Austin Energy Audit Program starts June 1st, are you ready?
Here it comes, ready or not. The Austin Energy Audit
program. It will apply to all homes serviced by the Austin Utilities Company. The short and sweet of it is.. if your home is 10 years old or older, you must supply the buyer with an Energy Audit Report.
This report will be similar to a HER report, it will have to be conducted by a certified inspector who is licensed by the City of Austin. It will have a cost attached to it of
somewhere from $200-$400. I will check on that and update it as I can.
The seller of a residential home must supply the Audit to buyers, the sellers are not responsible for doing any repairs mentioned or suggested on the Audit. It will not replace a Sellers Disclosure, the Audit is in Addition to a Sellers Disclosure.
There are some exceptions to the Audit requirement, it does not apply to Foreclosures, Short Sales that have been approved by a bank or lender, a sale in probate or a sale to a relative in the same family. (other exceptions or exemptions can be found on the website).
Get ready home owners, if your home is more than 10years old you will need this Energy Audit before you sell your home. Yes if it is under contract now and scheduled to close on or after June 1, 2009 you must have the audit to
give to the buyer BEFORE YOU CLOSE THE TRANSACTION, or be prepared to face a fine up to $2,000.
Here it comes, ready or not. The Austin Energy Audit
program. It will apply to all homes serviced by the Austin Utilities Company. The short and sweet of it is.. if your home is 10 years old or older, you must supply the buyer with an Energy Audit Report.This report will be similar to a HER report, it will have to be conducted by a certified inspector who is licensed by the City of Austin. It will have a cost attached to it of
somewhere from $200-$400. I will check on that and update it as I can.The seller of a residential home must supply the Audit to buyers, the sellers are not responsible for doing any repairs mentioned or suggested on the Audit. It will not replace a Sellers Disclosure, the Audit is in Addition to a Sellers Disclosure.
There are some exceptions to the Audit requirement, it does not apply to Foreclosures, Short Sales that have been approved by a bank or lender, a sale in probate or a sale to a relative in the same family. (other exceptions or exemptions can be found on the website).
Get ready home owners, if your home is more than 10years old you will need this Energy Audit before you sell your home. Yes if it is under contract now and scheduled to close on or after June 1, 2009 you must have the audit to
give to the buyer BEFORE YOU CLOSE THE TRANSACTION, or be prepared to face a fine up to $2,000. 
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