Calgary, Alberta – Buying a home is a very exciting time, but it is important to ensure you are financially ready. The Real Estate Council of Alberta (RECA) and Alberta’s licensed professionals can help.
November is Financial Literacy Month, and RECA encourages Albertans to invest in their financial well-being to make sure they’re prepared for and understand the financial realities of home ownership.
“Buying a home is one of the biggest investments consumers will ever make. It is important for Albertans to invest in their education and their financial literacy before shopping for a new home,” says Bob Myroniuk, Executive Director of RECA. “The cost of a home goes far beyond just the listing price.”
As the authority for a positive real estate experience, RECA has information and resources to help Albertans learn the financial ins-and-outs of their home purchase, from learning if they’re ready to buy, to obtaining a mortgage, planning for closing costs and planning for the ongoing financial responsibilities of home ownership.
“Taking control of their finances, setting a budget and understanding their financial responsibilities will reduce financial stress in the long run,” added Myroniuk. “Our mandate is to protect Albertans when they buy and sell property or obtain a mortgage, and with that goal in mind, RECA ensures consumers have access to independent, reliable information to make a sound financial decision.”
Access RECA’s collection of financial literacy resources. RECA will add more throughout Financial Literacy Month; stay tuned and follow along on Twitter with #FLM2018.
The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for governing real estate, mortgage broker, property management, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA’s mandate is to protect consumers and to provide services that enhance and improve the industry and the business of industry professionals.