With the never ending increase of energy costs, a homes utility bill is generally the second highest cost with home ownership. With a home energy audit, buyers can see the potential energy savings of the home that they are interested in.
In an article by PRNewswire, it was stated that potential sellers and buyers aren't always attracted to the same projects. The most appealing home improvements among potential buyers include:
Energy-efficient changes (81 percent)
Remodeled kitchen or bathroom (78 percent)
New roof (69 percent)
Talk to your potential buyers about the opportunity to have an Energy Mortgage!
What is an energy mortgage? An energy mortgage is a mortgage that credits a home’s energy efficiency in the home loan. There are two types of energy mortgages:
Energy Improvement Mortgage - Finances the energy upgrades of an existing home in the mortgage loan using monthly energy savings
Energy Efficient Mortgage - Uses the energy savings from a new energy efficient home to increase the home buying power of consumers and capitalizes the energy savings in the appraisal
*www.natresnet.org
