* : awk
ACTION AT THE waterfront bas picked up with the
beautiful spring weather. (Ian Smith photo)

-Just one year after the
FLIP mortgage program was

launched in Canada, the

plan is now available from
coast to coast in 35 cities, 8
provinces and the Yukon,
reports Victoria Wood
Development Corporation,
Inc., sole owner of the FLIP
Canadian franchise.

“New firms are joining the
system at a very rapid rate,”
says Richard M. Griffith,
Victoria Wood’s’ Vice
President, Marketing and

to Canada. “Flip is now
being offered by more than
30 licensed agents
representing a sales force of

some 300 people,” adds
Griffith.
Moreover, for the first

time in Canadian real estate
history, a real estate board
has endorsed a private
financing method to sell
homes. The Winnipeg Real
Estate Board has announced
that it endorses the FLIP
program as a_ practical

resale- homes. as_ interest
rates spiral to all-time highs.
The Board recommended to
its membership of 275
broker firms representing
2,000 salespeople, that they
should seriously consider
utilizing FLIP. ‘
Griffith, who was named
outstanding Sales and
Marketing executive for
1979 in the category “large
volume builder” by the
Housing and Urban
Development Association of

“FLIP (Flexible Loan In-

surance Program), is a
graduated ‘payment mor-
tgage that will allow

thousands of Canadaian
families and individuals to
purchase that first or second
home now, rather than
waiting until they can afford
it.”

He notes that the FLIP
experience with new home
sales has also enhanced the
sale of homes even with
other conventional! financing

sales, who introduced FLIP

Custom built ‘Crest’ home in excellent condition on a
level, 65’ x 152’ treed lot. Upstairs - 3 bedrooms with
master ensuite, downstairs a finished family room

with fireplace, a 4th bedroom and bathroom ...
perfect for the family, and in the low 130s.

965 STRATHAVEN _
929-5105

(off Mt. Seymour Parkway)

marketing tool for new and

Canada

GAMBIER: 750’ wit/63 acres

Ths huge property located in Long Bay features

a lovely big meadow, stream, south exposure,
good beach, safe anchorage and a government
dock alongside

(HUDAC),

says methods.

GAMBIER: 1400’ wft./57 acres ;
4 Cottages currently on this lovely property.
Your share buys this south-facing waterfront
Panabode which features large living room/kit-
chen with propane fridge, stove, 3 pc.
bathroom, spacious guest cottage and huge
community (private) dock. $79,000.

WESTLAND REAL ESTATE LTD.

1401 West Broadway,
Vancouver, B.C.
V6H 1H6 734-7655

PRESTON: 5 acres/An estate
Lovely permanent home, guest cottage.
swimming poo! and targe all weather, deep dock
includes private marina share on W side Bowen
for tast car/boat access. Zoned for 2 homes. it
could be a wondertul group retreat. $245,000.

KELLY ISLAND: 1300’ wiftJ10 acres

At the entrance to blind Bay (Neison/Hardy ts.) is
pretty 46 acre Kelly Island, This Is one of only 4
ten-acre lots. Superb building sites perc tested.
well water and safe moorage make it a lovely
hideaway Zoning permits 2 owners tohave a
building site each, Full price $53,000 with short
tearm, low mortgage if desired.

ASK ABOUT OUR OTHER ISLANDS

Keith Bower
Res: 921-9175

Lloyd Brown
Res: 921-9096

OES cen alt
Seige a we - a : ay
SUNSHINE COAST: 200° wft.J4% acre
Near Pender Harbour on the mainiand. A crown
lease with 10 years to go to renewal. 100° taces
due south, 106’ faces west. $28.000.

GAMBIER: Half acre: Residence
Near-new but all the hard work is done. Finished
bthrm on each floor, 4 bdrms_ftiv/din rm., im-
maculate kitchen, 2 fireplaces, 2 sundecks,
lawn, garden, south expo, view to Keats. FP
$65,000 and owner will consider Vancouver
house trade

MAYNE: 562’ wit/10 acres
Also a choice of 2 ten acre view lots and 4
residential sized serviced lots from $10,000

And other lots on
GAMBIER, SUNSHINE COAST,
DECOURCY AND SAVARY