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66 - Friday, January 29, 1988 - North Shore News

With

KEITH FINNEY

Home 988-3589
Office 986-9321

“Master Member of the M.L.S.
Medallion Club”

CREATIVE FINANCING

One of the most-heard terms in real estate today is ‘‘creative financ-
ing.” What does this mean?

Basically, it refers io any method of financing property outside of the
standard bank mortgage. It's become popular in recent years because
of the difficulty of finding mortgage money and because of the rates
being asked.

Even if the morigage on a home is assumable, the difference be-
tween the remaining principal and a standard down payment is hefty.
The seller may lend the buyer this amount, at least for a few years.
4 Sometimes a seller will write a mortgage himself, thus “investing”
m in his property for a good return.

¢ Other methods of creative financing included a lease with an option
to buy and a “wraparound” mortgage. Still more variables are in use.
a Creative financing is no do-it-yourself operation. You should have a
a lawyer draw up the agreement, and a knowledgeable real estate pro-
fessional help you choose the mos! appropriate instrument for your
situation.

| CREATIVE FINANCING CAN BE THE
KEY TO SELLING YOUR PROPERTY.
7 GET THE KNOW-HOW YOU NEED.

THORA DAKIN
986-9321

TOWNHOUSE TIME
INTRODUCING
“CHESTERFIELD COURT”

: An attractive 9 unit Townhouse development featuring large 2
4 bedroom, basement homes.

= LOCATION:

@ A superior address, 1 block West of Central Lonsdale at the South
# West corner of 18th and Chesterfield.

It is situated a few short blocks from Supermarkets, Banks, Medical
= Clinics and dozens of specialty stores of every description.

H Transportation 1 block east at Lonsdale.

: A FEW OF MANY DISTINCTIVE AMENITIES:
a -2 large bedrooms, both with full ensuite, plus powder room on

main floor.
m —Finished basements with skylights.
& —Full range of custom appliances with excellent Sears warranty

m and back up service.
& —Quality carpets, stain resistent with 5 year warranty by
& Peerless. (Colour selection available).
@ —Large family kitchens with eating area and direct access to a
& private patio.
q —Wood burning fireplaces.
-Wwo car parking in security garage with direct access to each

Unit.
B —Prices from $155,500-$158,500
& —Pre-completion inspection by appointment only.

Call THORA DAKIN | $86-9321, 984-0144

ais no eS p eee :
ARCHITECTURALLY DIFFERENT & LOW MAINTENANCE

This 3 bedroom home will excite your imagination! Unusual in design and yet very functional with
2 bathrooms, large living and dining rooms and a natutal state 60x80’ lot on a auiel Lynn Valley

cul-de-sac. Excellent value in this price range

: ey ae a men ty ts LAL
A SOLID INVESTMENT! 1105 MONTROYAL BLVD.

Consider the tacts:

-The best location in North Vancouver

-6% years old, with all the conveniences
-2% baths, 3 BRs, basement, garage. skylights

-~Vendor may carry financing

-Recent sales of identical units in the complex from $5000 to $20,000

above this asking price

BUSINESS OPPORTUNITY — HAIR DRESSING SALON

This well established hair salon is located in the busy west end of Vancouver,
and offers good revenues and outstanding potential for even more. 6 chairs.

Call now tor further details.

— “f Can Make It | Happe en” 5

Home 929-4159
do Pager 686-1593

$159,8 900

CLASSY, CUTE & COZY
600 sq.ft. of quiet comfort. 1 bedroom apt. with
insuite laundry (washer/dryer included 6 months
old). Best quality thru-out. Large wraparound
k balcony, lots of parking front and rear, located on
quiet treed side of bldg. 6 yrs. old.
MELODY RICHARDS $86-9321 (24 hrs.)
929-4159, 686-1593

VIEW — WATER — VIEW
FAMILY HOME

Come view this absolutely spotless
move-in cond, water view home.

: to beach, 15
garks, shops,
2 blocks té ool. Suntrap
sundecks set back from
street. 3 bdrm. plus den, 2 baths, large
rec sm., fam. rm. off kitch. Quick sale
wanted — phone now! 4225 Dollar
Rd.

well cared
mins. to sh

DELUXE TOWNHOME _ SARGAIN PRICE! §

Bargain hunters hurry! 4 yrs, old, 3 bdrm., 3 baths,
skylite dining room, HUGE master suite with full
ensuite — split level. Beautifully laid out plan,
family home with workshop & extra large storage,
Y% block to beach & parks. Close to shops,

transportation & schools. Recently officially &
appraised at $135,000. Now THAT’S A &

BARGAIN!!
MELODY RICHARDS 986-9321 (24 hrs.)
929-4159, 686-1593

HOMES ARE NEEDED
FOR FAMILIES IN THE $130’s~$230’s
PRICE RANGE

Deep Cove / Dollarton / Indian River. Call if you are considering a move. Com-

plimentary appraisal. Proven results,

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