Dig Deeper to Prevent Fraud All Year, Says Real Estate Council of Alberta
Calgary, Alberta – Fraud prevention lasts all year. That’s the message the Real Estate Council of Alberta (RECA) is sharing as this year’s Fraud Prevention Month ends.
“We highlight fraud during Fraud Prevention Month each year, but we want consumers to recognize that fraud can happen anytime, anywhere,” says Christine Zwozdesky, RECA Chair. “We don’t want consumers to let their guard down when it comes to real estate and mortgage fraud schemes. RECA and its licensed professionals are a resource for consumers year round. We’re available to help educate and protect consumers who are buying or selling property, or obtaining a mortgage.”
Visit RECA’s Mortgage Fraud Awareness and Prevention website, which includes:
- Dig Deeper fraud awareness video
- tips for avoiding mortgage fraud, translated into Punjabi and Mandarin
- mortgage fraud red flags
- mortgage fraud borrower checklists and FAQs
- examples of common mortgage fraud schemes
“We want consumers to Dig Deeper for more information if someone offers financial assistance or arrangements that seem too good to be true,” adds Zwozdesky.
As the licensing and regulatory body for Alberta’s 15,000 real estate, mortgage brokerage, property management, and real estate appraisal professionals, RECA is in a unique position to serve as an independent resource for consumers who are buying or selling property in Alberta.
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.