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PCREG August 2010.pdf - The Pictou Advocate

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NEW LISTING - LOT 15 & 16 NEW ROAD, MELVILLE $19,500<br />

(MLS®#65002107) CALL DAVID & SUSIE AT 657-2771<br />

NEW LISTING - HIGHWAY 376, LYONS BROOK $19,500<br />

(MLS®#00835645) CALL DAVID & SUSIE AT 657-2771<br />

NEW LISTING - LOT 110 NO. 2 HIGHWWAY, KINGS HEAD<br />

$119,900 (MLS®#65071243) CALL SCOTT AT 754-9680<br />

NEW LISTING - LOT 11 NO.2 HIGHWAY, KINGS HEAD $119,900<br />

(MLS®#65071253) CALL SCOTT AT 754-9680<br />

NEW LISTING - NO. 2 HIGHWAY, LYONS BROOK $18,900<br />

(MLS®#00836403) CALL GIOVANNA AT 928-8877<br />

313 WASHINGTON STREET, NEW GLASGOW - $12,900<br />

(MLS®#00935346)<br />

*NEW PRICE* PICTOU LANDING ROAD, PICTOU LANDING -<br />

$24,500 (MLS®#65006736)<br />

131 GUNNS COVE LANE, CARIBOU ISLAND $875,000<br />

(MLS®#00808154)<br />

SOLD<br />

July/10<br />

D3, 10, 11 MELBERBY COURT, KINGS HEAD - $85,000<br />

(MLS®#01037589)<br />

137 LOWER BARNEYS RIVER LOOP, BARNEYS RIVER $99,900<br />

(MLS®#00920199).<br />

TRUNK 4 AND FOREST HILL DRIVE, DURHAM $14,000<br />

(MLS®#2008124425).<br />

GRANTON ROAD, GRANTON - $79,500 (MLS®#00865386)<br />

SOLD<br />

July/10<br />

PICKEN STREET, WESTVILLE - $25,000 (MLS®#65083024)<br />

AVONDALE ROAD, LOWER BARNEYS RIVER - $16,500<br />

(MLS®#2008140858)<br />

SHORE ROAD, LOWER BARNEYS RIVER - $16,500<br />

(MLS®#2010184712)<br />

BIG ISLAND ROAD, LOWER BARNEYS RIVER - $25,000<br />

(MLS®#65073066)<br />

122 GREENS POINT RD, HILLSIDE -$39,000 (MLS®#00868976)<br />

108 MEADOW BREEZE LANE, KINGS HEAD - $99,500<br />

(MLS®#65071227)<br />

CEMETARY RD, LOWER BARNEYS RIVER - $115,000<br />

(MLS®#2010184689)<br />

LOCH BROOM ROAD, LOCH BROOM - $15,000 (MLS®#00843169)<br />

MOUNT THOM RD, UPPER MOUNT THOM $74,900<br />

(MLS®#65008039)<br />

SOLD<br />

July/10<br />

LOT P-2 WESTVILLE ROAD, MOUNT WILLIAM - $299,000<br />

(MLS®#65195240)<br />

LOT 1X LITTLE HARBOUR ROAD, LITTLE HARBOUR - $49,900<br />

(MLS®#65165490)<br />

G.SUTHERLAND ROAD, EAST BRANCH, PICTOU COUNTY<br />

$55,000. (MLS®#00829960)<br />

41 GREEN STREET, NEW GLASGOW-$12,900 (MLS®#00949818).<br />

LOT 16 PICTOU LANDING ROAD, PICTOU LANDING -$15,900<br />

(MLS®#65186454)<br />

LOT 17 PICTOU LANDING ROAD, PICTOU LANDING -$15,900<br />

(MLS®#65186462)<br />

MILLSVILLE ROAD, MILLSVILLE- $25,000 (MLS®#00807461)<br />

PLEASANT VALLEY ROAD, PLEASANT<br />

VALLEY - $159,500 (MLS®#65027351)<br />

NO 104 HIGHWAY, GREENHILL $249,000 (MLS®#65168213)<br />

LOT 88-1, PARK ROAD, MACPHERSON’S MILLS $50,000<br />

(MLS®#65032690)<br />

LITTLE HARBOUR ROAD, KINGS HEAD $99,000 - 80,106 +/-<br />

SQ.FT. (MLS®#65057192)<br />

PRINCE STREET, PICTOU $30,000 - 2+/- acres (MLS®#<br />

2009170047)<br />

SHORE ROAD, CENTRAL CARIBOU<br />

$109,900 - 2.54+/ - ACRES (MLS®# 65054280)<br />

18 DRAGON FLY LANE, THREE BROOKS $109,900 - 2.3+/-<br />

ACRES (MLS®#65053530)<br />

PARCEL C, SHORE ROAD, WATERSIDE $80,000 - 16+/- acres<br />

(MLS®#65036170B)<br />

CHURCHVILLE ROAD, CHURCHVILLE -$44,750 - 6+/- ACRES<br />

(MLS®#65062531).<br />

PARCEL A, SHORE ROAD, WATERSIDE $325,000 - 41+/- ACRES<br />

(MLS®#65036170)<br />

SHORE ROAD, CENTRAL CARIBOU $124,900 - 2.66+/- ACRES<br />

(MLS®# 65054298).<br />

SHORE ROAD, CENTRAL CARIBOU<br />

$299,900 - 28+/- ACRES (MLS®# 01047869)<br />

3177 SHERBROOKE ROAD, EDEN LAKE<br />

$279,000 - 22.3+/- acres (MLS®#00903443)<br />

SHADY LANE, LOCH BROOM<br />

$10,500 - 2.5+/- acres (MLS®#65068199)<br />

NORTH AVE, NEW GLASGOW<br />

$35,000 - 100 FT X 150 FT. (MLS®#65068215)<br />

LAKESIDE CRT, GRANTON- $34,500 -Various Lot Sizes<br />

(MLS®#65171670)<br />

PICTOU ISLAND ROAD, PICTOU ISLAND<br />

