QUESTIO’ iY

i) > go fora mortgage?

‘Bewicke Ave, North ‘Van.

Bor most peuple, buying a
- house is likely the largest
"single financial commitment
they make in their lifetime;
. and as financing is the “key,”
Lo one must have a good ad-

° With a multitude of
sources available such as

-eredit | unions, banks, and_.

‘trust companies, and the
extremely — competitive at
mosphere in the lending
field, it pays to take a little
time to “shop around” for
the best rate and terms.

to bay our. first home;

where's the best place

- formation,
have. 4.. good working:

comparative ‘lending and

. deposit rates in The Sun is ©
usually a good place to start.
. However, with the current
‘newspaper strike, you'll have

to take the time to do
research on your own.

Or ask a realtor for in-
‘Most realtors

lige. (and: their own
monthly” ‘comparison chart)
of what terms, rates -and

=. conditions exist in today’s
. financial marketplace.

There is mortgage money

_available and many recent

changes. For instance, most
banks—in order to meet
their main competition, the
credit unions—now offer an
“open mortgage” which
means there is no penalty or
bonus for early (or partial)
prepayment,

Financial — institutions
generally will ask you what
assets and debts you must
cover monthly. Your gross
income—all of the husband’s
wage, and from 25 per cent
to 100 per cent of the
wife’s—qualifies you for a
mortgage (your gross service
debt ratio). \

“The - monthly chart of

working and with no other
' Outstanding debts,

With both partners -|~

s, this _
young couple might well .

qualify for a-starter home { ,;

around $50-$52,000. under
the MICC insured program.

One of the most in-
formative (and .
booklets available is Vancity

Credit Union’s “Mortgage

Facts.” It-covers:

*basic mortgage questions |
--and answers

‘qualifying for the loan and
conditions.

eGovernment. second
mortgages
*rates and payment

schedules, etc.

Allistone Realty has a

heavy supply on hand. If

you'd like a free copy, just
drop in and pick.one up, or
ask at any of Vancity Credit
Union" 's offices around town.

Address your real estate

question to:

Real Estate Dialogue
Box 242

North Shore News
202-1139 Lonsdale
North Vancouver
V7M 2H4

Metric — 98% of the world
knows it — so it must be easy..

RENT OR PURCHASE
NO DOWN PAYMENT
{on crv,alt approval)

- 3 bedroom full basement home - Large lot in quiet area - Close to all conveniences - Bring
your in-laws - Phone now for further information

SEEING IS BELIEVING

DAVE & NOREEN ROACH
NORTH VAN 985-1470 WEST VAN 922-1224
GLENMORE GEM
OPEN SUNDAY 2-4 ‘16 GLENMORE ORIVE

Semi-detached

split level home. 3 bdrms, 1%
baths. Beautifully kept on large level lot. Quiet,

treed area with loads of Pane; Very woll priced

et $72,600. Call LEE HAR 080-5825 of (24 hre.)
022-1224 (24hra.) |

BEGINNERS DELIGHT ,
False Creek townhome. 2 bdrm - one level. Two-level, 2

Garden - patio - no view.
OB7-7711 #7124.

Spotiess. Mid $50's.
BERNIE 920-3739 or 022-1224 (24 hrs.) Pager

i 2k

Close to all the Action! One bdrm suite. View of
mountains. Kitchen fully applianced. Balcony,
pool, sauna, exercise room. Low $40's or high
$30’s. Cail JOHN TOOD, 980-4404 or 922-1224

EASY LIVING

bdrm plus doen townhome, In.
fashionable Faise Crook.
bargain at $76,600. BERNE,

20-S750 or baa.

1224 (24 brs.) Pages O87-7711 #7124.

your Century 21
professionals on
the North Shore

Slinger Realty Ltd.
755 Park Royal 922-1224

free).

weet

GETTING IN 1 To THE LUMBERIACK SPIRIT, contractdrs are cleating lots. off -

. . a
ve oer
Bry
. .
fh
ote. f? he
4 :

r
*

f

Bowser Road in North Vancouver in preparation for a new development.
surrounding area has been enjoying a general facelift recently. (Terry Peters photo)

WATCH THE SHIPS GO BY _

OPEN TODAY 1-5 PANORAMA VILLAGE
#37-2216 Folkstone Way
#40-2216 Folkstone Way
#57-2212 Folkstone Way

-Two - 2 bedroom

-One - 1 bedroom

-All with superb city, harbour views and
balconies

-Priced from $74,500 to $123,500
-Conveniently located near Salmon House
restaurant

-Tennis, saunas, racquet bail courts

To view, call BETH McKENZIE 926-2637, JOHN
TODD 988-4404, GERRY BUCK, 926-2933 or
922-1224 (24 hre)

OPEN SUN 2-4
#106-327 W. 2nd ST., NORTH VAN

Enjoy life - view the mountains - watch the lights
twinkle on the Lions Gate Bridge - enjoy the
garden in your own fully enclosed patio.
Spacious 2 bdrm. ste. Master has walk-in closet
and large enste. Asking only $44,900 (MLS)
BETH McKENZIE, 926-2637 or 922-1224 (24
hra.) Pager 687-7711 #7123.

THE GOOD LIFE
Walk to Park Royal - Stroll along the river - enjoy
the view. Tastefully decorated 1 bdrm ste.
Private baicony with sunny south exposure
View and make your offer to. $53,600. BETH
McKENZIE 926-2637 of 922-1224 (24 hrs.)
Pager 687-7711 #7123.

Br eceionelty tenaaceped for privacy, and only
$116,000. 928.3739 0 or 022-1224 (24

Aira.) Pager 687-7711 #7124.

OPEN SUNDAY 2-4:30
1987 FULLERTON AVE.

sen toe, Thia is pn ao 2 bdrm home at
68 SERN 739 or 022-1224 (24
presPoper@ar-7T14 47124.

islet

NEAR CAPILANO @OLF COURSE
Subdividable property. Features country kitchen
with fireplace, beamed ceiling, living room. cen
rec. room, games room, 6 bdrns, 3% baths A
solid comfortable family home. Low $200 s. Call
now for a showing. GERRY BUCK 926-
2933 of 922-1224 (24 hrs.) Pager 687-7711
#7125.

completely landscaped. Over 2600 sq.ft., in-
cluding 3 bdrma, sauna, 3 fireplaces, rec room.

ee. room, sundecks, patio privacy. Ail for
139,500. Caa today. GERRY BUCK, 926-2833
or 022-1224 (24 hrs.) Pager 687-7711 #7125.

BUSINESS OPPORTUNITIES
Operating service pane
C-3

non pice ta tered zoning w take 3
storey. Auking prices only, BERN iE
ez0-g7a8 peeroty (2a nee.) Pager és 11

ON A SHOES
Small Lonsdale 800 #a.ft. x.)
pvalable for LOW LOW et walk ho tin

and take over existing business, or start y
own line.
Catt DAVE or NOREEN ROACH
NORTH