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Dreams of making your final mortgage payment From Page 2 the amount of money you pay in the long term, because interest would then be calculated on the lower amount of principal. As the interest component of your regular payments is reduced, more goes towards paying down the principal, resulting in a faster payback period. However, it you're in a situation where you know your income is going to be stagnant for some time, then you may want to choose a normal amortiza- tion period. That way, if you can accumulate some extra capital in later years, you can make a lump sum pay- ment -- provided that your mortgage has prepayment privileges. Some people would find it very difficult to accom- modate regular weekly or biweekly payments because they just don't have the availability of funds to make these frequent payments comfortably. But making the equivalent of even one extra mortgage payment per year can save you a considerable amount in the long term. Your Realtor or a reputable mortgage com- PORT PERRY PLAZA (416) 985-9777 FAX 985-9161 Member Oshawa & District Real Estate Board Member Lindsay & District Real Estate Board -- and -- All Points Relocation A referral network of Independent Brokers Across Canada and the United States OPEN HOUSE - SUNDAY, NOV. 11 - 1-4 p.m. Your host: Chuck Willes. 239 Perry St., Port Perry. Quality older 4 bedroom home. Eat-in kitchen, formal dining room, French doors, walkout deck to pool, oak trim and floors, large mature lot, view of lake. Thijs home must be seen inside for appreciation! Check this price for value - $284,900. Directions: North of Queen St. and east of Lilla St. , APPLE VALLEY, PORT PERRY. New 2500 sq. ft. design built home by Pardo Estates. Spiral oak stair- case, large oak kitchen, main floor laundry & fami- ly room with brick fireplace, walkout to large deck, master ensuite. This home must be seen for apprecia- tion! Now reduced to $245,000. hE. to view! LITTLE BRITAIN. Cozy 3 bedroom bungalow featur- ing pine sunroom and L-shaped finished rec room with airtight setting. A must to see! Don't miss this reduced price of $139,900! Call now for appointment SHANLEY ST., PORT PERRY. Good 3 bedroom older home with large living room, separate dining area, walkout from kitchen to deck and main floor laundry. Mature lot 66 x 165.' $184,500. Come and view this fine home! garage/workshop. CHUCK WILLES JOHN TAIT JUDY DEKONING CLIFF CROWELL BILL RAE YVONNE BURNETT Lot ideal for separate . 985-7032 Res. 986-0911 . 985-8630 . 985-9183 ALLAN BERTRAND (HANK) ... Res. 985-3680 . 985-7871 Res. (705) 786-2185 LOOK - 3 plus 1 bedroom home located in Pleasant Point Estates. Many features include view across lake, new furnace, new windows, deck, fenced backyard and 1 car garage. Priced to current market at $154,900. Call now. CASTLE HARBOUR, PORT PERRY. New 4 bedroom Georgian styled home with super kitchen, walkout to porch, main floor laundry, family room with brick fireplace and large master bedroom en- suite. Over 12 acres with view of lake. $299,500. Please call 985-9777. You won't find more value for your money. WATERFRONT HOME - SCUGOG ISLAND. 2 bedrooms, large living room, eat-in kitchen, full basement partially finished, extra large garage/workshop. Lovely treed area. Listed at $159,000. BLACKSTOCK EAST. INVESTMENT PLUS ROOM TO GROW. HOBBIEST DELIGHT! 5 bedroom bungalow, large eat-in kitchen, master ensuite, main floor family room and laundry room, fireplace, full finished basement. Barn and shed on 11 acres. Must be seen! Now reduced to $289,900. BLOSSOM COURT, PORT PERRY. 3 plus 1 bedroom semi with eat-in kitchen, finished rec room and fenced yard. Asking $149,900. PORT PERRY - INDUSTRIAL/COMMERCIAL. 6 units, 12 acres with good highway exposure. Ven- dor financing available. Asking $339,000. Good poten- tial for expansion. LITTLE BRITAIN. Good 1 acre treed building lot. $49,900. ALMA ST. - Corner building lot in town, serviced with town water, close to all schools on quiet street, all permits available. Will build to suit if desired! $120,000. pany -- a bank, trust com- pany or mortgage broker firm -- should be able to ad- vise you about all of these possibilities and try to tailor a mortgage to your par- ticular income flow and your needs. Flexibility When arranging a mor- tgage, it's important to look for flexibility. Shop around and establish terms that are going to be comfortable for you and make sure your mortgage allows you to make an optional principal payment once a year on the mortgage anniversary date. The ceiling on these prepayment privileges can vary, but most are bet- ween 10 and 15 percent. In many cases, you will have to pay a penalty for these privileges, but you gain Home child safety From Page 3 You should also keep all hazardous substances (such as solvents and herbicides) in their original containers in a secure place. Many young children have been poisoned by drinking substances stored in old pop bottles or food jars. Keep your cupboards and cabinets locked with latches and make sure other poten- flexibility. It's also important to make sure you have a clear understanding of what your payment obliga- tions are. Your real estate profes- sional is well equipped to let you know about various mortgage options and the types of payment plans available from local len- ding institutions. Real Estate practi- tioners are aware of their clients' and customers' needs and are very capable of giving sound assistance and direction, to help them get the best possible terms. This article is provided by local Realtors and the Ontario Real Estate Association (OREA) for the benefit of consumers in the real estate market. tially dangerous materials like bleach, drain cleaner, detergents, cleansers, pesticides and any medicine are kept well out of reach, in a secured cabinet. You should also take the time to educate your children and explain why certain items around the house are dangerous. Their understanding and co- operation will give you a great deal of peace of mind. DA. 985-80 N/a Real Estate Limited, Realtor 41 - 139 QUEEN ST., UNIT 2, PORT PERRY SCUGOG ISLAND - OVERLOOKING LAKE SCUGOG - Spacious brick bungalow, eat-in Acorn kit- chen, living room with open Tennessee marble fireplace with heatalators. Separate dining room with walkout to solarium. Two triple walkouts overlooking the lake. Family room with woodstove in attractive brick setting. 2 car attached garage with entry to basement. Office, master bedroom with 3 pc. ensuite. Well landscaped. Lake access across the road. A must to see. Call today for an appointment and compare! HANDYMAN"S SPECIAL - Brick 2 storey, 175' x 200' lot and lots of renovations needed. Call today. BEAT THE G.S.T. on this new brick bungalow. Full basement with finished rec. room, dining room with walkout, beautiful oak kitchen. Choice of broadloom now. l.ake access and community water. Owner says bring an offer and see what happens. $59,000. BLDG. LOTS - 75' x 200' in built up areas. Listed at BLDG. LOTS - Five new lots in north Nestleton. Ap- prox. 98° x 321" with drilled wells. Listed at $89,000. with possible terms. NEW HOMES - 2 acre lot with lake access. 3 large bedrooms, master with 2 pc. ensuite. Dining room, oak kitchen, rec. room finished, garage. All things and more at the low price of $169,000. See it today! FOR FURTHER INFORMATION ON THESE PROPERTIES CALL: Marj Tripp 985-8041 or Res. 985-7606 4