$399,000 - 25+/- ACRES (MLS®# 00800615)<br />

PRINCE STREET, PICTOU<br />

$28,000 - 1.46+/- acres (MLS®# 2009170052)<br />

LOT DURHAM ROAD, ROGER’S HILL<br />

$29,500 - 16+/- acres (MLS®# 00835983)<br />

LOT A MAXWELL ROAD, MOUNT THOM<br />

- $8500(MLS®#00892299)<br />

Purchasing a home....<br />

Tips to make sure you are financially ready<br />

If you’re like most Canadians,<br />

your home is probably the<br />

most important investment you<br />

will ever make. But how do<br />

you know if you are financially<br />

ready for all the responsibilities<br />

that come with homeownership<br />

To help you avoid any<br />

unpleasant surprises, Canada<br />

Mortgage and Housing Corporation<br />

(CMHC) offers the<br />

following tips on how to assess<br />

your current financial situation,<br />

calculate your monthly<br />

expenses and determine how<br />

much house you can afford:<br />

FIRST, CALCULATE<br />

YOUR NET WORTH.<br />

Your net worth is the total<br />

of all of your assets (including any investments,<br />

savings, properties, vehicles and other assets you<br />

own) minus your liabilities (such as any mortgages,<br />

car loans, personal or student loans, credit<br />

cards or other debts). Your net worth will give<br />

you an accurate snapshot of your current financial<br />

situation, as well as an idea of how large a<br />

down payment you can afford.<br />

Next, calculate<br />

your current<br />

monthly expenses<br />

to determine what<br />

kind of mortgage<br />

payment could<br />

comfortably fit<br />

into your budget.<br />

Your monthly<br />

expenses include<br />

your current housing<br />

expenses (such<br />

as rent, utilities,<br />

parking and other<br />

fees) as well as all<br />

other regular, nonhousing<br />

related<br />

costs (such as cable<br />

TV/Internet, debt<br />

payments, insurance,<br />

car fuel and<br />

repairs, clothing, medical and dental costs, child<br />

care expenses, groceries, entertainment and other<br />

expenses).<br />

Once you have a clear picture of your financial<br />

situation, figure out how much you can<br />

afford in monthly housing costs.<br />

As a general rule, your total monthly housing<br />

costs (including mortgage principal and interest,<br />

taxes and heating) shouldn’t exceed 32 per cent<br />

of your gross household monthly income. In addition,<br />

your entire monthly debt load (including<br />

mortgage payments, car or student loans, and<br />

credit cards) shouldn’t be more than 40 per cent<br />

of your gross household monthly income.<br />

If you have made all the necessary calculations<br />

and feel you are ready, it can be a good<br />

idea to select a lender and ask them to pre-approve<br />

you for a mortgage.<br />

Getting pre-approved lets you know in advance<br />

what price range you should have in mind<br />

when you are shopping for your new home.<br />

For most people, the hardest part of buying<br />

a home – especially a first home – is saving<br />

for the down payment.<br />

With CMHC mortgage loan insurance, you<br />

can purchase a home with a down payment of<br />

five per cent of a home’s price.. To find out more,<br />

contact CMHC or talk to your lender.<br />

For more information related to buying a<br />

home, visit www.cmhc.ca and search keyword:<br />

Step by Step for the Homebuying Step by Step<br />

Consumer Guide and Workbook.<br />

For the largest collection of housing-related<br />

information in Canada on buying, renovating or<br />

maintaining your home, visit www.cmhc.ca or<br />

call 1-800-668-2642.<br />

PAGE 22 - PICTOU COUNTY REAL ESTATE GUIDE - AUGUST 2010

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