According to NAR research, 65 percent of new home buyers see their home’s energy efficiency as an important consideration.
However, the initial cost of “going green” is still a significant factor in many people’s decisions to purchase energy-efficient home features.
Today’s green-savvy home buyers and sellers have many options. Sellers whose homes meet the EPA energy efficiency standard have a valuable marketing point – EPA studies show that these homes deliver $200-$400 in savings on utility bills per year.
Buyers can use green mortgages that will help them make environmentally friendly improvements to their home. One example is an FHA-insured Energy Efficiency Mortgage (EEM) offered by HUD. Regarding Green Mortgages, the Housing and Economic Recovery Act of 2008, which few realize, contained an incentive in Section 2092 for green mortgages. Green Mortgages have been around since the 1970′s although they have yet to be widely implemented. A good source for more information on green mortgages is http://www.fha.com/energy_efficient.cfm.
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About hankbailey
Member of the Athens Area Association of REALTORS®, Georgia Association of REALTORS®, and the National Association of REALTORS®. I grew up in Athens and graduated from UGA with a BBA from the Terry College. I serve as a Residential Real Estate Listing and Buyer Services through Prudential Georgia, one of the largest real estate companies in the State of Georgia. Working with first time home buyers, step-up buyers, and Relocations in Jackson, Barrow, Oconee, and Athens-Clarke Counties.
http://www.AdvancedPropertyMarketing.com (this is our listing methodology)
http://www.GetJobLossProtection.com (this is an overview of our job loss program)
• Adept at understanding mortgage financing issues, products, and terminology.
• Technical expertise in internet marketing.
• Excellence in establishing trust with clients.
Represents Prudential Georgia Property Management in the acquisition and marketing of properties for lease in the Greater Athens area.
Personal website; www.athensgahomesforsale.com
Member of GA MLS
Member of FMLS
Member Georgia Association of REALTORS®
Member of Athens Association of REALTORS®
Member of the National Association of REALTORS®
Member of the UGA Alumni Association
