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Advertising is accepted on the condition that, in the event of a typographical error, that portion of the advertising space occupied by the errongous item, together with a reasonable allowance for signature, will not be charged for, but the balance of the advertisement will be paid for at the applicable rate. The publisher reservas the right to categorize and reject advertising. In the event of typographical error, advertising goods or services at the wrong price, goods or services may not be sold. Advertising is merely an offer to sell and may be withdrawn at any time. Produced on behalf of the Oakville, Milton and District Real Estate Board. 4 level back split, 3 + 1 bedrooms "L" shaped rec. rm w/ sep. entrance. Near public/separate schools, transit BUD FARRIS* 3 bdrms., updated kit. bath, refinished living/dining tm floors, private fenced back yard, near lake. BUD FARRIS* 3 bdrm. semi, like new, River Oaks 44‘x150‘ lot, with w/o from kit., bsmt. rou‘hecHn for {/p, bath. BUD FARRIS* West Oakville, clean, bright, spacious, hardwood floors, refinished kit., 4 bdrms., fam. rm., central air BUD FARRIS* Walkouts from foyer, fam. rm. and master bdrm. to wrapâ€"around deck. Open concept kit., fam. rm. BUD FARRIS* $177,500 BEAUTIFUL CERAMICS $249,500 JUST OFF LAKESHORE $159,500 REAL NICE STARTER $539,000 GREAT BACK YARD Oakville Real Estate $179,900 MAKE IT YOURS! Publisher Director of Advertising Bob Glasbey Real Estate Manager Glynis Wilmotâ€"Martin Published by: The Oakville Beaver 467 Speers Rd. Oakville, Ont. IAN OLIVER 845â€"3824 Fax: 845â€"3085 ?ETER NATYSHAK* KELLY NATYSHAK* sales Representative _ Sales Representative Spacious 2 bdrm. den, 2 bath, sunken L/R, quiet bldg. 6 appliances included. Great investment, bring your offer MARY DUBIK* Spacious 4 bdrm. home in Glen Abbey. Backs onto ravine 14 Mile Creek. Vendor wants it sold. Try an offer. MARY DUBIK* Refinished hardwood firs. thruout. Eatâ€"in kit. comb fam rm. with E/P. Beautiful sunroom addition. Price is right. 2 bedroom condo. Parquet floors, balâ€" cony, spacious. Walk to bus, shopping, downtown. JOAN McCOY* 4 bdrms./main fir. F/R with F/P. Gorgeous backyard w/ 18x38 pool. Gleaming hardwood and ceramic floors. $149,500 BEAUTIFUL GROUNDS $229,900 TOTALLY UPDATED $89,900 TRY TO BEAT THIS! $332,000 POWER OF SALE KELLY/PETER NATYSHAK* KELLY/PETER NATYSHAK* Q: What effect do the interest rate hikes have on our ability to buy a home, and what can we do about it? A: The rise in interest rates has had a significant effect on the monthâ€" ly cost to borrow and on one‘s ability to qualify for mortgage funds. For example, generally a financial institution qualifies an applicant based on the 3â€"year interest rate at t eh time of application. Using a March 17 posting of rates, the 3â€"year rate was 7.25 per cent, which means that each thousand dollars borrowed with a 25â€"year amortization period would cost $7.16 per month to serâ€" vice. A $200,00 home with a 10 per cent down payment and a $180,00 mortgage would cost $1,288.80 per month to carry, not including any mortgage insurance costs. As at April 4, to finance the same situation with interest at the threeâ€"year rate of 8.75 What about rising interest rates? SUE NATYSHAK* _ DONNA NATYSHAK* Sales Representative _ Sales Representative Attention!! First time buyers! Immaculate 3 bdrm. townâ€" house/garage. Upgraded brdim, fin. rec rm., 2 baths. Executive 3 bdrm. ranchâ€"style home. Prestigious East Oakville location. Upgraded updated, 115‘%134‘ lot. SUE NATYSHAK*/DONNA NATYSHAK* Backing on 14 Mile Creek. 3 + 1 bdrms. Red. rm sacking on 14 Mile Creek. 3 + 1 Ddrms. hed. T with F/P. Above gr Iound pooI':Oka possession 4 custom built Marlar homes to be built on Glen Abbey ravine lots, Bring us ‘your plans today!! KAREN COLLINS* $289,900 VALUE PACKED DEAL! $165,000 REDUCED TO SELL $123,900 â€" PURRFECTION!! per cent, it would cost $1,461.60 per month. More importantly, the gross income required to qualify, using a Gross Debt Service ratio of 32 per cent, would escalate from $4,030 per month to $4,570 per month, and this would not take into consideration property taxes and condominium fees, if applicable. A service of The Oalwuille, Milton and District Real Estate Board What can we do? If you are in the market to purchase a home, now or in the near future, go to your finanâ€" cial institution or mortgage broker NOW and arrange to be prequalified. Mortgage prequalification will deterâ€" Sales Representative uying or selling a home? If you use the B services of a REALTOR, then you can be assured of the highest standards of professional service. Only members of a local member real estate board/association of The Canadian Real Estate Association are REALâ€" TORS. REALTORS subscribe to strict ethical standards which are embodied in the Code of Ethics and Standards of Business Practice of The Canadian Real Estate Association. The Code of Ethics describes the perforâ€" mance the public may reasonably expect and makes that performance the "norm" for all members of the Association. It requires that members strive to maintain and continually improve the professional standards of their calling by keeping informed of real estate trends and developments and by rendering serâ€" vices based only on knowledge, training, qualâ€" ifications and experience in real estate. The Code is complemented by 26 Standards of Business Practice, which serve to further guide members of their daily business activities. They state, for example, that the member must protect and promote the interâ€" ests of his or her client, but that this does not relieve the member of the responsibility of dealing fairly with all parties to the transaction. The Standards also provide that the member has an obligation to avoid concealment of perâ€" tinent facts, and that all advertising must be accurate. Consider using the services of a Realtor It is a function of every real estate board/association to strive to ensure that its members uphold the strict ethical and profesâ€" sional standards established by The Canadian Real Estate Association. Ethics complaints are handled by each board‘s/association‘s professional standards, ethics or discipline committee. Members who are found to have violated the Code or any of the Standards face discipline by a number of means, including fines, suspension or terminaâ€" tion from membership and mandatory attenâ€" dance at educational courses. REALTOR is a trademark that identifies real estate professionals who are members of a local real estate board/association and The Canadian Real Estate Association and, as such, subscribe to a high standard of profesâ€" sional service and to a strict Code of Ethics. This article is provided by The Canadian Real Estate Association and the members of your local board/association for the informaâ€" tion of consumers in the real estate market. Real Talk is provided by the Oakville Beaver and the Oakville, Milton and District Real Estate Board as a service to the general public. We welcome any question relating to real estate â€" mail to Real Talk, c/o The Oakville Beaver, 467 Speers Rd., Oakville, LI6K 384, or fax it to The Beaver at 845â€"3085. Call 844â€"6491 for more informaâ€" mine how much the bank would be prepared to lend you for the purchase of a home. At that time, you should also ask that the rate quoted to be guaranteed for as long as possible. The rate you are given will not increase for the guaranteed time and you will receive any reduction that comes along. Just a reminder: it costs nothing to be prequalified and it will help you to avoid disappointment later if rates should continue to rise.