Consumer Guide 2015 mbabc.ca | 9
The Appraiser
Mortgage brokers regularly
work with professional real
estate appraisers to obtain
market values of properties
to finance or refinance their
clients' mortgage. This value is
a critical piece of information.
Obtaining a reliable appraisal
that is unbiased, independent
and based on comprehensive
research and analysis is key to
the success of this transaction.
The Appraisal Institute
of Canada is a self-regulated
designating body.
www.aicanada.ca
The Notary
A notary is often a member
of the team of professionals
working to ensure a home
purchase is a smooth and
trouble-free process. B.C.
notaries are governed by
the Notaries Act of BC
and the discipline of their
professional society. Notaries
provide a range of services
from mortgage financing
documentation to residential
and commercial estate transfers.
www.notaries.bc.ca
The Realtor
Realtors help people make what
is usually one of the largest
purchases of their lives. Realtors
are licensed by the province
through the Real Estate Council
of British Columbia.
www.bcrea.bc.ca
The Lawyer
If no issues arise, lawyers
prepare, complete, and register
the needed documentation to
give effect to the transaction(s);
if issues do arise, lawyers
assist clients to make decisions
(informed with the law) to
resolve the issues. Lawyers
are governed by the Legal
Profession Act and the Law
Society of British Columbia.
www.lawsociety.bc.ca
For most people buying a home is their
biggest investment and it is also when you
are likely to work with a mortgage broker.
However, it takes more than one professional
to guide you through the successful search
and purchase of a home. Your mortgage
broker is ideally positioned to quarterback
your team of professionals.
THE
DREAM
TEAM
NEED TO KNOW
