Ontario Community Newspapers

Port Perry Star, 17 Feb 1998, p. 14

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

GC! CARPET BARN | FOR ALL YOUR FLOORING NEEDS for Free Estimate Call 852-9215 Sheila Buffan 155 Main St. Uxbridge URANJO ONTRACTING| "Building today ~ your dreams for tomorrow" ---- * Additions * Rehovations e Bathrooms * Basements * Decks -O-- John Van Belle - Port Perry (905) 985-7287 HELPFUL HINTS FOR YOUR HOME Buying A Home? - Using RRSP Money May Not Be Your Best Option By Brian Costello Think twice before deciding to jump into your RRSP pool to help you finance your home purchase. That includes using money under the RRSP Home Buyers Plan. This program, launched in 1992, enables * Individuals to borrow up to - $20,000 from their RRSPs to put towards their new home. So can their spouses. This money can be used as part of your down payment but under rules introduced by CMHC last December, at least 5 percent must come from your own resources. To qualify, you must not have owned or shared in the ownership of a home that was your principal residence within the past five years. This"loan* from your RRSP must be paid back over a 15-year period. Any missed payments will be considered an RRSP withdrawal and also taxed at your current marginal rates. There is also an opportunity cost If, for example, you had not taken that money out of your RRSP and ~~ allowed it to grow tax free at 10° percent a year, it would have been 'worth $101,089, Give some thought to what it's * really costing you before taking the final step. Brian Costello is heard daily over 180- radio stations across Canada, including most major market areas. * Local & Long Distance Moving SCUGOG MOVING & STORAGE INC. Piano & Office Moving Palletized Heated Warehouse 'Free' Wardrobe Service 5% SENIORS DISCOUNT Office 1-800-563-5961 Office (905) 985-3761 Res. (905) 985-7288 AY Ontario Land Surveyors HELMUT F. GRANDER, oi RALPH F, GRANDER, ov ANDRE B. GRANDER 1575 Hwy. 7A, W. Unit 2A P.O. Box 6l6, Port Perry, Ont. Tel: (905) 985-3600 Fax: (905) 9852347 Res: (905) 852-7800 Satellite Systems EXPRESSVU Sales, Service and Installation * 18° - 10ft. Dishes * Towers, Antennas * Toshiba & Sharp TVs & VCRs 4 miles S. of Sunderland on Hwy. 12 at 2nd Line (705) 357-2575 1-800-275-9589 Lifestyle Real Estate Limited Jalal [alel=To Talo Tal \Vil Tani oToTd FTO Cel 8 126 Water St. Port Perry el) 985- GROUP wen ORES Ln 30 Estate Board Members with Full Aches to Your Real Es! all cliar net) ill diamond 24 hr. y ina MOST OF OUR LISTINGS ARE SOLD - IF YOU ARE THINKING OF MAKING A MOVE - 985-4300 OFFICE PEACEFUL PRIVACY! Picture perfect setting! Custom raised brick bungalow on private treed 10 acres on Scugog Island. Spacious principal rooms, master wiensuite, huge rec. room with FP! Won't last - call us today $189,900. ROBERT & CAROLYN HALL JUST LISTED! Great starter opportunity! Triple overlooking Lake Scugog with lake access! Small home plus detached triple car garage! $89,900. ROBERT & CAROLYN HALL CALL US lot BUSINESS! ROBERT & CAROLYN HALL WE WANT YOUR OLD FASHIONED CHARM! Gracious blend of old & new - century home on 1/2 + acre country lot - priced to sell at $204,900. ROBERT & CAROLYN HALL 985-7718 RESIDENCE PORT PERRY PRESTIGE! Top quality living in this custom-built, 2,300 sq. fi. w/3 bdmns., 3 baths, multiple walk-in dosets, 4-pc. ensuite in large master bdm., open concept floor plan - ideal home for ~ entertaining! Plus walk to all amenities. 5 BEDROOMS ON HUGE LOT! _ This great home has large country kit. with w/o to yard, overlooks liv, rm, & sunken family rm. wigas FP, 2 baths, entrance from gar. to house & more! $169,900. To view call ED MATEO > Lake WHAT A BUY! Backing onto golf course & overlooking this single family home includes 6 bdms., 3 baths, 3 kitchens, skylights, FP, dbl. det. gar., inground pool plus more! $139,900. EXCELLENT VALUE! All brick bung. on Ig. lot backing onto fields & overlooking lake! Includes new windows & roof, jacuzzi tub, fin. bsmt. & much more! $129,900. Call ED MATEO WATERFRONT LIVING! Is easy here! Minutes from Port Perry and the Blue Heron casino! Beautifully finished with 3BRs, 2 baths, full w/o basement, living room with w/o to grand deck overlook g Lake! WHEN RESULTS COUNT, CALL YOUR #1 TEAM - ROBERT & CAROLYN HALL VENDOR TRANSFERRED TRY AN OFFER Edge of Port Perry, set on lg. & lovely country lot, custom built, one of a kind home featuring a huge kit. wisland, custom cabinets & w/o to deck, sunken liv. m. whardwood, gas F.P. $248,000. AFFORDABLE! 2+2BR brick bung. for your growing family. 2 level deck, fully fenced yard, builtin oven, range & dishwasher, sliding glass w/o from LR & rec. m., CA, VC, newer windows & roof. DEBRA-ANN TAYLOR JUST LISTED POWER OF SALE Ideal older converted cottage for permanent living. Access to sand beach + beautiful westerly sunsets! All appliances & funiture included. Only $42,900! FIRST TIME OFFERED! immaculate & beautifully decorated 4BR century home in Seagrave. Country kit, MFL, newer high efi. of fumace, new windows (except ki. sider), heated gar. & 24' round AG pool wideck. Ful frees & young evergreen. DEBRA-ANN TAYLOR

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