November is known as many things, such as Movember (which is a very worthy cause - my husband already looks like a bush-man!), but as that is not my specialty, I'll leave it to the experts... I am better qualified to discuss another thing this month is known for: Financial Literacy. Because Financial Literacy has a such an impact on the biggest purchase of your life, it is important that you are able to make a well-informed decision. There are many great resources available to assist you with learning the in's and out's of purchasing a new home. We have our very own Real Estate Council of Alberta working hard to assist our clients & customers with the very best available tools and resources. Another great resource that has useful calculators, tax information, credit card comparisons and budgeting tools is the Financial Consumer Agency of Canada. If you're New to Canada and wish to find financial information written in other languages, Canada Mortgage & Housing Corporation (CMHC) has publications available in multiple languages.
Although there is a wealth of information available just a click away, nothing beats having a trusted advisor - and I'm not talking about your water-cooler advisory team! I'm referring to someone who can objectively listen to your needs and wants and then map it out on paper in a way that makes sense for your financial goals and plans. This could be an accountant, financial planner or mortgage broker, for instance. Do you have someone who works with you like this? If not, ask your REALTOR to recommend someone they know and trust. You may find that you interview a few different professionals before you find the right fit. That's okay. A successful working relationship should be one where you feel comfortable enough to bring a list of questions and have them answered in an honest conversation without feeling like a burden. It may take you a few tries, but its worth the time and effort.
Have more questions about finances? Give me a call, we'll be happy to help point you in the right direction!
Author:Cynthia Cherie Phone: 780-718-1598 Dated: November 1st 2017 Views: 146 About Cynthia: ...
at KENNEDY Real Estate We bring “Local Experience” back to the Edmonton real estate market. Every community in Edmonton and surrounding cities has its own personal flavor and energy: it’s as important to understand the lifestyle opportunities each Edmonton community caters to while also shopping attributes of individual homes for sale.
We focus on being your Area and Lifestyle Specialists to better serve the needs of our clients on an individual basis in a unique way. Just as every Edmonto n neighbourhood is different, so too are the homes within it. We customize and promote all of our Edmonton and area listings to reflect the individual attributes, special features, and character of each particular property we list.