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Consumers have a new tool to help navigate the complexities and financial implications of purchasing a home. Earlier today, The Canadian Real Estate Association (CREA), and the Financial Consumer Agency of Canada (FCAC) launched the Homebuyers’ Road Map. The Road Map is available on CREA’s website at crea.ca. In a recent Nanos Research survey1 for CREA, more than 63% of Canadians indicated a “major need” for more information about the financial details of buying a home. That figure rose to 70% for respondents between the ages of 18 and 29. “As REALTORS®, we appreciate that young Canadians and first-time homebuyers are craving more information about the financial details required to purchase a home. The purpose of the Homebuyers’ Road Map is to empower consumers with the knowledge, skills and confidence to make responsible financial decisions about one of the largest purchases they will ever make,” said Gary Simonsen, CREA’s CEO. “We’re proud to have collaborated with the Financial Consumer Agency of Canada to develop this guide.” Launched to coincide with Financial Literacy Month, the Homebuyers’ Road Map is a guide which will help Canadians better understand the home buying process as well as appreciate the importance of negotiating with lenders and researching government programs. “Helping Canadians plan for the future, make sound decisions and ensure the financial security of their loved ones are essential in this increasingly complex world,” said Shelly Glover, Parliamentary Secretary to the Minister of Finance. “Buying a home involves a number of steps and many buyers need some help in understanding the various options available. In order to make the decision that matches their own circumstances and goals, consumers need some money know-how — which is what financial literacy really is,” added Ursula Menke, Commissioner of the Financial Consumer Agency of Canada (FCAC). “This guide will help people make the right decision, and adds to the information on mortgages, loans and banking available on our website, itpaystoknow.gc.ca.” To access the Homebuyers’ Road Map, and to find out how a REALTOR® can help, please visit crea.ca and click the Buying or Selling? tab. - 30 - ABOUT CREA The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry trade associations, representing more than 106,000 REALTORS® working through more than 100 real estate Boards and Associations. |
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Simon Fraser CondosAltaire by PolygonAltaire built in 2008/2009 reaches higher then any other condo building in Metro Vancouver offering panoramic views. Novo I by IntergulfNovo I built in 2007 known for the amazing sight lines and views from most units and balconies up to 1000 sq ft. Novo II by IntergulfNovo II built in 2007 known for the amazing sight lines and views from most units and balconies up to 1000 sq ft. Aurora by PolygonAurora built in 2006 with 103 condos featuring 36 unique floor plans ranging from 715 sq ft to 1500 sq ft. One University by MillenniumOne University built in 2005 is UniverCity's flagship building with luxury homes featuring semi private elevators. Harmony by PolygonHarmony built in 2005 was the first condo development at Univercity & as a result offers a unique setting & views. Serenity Townhomes by PolygonSerenity is a collection of 2 bedroom townhomes of 1100 sq ft ranging to 4 bedroom 2000+ sq ft townhomes. The Hub by Liberty HomesThe Hub built in 2009 is set atop Nester's Grocery and steps from High Street giving these homes an urban feel. Verdant by VanCity EnterprisesVerdant is a two storey town home building built with environmental design and stylish living spaces which complement the modern exterior of these SFU homes. Origin by Porte DevelopmentOrigin is designed by GBL Architect & BYU Interior Designs, developed by Porte Development Corp. and marketed by Red Dot Real Estate. Nest by MosaicLocated on UniverCity High Street across from the new University Highlands elementary schools this refreshing building will add further depth to a growing community. Highland House by Liberty HomesA 12-storey concrete high-rise development and targeted towards Rental Investors and First-Time Condo Buyers. Lift by Porte DevelopmentLift will be a wood frame building comprising of 56 homes. Building technologies, environmental features, and price points should be similar to Origin. Altitude by Hungerford GroupAltitude will be a 2 tower development comprising of a 12 and 14 story building with a total of 210 strata units. CentreBlock by Liberty HomesCentreBlock at UniverCity atop Burnaby Mountain is the latest condo project with sales commencing early 2014. . | ||||||||||||||||||||
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