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Cash for Caulking

Reblogger
Real Estate Agent with Century 21 New Millennium 636665

I found this interesting and I thought I should share it.

Original content by Bob and Richelle Ward, Realtors RES.0761631

Cash for Caulking  This is a rather new item that few people have heard about.  We thought it interesting and felt it was something you should know about.  President Obama has proposed a program that would reimburse homeowners for installing energy-efficient appliances, windows, and insulation.

Cash for CaulkingUnder what has been dubbed "Cash for Caulking," homeowners would get a 50 percent rebate on items like energy-efficient air conditioners, heating systems, washing machines and dryers, refrigerators, replacement windows, and insulation up to $12,000, meaning a household could spend $24,000 and get $12,000 back. There will likely be no income restrictions. 

There has been speculation about how this program would pay the rebate - some have suggested that when you purchase an item covered under this program, that you'd only have to lay out 50% the amount of the cost and the retailer would get the other 50% from the government.

Cash for caulking could be a winner - lets hope it becomes more than a proposal!

Bob & Richelle Ward, Realtors, ABR
Prudential Connecticut Realty
www.connecticuthomesforsale.com
Cell - (203) 470-9818

 

Posted by

Century 21 New Millennium

Chris Hill  Chris.hill@c21nm.com

301-862-2169 (Work) 410-610-9032(Cell)  301-862-2179 (Fax)

Comments (3)

Paul Guenther - WFG Title
WFG NATIONAL TITLE INSURANCE COMPANY - Flagstaff, AZ
The Extra Mile Is Part Of My Regular Route!

Chris,

 Great repost.  This sounds like an exciting program, I can see the long term benefits, but wonder about the cost

Dec 13, 2009 12:29 AM
Morgan Evans
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

If you would only have to put up half of the upfront costs that would be amazing, I could see the psychology of that type of arrangement working wonders, its a half off sale.

Dec 13, 2009 12:29 AM
Bernadine Hunter, SFR, ACRE
Keller Williams Greater Columbus Realty - Pickerington, OH
"Finding Solution to Your Real Estate Needs"

Once you have more information, could you please provide us with an update?

Dec 13, 2009 12:30 AM