k3 Irdpnde.11I O...d a.d Operated . i * 11el! is nl o Carole D. Budworth m. ___________ Sales Reprementative e65.864.9242 it w-v~.caroledbudw«>rt:h.cogn HOT OFF THE PRESS minutes of town wlt a front view of Rattiemnake Point and a mear view of Mount SohIdly bulit brik custom bungalow wlth oversized double car garage, worksliop and parking for 10 plus j0cars. A rare find and a rare pi'operty. Prlced ta sali at 799,900.00. Cali today foôr furthe defails. ___ HOT OFF THE PRESS Fau=u half puicr o inaMuloka likesfin located betweeri Milton and Rockwood close ta ail commuting. Brick bungalow, rnem, 2 ___ ___ _ba hasunoo additon. Oversized double our garage wfh inside entry, lndrivewa wlth ampe parking. Don't miss out on this one - prlced tas1 quicl at $479000. Cai Carole for furthe dotails or to view at 905-864-9242. HOT OFF THE PRESS Fabulous cetr house one block off the Main Srett walk to ail amenities. Numerous upgrades ofgetroom and master bedroam =dWnwa around trn porch, rear tietied do -idos roof sidng, distressed hickory floors, new bats, 52 pot lights, u=rao plumbing and wing. Take yorefback ta eteya but wifh ail the mod. consm loef schools and park. Prlced to sal at $699000 Ca Cale or oredetls or for a private showin-g. Save by choosing a shorter amortîzation Canada continues to expenience a remarkable penod with interest rates touching histonc lows. Contmnually examinlng ways to reduce overail housing costs is always prudent, say specialists mn this field. One excellent way of accomplishing this is ta, make sure your maximum mortgage amortization is 25 years instead of 30. Cuttîng your amortiztion even by just five years can Sig- nificantly reduce the amount of interest paid over the ife of a mottgage. For example, according ta, BMO Bank of Montreal, on a $400,000 mortgage at a 5 per cent interest rate, moving from a 30 year ta, a 25 year amortization can save upwards of $70,000 ini interest. This will help you build equy in your home sooner and ultimately give you the opportunity ta put these savings towards other long terni goals, such as reûrement. No matter wbat your mortgage amortization might be, you should also be sure ta stress-test your mortgage pay- ments. Use a martgage payment based on a higher rate ta stress-test your budget; this way, you will have peace af mind knowmng that yau can afford a sudden increase mn interest rates. Also, ensuring your total housing costs, including mortgage paymnents, property taxes, heating costs, etc. do not consume more than ane-third of household incarne provides a good mile of thumb for ongaing afford- ability Advisors also remmnd us ta, enlist help from a financial prafessional. With the right advice they say, you wiIl be able ta get the mortgage that's right for yau. wwnewscanadiom www.meadowtowne.com .905-878-8101 475 MAIN ST. E., MILTON charmlng çentury 4 bedroom home anld work shap on just under a haif acre in Campbellvlle C4 zonlng allows for some commercial uses. Both house and shop have natral gUn heatng. Shop hlsulated whth hydro and ln griot ahape. ~~~P~rec for work, hobbylst or refla Income. Real Estate Agents Can Save Buyers Money Record-low interest rates and record-low housing prices are renewing interest in the floundering housing market for many people. Now could be the time ta seil and buy a new home and earn an even bigger slice of the real estate pie. Whether an individual is a buyer or a seller, or doing bath, his or her goal is ta get the best financial. deal an the home -- and often that means having a qualified real estate agent warking in his or her corner. Those entering the real estate realm may have miscon- ceptions about whats involved. Oftentimes, individuals think they can go it alone and save money an real estate commissions in the pracess. However, nat having a knowledgeable agent ta navigate the process can end up costing more money in the long run. An agent is not there just ta open up houses for viewing or ta simply put a for- sale sign on the front lawn. Agents guide the seller or buyer through a complicated process of legalities and emotianal hurdies. The agent also negotiates for the buyer and seller ta help them make important fînancial deci- sians. "When 'sellers. are interviewing real estate agents ta market their homes, their primary focus is usually on the advertising that the agent will offer them," says Jessica Goodbody o! Weichert Realtors. "Advertising is impor- tant, but, once sellers have an offer, they need a strong negotiator ta, help them get the best price and terms. Buyers should also look for agents who have strong nego- tiating skills and neighbarhoad knowledge which will help them make the most of their purchasing power." Individuals can expect a real estate agent ta help themn navigate a process that, ta first-time buyers or sellers, can prove intimidating. Buying a Home 1. Schedule a consultation ta discuss what features and amenities buyer is looking for in a home. 2. The agent may suggest buyers speak with a mortgage consultant ta figure aut their buying power and obtain a mortgage pre-approval letter. 3. The agent wîll then look up home listings in a par- ticular price range and help the buyers ta view the homes. 4. When buyers find a home they want to purchase, the real estate agent will help them corne up with a fair market price and write up the contract ta present ta the seller. 5. The agent will help the buyer negotiate an the final price with the seller. 6. In some states, the agent will accept a down paymenh to place in trust or work with a real estate attorney on behaîf of the buyer. 7. The agent may be present during a home inspection, which is recommended. 8. The agent will then schedule the home appraisal. 9. He or she will then confirm the closing and be pres- ent at closing with the buyer and the attorney, if necessary wwwnewscanada. com