Starting at the begining of 2018, sellers of single-family homes in the City of Portland must obtain and disclose a Home Energy Report estimating the energy-related use, associated costs, and cost-effective solutions to improve the home’s energy efficiency.
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The Basics of an Energy Efficient Mortgage
Going green has many benefits. Not only does it lower your impact on the environment, but it could potentially save you money. When it comes to your home, it can be difficult to make your house more energy efficient. Luckily, with an Energy Efficient Mortgage (EEM), you can borrow more money to help you upgrade your home with green technology. Here are just a few upgrades that qualify under an EEM: Alternative heating such as a pellet stove New windows and insulation New roofing technologies Solar Panels for both electricity and hot water heating In order to qualify for an EEM, you must first qualify for a regular mortgage. When…