Estate Board reported 733 sales of singlefamily singlefamily dwellings in Durham Region in March. This represents an increase of 22 percent from the 600 recorded in February of this year and up 8 percent from sales recorded in March of 1998. President, Lucien Lambier remarked, "We are definitely involved in a sellers market as a result of our low inventory". "On average, a home is on the market for 40 days with a list to sale price ratio being 97%." The Board recorded 1800 active listings in March up 11 percent percent from 1621 in February but down 8 percent from the 1949 listings on the system in Mardi 1998. The average selling price increased slightly to $165,255 from $163,424 recorded in February 1999 and tip 2,2 percent percent from $161,556 in March of 1998. President Lambier added, "The low level of inventory is likely likely lo continue to force upward pressure on home prices in the near future." ATTENTION COMMUTERS: Country living just seconds from 401 Hwy. 1.9 ACRES with attractive 3 + 1 bedroom home PLUS double attached garage and separate steel 2 bay workshop. Ideal for growing family - municipal water and natural gas. Workshop has cement floor - 2 bays - furnace - lots of parking. $249,000. For Appt. call Sales Rep. John Bate 905-623-2453 Bus. or 905-697-1619 Res. SPACIOUS 3 BEDROOM Semi-detached home available for quick closing. Open concept living and dining room combined combined - kitchen and hall have ceramic floors, main floor washroom, washroom, fenced yard - great lor young family. JUST $120,900. Call Sales Rep. Doreen Tillson for info. 905-623-2453 Bus. or 905-623-7803 Res. BUILDING LOT: Almost one acre lot on Hwy. 2 east of Newcastle. Drilled well. Terms available. $57,900. RICE LAKE: Building Lois on Rack Island - Hydro, mainland docking. $31,900. BUILDING LOT ON LANGSTAFF ROAD North of County Road 9. 6 Acres $44,900. Call Assoc. Br. Bill Turansky for info. 905-623-2453 Bus. or 905-983-5420 Res. Royal LePage - Frank Report BINDING CONTRACTS NOT EASILY BROKEN Some buyers believe a binding contract with a vendor' can be broken by the purchaser merely refusing to close the transaction and giving up or losing the deposit. This is simply not the case. An Agreement of Purchase and Sale of real property is a legal contract. Any breach of the contract by cither party will make the party that breached the contract liable for all forsecablc damages of the other. In the case of defaulting purchasers, they will be made liable for all damages suffered by the vendor, both direct and indirect. Direct damages are the most visible. These may include: • Any reduction in the original purchase price necessary to effect a sale following the default. This could be substantial in a market where prices have not yet fully stabilized. • Any additional expenses incurred on the subsequent sale including such items as additional real estate commission or additional legal fees. ' . • The loss of interest income incurred by the vendor as a result of not receiving the original purchase price on the date expected. Indirect damages, although less visible may also be incurred by the innocent party and may also be collectible from the defaulting party. These may include: • The cost of arranging and carrying financing required to complete a subsequent transaction, such as the purchase of a new home. • The cost of extending and carrying beyond the scheduled closing date, existing financing on the property that was to have been sold. • Any profits thrown away and not made as a result of the defaulting purchaser not completing the original transaction as planned. Remember that every situation is different and if you have any • concern about your rights in a particular situation, a lawyer should be consulted. For more information, call today ! royal lepage ■■■iiiiiiiiiiiiiiiiiiiiii FRANK REAL ESTATE Independently Owned and Operated, Broker Customer Service Guaranteed Compétitive Rates Guaranteed Bus: (905! Fax: (905 Res: (905 623-3393 Tor: (905 686-1035 623-9574 623-7928 John Fowler Sales Representative 234 King Street East Bowmanville, Ontario L1C 1P5 ® 104 King St. E, Bowmanville cornerstone realty ltd., realtor 623-6000 ALMOST NEW! $139,900. Ron Moore* Sales Rep. Large 3 bedroom town home end unit in Aspen Springs subdivision in Bowmanville. This homo features gas heat, finished rec room with gas fireplace, walkout to fully fenced back yard. $139,900.This Is a must seel Call Ron to view 24 hr. pager 623-6000 WATERFRONT David Passant" Associate Broker 1 1/2 storey open concept, New gas stove, triple tiered lot to private beach, sunsets and sailboats! $129,900. $39,900. 132' x 247' building lot. $56,900. 2 Ion acres with maplewoods. $79,900. 1.84 acre parcel vacant land. $179,900, Immaculate backsplit, country sotting. $215,000. 2000* sq. It. custom on 1/4 aero For Confidential Market Appraisals, ask for David Passant", Associate Broker, (905) 623-6000. Call Linda COUNTRY LIVING CLOSE TO TOWN! McLennan" 4 bodroom raised bungalow (approx. 2,000 sq. Associate Broker 623-6000 It,) on ,4 acre loll Sunken living room with catlio- dral colling and stone fireplace. French doors to dining room will) hnrdwood. Roc. room with hardwood, hardwood, llroplnco, diy bar and walkout lo yard. $198,900. BEAUTIFULLY LANDSCAPED Sot on a 66x151 II, lot surrounded by matured trees, shrubs and hedges will) a lllllo stream crossing tho properly Is this oxqulslto Ihroo bedroom custom built back-split homo finished to perfection and oxudlng quality throughout. Sot your appointaient with Marg to soo this lovoly homo listed nt $179,900. Marg Bain* Sales Rep, Call for details nt (905) 623-6000