Homes that are over 15 years old cost a lot more to operate because energy technology has changed so fast. Nationwide, homebuyers are looking beyond the cosmetic to ensure their property has sufficient insulation, good windows, a reliable heating and cooling system and other current energy technology measures in place. Savvy buyers know that homes with today’s energy technology have a greater resale value, are more comfortable during winter and summer season, and help to control unpredictable energy bills.
Tune-uP is a service that helps people lower their energy bills by identifying cost-effective technology upgrades. Tune-uP is the most detailed and accurate energy inspection available.
In most cases, energy efficiency upgrades pay for themselves in a few years through energy savings.
Yes! A new instrument, the Streamline(k) mortgage, covers small repairs up to $35,000. For conventional loans, it is up to the lender.
Energy improvements are unique because they reduce energy bills thereby increasing disposable income.Financing energy efficiency improvements as part of your home mortgage is the best way to go. You have the advantage of (1) low monthly payments due to a 30-year term and a relatively low interest rate; and (2) interest that is deductible from your income tax. The improvements listed in the Improvements that Save More than they Cost section of the Tune-uP Report will automatically qualify for financing since they increase the value of the house without reducing disposable income.