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The Barrie Examiner Saturday ALril 10 197615 IN YOUR FUTRE umqumg ZXQQIQQQ CLOSING COSTS ARE CASH COSTS By the time you have reached the completion stage in home purchase you have already worked out the difference between the mortgaging and the purchase price and have your required cash down payment Anything else You bet Closing costs These expenses are one of the most overlooked and also one of the most unex pected features of home buying First there are the vendors adjustments This is simply paying back the vendor for such things he has already paid for the period of time you will own the house real estate taxes insurance water rates oil in the fuel tank etc Second there are mortgage costs if you are arranging new mortgage Appraisal fee mortgage fee interest adjustment legal lees Sometimes these will be added onto the amount of the mort gage sometimes they are deducted Ask at the be ginning because if they are to be deducted you will have to make them up in cash Thirdly legal fees and disbursements which include your lawyers service and expenses for reg istration fees transfer fee or taxes title search etc Closing costs are cash costs On an average house purchase they could run up to $1000 Be prepared so you wont be surprised Published in the interest of the community by your local Flea Estate Board in co operation wrth the Canadian Real Estate rwultrm Assocration own FIRST COME FIRST SERVED NO PRICE NO DOWN PAYMENT uqbtg expetwmuze HOW TO FIND THE RIGHT HOUSE Finding that right house for you starts in your present living room Begin by examining your life style your particular needs your special wants and start note book of what you want in your perfect house Sort out your financial ability to own that right house Be realistic in how much you can spend on monthly payment Check with mortgage lenders to find out how much they would consider as your maximum mortgage Now with the design sorted out and the dollars sorted out drive through the areas you wish to live in Find out the prices Can you afford it Where else can you find that style of house Check the daily papers talk to real estate agents and keep track of it in your note book It can take couple of months to learn the market in your area or the one you are considering By being prepared you Will be able to recognize the right house for you when it comes along When you know what you want what you can afford you can clearly explain it to someone else to help you search and find the right house faster Published in the interest of the community by your local Real Estate Board in co operation With the Canadian Real Estate Roulan Assocmtion ANNE GARDENS Km HOME STREET L4 GEORGINA ADELAIDE STREET PARK YOU MAKE YOUR OWN OFFER 400 Hwy Wm YOU OFFER YOUR OWN DOWN PAYMENT BUILDER ON SITE TO ACCEPT ANY REASONABLE OFFER POSSESSION 30 DAYS OR AS LAIE AS JULY 30 I976 FOLLOW THE SIGNS IO GEORGINAGARDENS GO COMMUTER SERVICE ONE LOW CMHC Central Mortgage and Housing Corporation MORTGAGE AVAILABLE