I am proud to offer two incredible options for a rebate on the cost associated with buying your home:
|Buyer’s option #1:
I will rebate the Buyer the cost of a comprehensive HERS Rating. *See Terms and ConditionsThe home energy rating (HERS) is a standard measurement of the home’s energy efficiency. An energy rating allows a home buyer to easily compare the energy costs for the homes being considered. It’s kind of like knowing the MPG of a car before you purchase it. Home energy ratings involve an on-site inspection by a residential energy efficiency professional – a home energy rater. Home energy raters are trained and certified by a RESNET accredited home energy rating system.The home energy rater inspects the home and measures its energy characteristics, such as insulation levels, window efficiency, wall-to-window ratios, the heating and cooling system efficiency, and the solar orientation of the home.
Performance testing, such as a blower door test measuring door and duct leakage may be used. The home receives a point score between 1 and 100, depending on its relative efficiency. An estimate of the home’s energy costs is also provided. A homeowner who wants to upgrade the energy efficiency can use the energy rating to evaluate and pinpoint specific, cost-effective improvements.
My “Preferred Lender” Cross Country Mortgage, Inc. (Debbie Rogers) is well educated in the federally sponsored energy efficient mortgage programs. Some highlights include:
|Buyer’s option #2:
I will rebate the Buyer the cost of a home inspection from a reputable company. *See Terms and ConditionsWATCH THIS HOME INSPECTION VIDEO.
A home inspection is a limited, non-invasive examination of the condition of a home. The inspection should be conducted by a home inspector who has the training and certifications to perform such inspections. The inspector prepares a written report, often using home inspection software, and delivers it to the home Buyer. The Buyer then uses the knowledge gained to make informed decisions about their pending real estate purchase. The home inspector describes the condition of the home at the time of inspection but does not guarantee future condition, efficiency, or life expectancy of systems or components.An inspector will check the roof, heating system, water heater, air-conditioning system, structure, plumbing, electrical, and many other aspects of buildings looking for improper building practices, those items that require extensive repairs, items that are general maintenance issues, as well as some fire and safety issues. However, it should also be noted that a home inspection is not technically exhaustive and does not imply that every defect will
A home inspector should not be confused with a real estate appraiser. A home inspector determines the condition of a structure, whereas an appraiser determines the value of a property.
|Conventional Energy Efficient Mortgages (EEM): Conventional EEMs can be offered by lenders who sell their loans to Fannie Mae and Freddie Mac. Conventional EEMs increase the purchasing power of buying an energy efficient home by allowing the lender to increase the borrower’s income by a dollar amount equal to the estimated energy savings. The Fannie Mae loan also adjusts the value of the home to reflect the value of the energy efficiency measures.
FHA Energy Efficient Mortgages: The mortgage loan amount for an FHA EEM can be increased by the cost of effective energy improvements. The maximum amount of the portion of the EEM for energy efficient improvements is the lesser of 5% of:
VA Energy Efficient Mortgages: The Veteran’s Administration (VA) EEM is available to qualified military personnel, reservists and veterans for energy improvements when purchasing an existing home. The VA EEM caps energy improvements at $3,000–$6,000. Borrowers should ask their lender about a VA EEM at the beginning of the lending process.