Fort McMurrayReal Estate Board

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Annual Scholarships Available From Fort McMurray REALTORS®

Posted March 01, 2017

Fort McMurray REALTORS® are once again offering their annual scholarships to students graduating in 2017.

Students applying will need to be enrolled in post-secondary education. Recipients will be eligible to receive $1,000 towards their future education. Scholarships will be awarded once applications are reviewed.  The scholarships are available to students residing in the Fort McMurray Real Estate Board area which includes the Regional Municipality of Wood Buffalo and Lac La Biche area.

To download the application, please click on the link below. Please note that applications are due on April 28, 2017.  

2017 Scholarship Application

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Real Estate Council of Alberta Kicks Off Fraud Prevention Month by Urging Albertans to Dig Deeper

Posted March 01, 2017

RECA News Release 

Calgary, Alberta – As this year’s Fraud Prevention Month begins, the Real Estate Council of Alberta (RECA) is urging Albertans to dig deeper when a real estate or mortgage deal seems too good to be true.

As the licensing and regulatory body for Alberta’s 15,000 real estate, mortgage brokerage and real estate appraisal professionals, RECA’s mandate includes protecting against, investigating, detecting, and suppressing mortgage fraud. RECA has extensive information and resources for consumers that can help them avoid being targets.

“Consumers have the power to protect themselves from opportunistic fraudsters,” says Christine Zwozdesky, RECA Chair. “We encourage consumers to dig deeper for more information if something sounds too good to be true.”

  • having financial difficulty related to your mortgage? Someone offering you “an easy way out”? Find out if the person offering to help you is a licensed real estate or mortgage brokerage professional. “Search for an industry professional” at www.reca.ca
  • read contracts and other documents carefully. Make sure you understand what you’re signing; if you don’t, ask questions. If you don’t like the answers – look for help or information elsewhere
  • do a web search for the names of the individuals offering to help you out. If the person you’re dealing with has a history of fraud, their old victims have likely warned the world online

Zwozdesky adds, “Part of RECA’s mandate is consumer protection, and providing Albertans with credible, independent information about mortgage fraud prevention and awareness is one way we can do that.”

Do your research, ask questions, and most of all, make sure you’re working with a licensed mortgage or real estate professional. Their extensive knowledge, experience, and training can help you avoid scams.

Mortgage fraud awareness and prevention resources for consumers are available now on RECA’s website. RECA will be participating in Fraud Prevention Month activities throughout March.

Click here for the original article found on the RECA website.

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.

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Collaborative report going to Council

Posted November 02, 2015

Mix 103.7 FM News Page posted November 2, 2015

A trio of business organizations in Fort McMurray are putting their pitch to Council tomorrow night on the best ways to tackle the socio-economic issues of the region.

The Fort McMurray Chamber of Commerce, Fort McMurray Real Estate Board, and Urban Development Institute Wood Buffalo have collaborated on a report called "Protecting the Investment in Our Future," and presented it in Edmonton last week.

It's a follow up to the Radke Report, which was issued by then-Premier Ed Stelmach in 2006, offering recommendations on how to address the needs of a booming oil sands region.

The newly released report outlines three conditions for the oil sands to prosper, which range from keeping the cost of production globally competitive, to improving the quality of life.

As well, one of the report's recommendations is to re-start a government body called the Oil Sands Secretariat.

To read the report "Protecting the Investment in Our Future", please click the below link.

  Protecting_the_Investment.pdf

 

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Stephen Harper pledges higher RRSP withdrawal limit for 1st time homebuyers

Posted August 17, 2015

CBC News Posted: Aug 12, 2015 2:00 PM ET

Stephen Harper says a Conservative government would raise the amount that first-time homebuyers can draw out of their RRSPs to buy a house — from $25,000 to $35,000 — if elected.

At a campaign stop in Vancouver, Harper said a Conservative government would increase the upper limit of what's known as the Home Buyer's Plan. Under current rules, a would-be homebuyer can withdraw up to $25,000 from his or her RRSP without paying a penalty, as long as the money will be used to help pay for a first home.

The homebuyer must also pay back the funds within 15 years, and doesn't get the benefit of the tax credit while replenishing the money.

Under the new Conservative proposal, that limit would be increased to $35,000.

"For most Canadians, the family home is their biggest asset and their most significant investment in their future financial security. It's also the centre of their lives," Harper said.

Since the plan started in 1992, more than 2.8 million Canadians have used the plan to help pay for a first home, the Canadian Real Estate Association, which represents realtors across the country, said in a release following the policy pledge.

The plan would cost the government $30 million a year in lost tax revenue starting in the 2017-18 fiscal year, Harper said.

For the full article, visit www.cbc.ca/news

 

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211 Wood Buffalo Phone Service

Posted April 18, 2015

What is 211?

211 is a regional service available in all Wood Buffalo communities: Anzac, Conklin, Draper, Fort Chipewyan, Fort Fitzgerald, Fort MacKay, Fort McMurray, Gregoire Lake Estates, Janvier, and Saprae Creek Estates.

211 is an easy-to-remember, three-digit telephone number that connects callers to a full range of non-emergency social, health, community and government services.  It is free, confidential, multilingual and available 24 hours a day.

Everyday someone in Wood Buffalo needs help finding services. Faced with a complex maze of phone books, help lines and directories, people often don’t know where to turn. A single call to 211 eliminates all this confusion. A call to 211 connects clients with information about, and referrals to, human services for everyday needs and for crisis situations. 

Components of the 211 System

211 consists of two components: the telephone service and a large, comprehensive database that supports it. Both components provide single point of access to information. 

Benefits of 211

The communities of Wood Buffalo will derive far reaching benefits from 211. These benefits will be felt by individuals, families, service providers, local governments, businesses, corporations, community planners. 


The benefits to community include:

   Support for the social profit sector
   Emergency preparedness
   Support to Wood Buffalo’s aboriginal and rural population
   Support to immigrants and newcomers arriving in Wood Buffalo
   Improved access to services to the public
   Using public resources more effectively
   Tracking call patterns to inform community planning
   Resource tool supporting human service workers

 

Visit http://www.ab.211.ca for further information.

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Local real estate boards give hint of a surging housing market

Posted July 10, 2014

Canada’s housing market is again proving to be hotter than economists expected. The latest data on sales of existing homes across the country will be released by the Canadian Real Estate Board next week. But a number of local real estate boards have made their statistics available in recent days and the picture they paint is generally one of strength, especially in the highly-populated markets of Toronto and Vancouver. Full article –http://tinyurl.com/pu8kag5

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