|
GEOEXCHANGE
How can you improve your homes heating and
cooling system while making it more affordable, comfortable
and safer at no cost while accessing financing that didn't
have to be qualified for nor require any additional appraisal?
Some would say: You can't
They'd be wrong.
"In December 1979, as part of attempting
to deal with "the energy crisis", President Carter issued
an executive order to secondary market lenders to institute
what was ultimately termed the Energy Efficient Mortgage"..."These
provisions allow homebuyers to maximize energy investments
while placing them in the strongest possible cash-flow position;
energy savings can more than pay for the incremental cost
of the energy improvements in most situation". (Richard Faesy, Energy Rated Homes of Vermont) Energy Efficient Mortgages may not be new
, but there availability and applicability have seen dramatic
improvement within the last five years. One of the lesser
known improvements has been in the category of Energy Improvement
Mortgages and Loans.
Through the EPA and various other governmental agencies Homeowners and Buyers can now
access longer terms with the lowest available rates, discounts
on closing cost, and more favorable debt to income requirements.
Essentially, this means, a homeowner can upgrade
her/his home, thus increasing its resale value, improving
its comfort, reducing environme ntally hazardous
emissions
all the while using the energy savings to pay off the mortgage
and in some cases actually having a positive cash-flow.
Not Too Good To Be True, Too Good To Pass
Up!
To get started with your
home energy rating call 610.688.4900
|
