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Energy Efficient Mortgages for Green Homes.

By
Real Estate Broker/Owner with DMK Real Estate Ct RE Broker 0789963

Energy Efficient Mortgages for Green Homes.

In 2013 Green Homes comprised 23 percent of the overall residential construction market which is equivalent to $36 Billion and predicted to more than double by 2016.

“Green” Mortgages or Energy-Efficient Mortgages, EEM’s allow buyers to finance green home improvement due to the lower monthly utility cost associated with these improvements.

FHA green improvement cannot exceed a 5% of the property value and/or exceed $8,000. VA loans typically add up to $6,000 in energy efficient improvements.

These energy saving improvements also increase the value of your home with some of the features being:

  • Solar Panels
  • Geothermal Heating
  • Tank-less Hot Water Heater
  • Energy Star HVAC systems
  • Energy Star Thermal pane windows
  • Increase insulation

To read more on EEM’s click on links below.

How an energy-efficient mortgage can save you money.

Energy Star ~ Energy Efficient Mortgages.

Energy Saving/Green Home Appraisal FORM.

 

This article has been written by David Popoff.

 

  David Popoff | Broker 

   Direct Line: 203-228-0646 

Website: www.dmkpropertymanagementllc.com

www.DMKrealestate.com

E-mail: DavidPopoffCt@hotmail.com

DMK Real Estate & Property Management is a full service license Connecticut Real Estate Broker firm that serves lower Fairfield County. With lower overhead costs DMK Realty can fulfill buyers and sellers needs locally and on the internet at lower costs compared to the larger national brands.

 

 

 

 

David Popoff is a license Connecticut Real Estate Broker specializing in Sustainability in lower Fairfield County, Connecticut.

 

DMK Property Management llc a locally owned company serving lower Fairfield County, Connecticut.

Specializing in Residential Property Management that can custom tailor a program to fit the homeowners needs be it short term or long term from rental management to full estate management.

Cell 203-228-0646

E-mail DavidPopoffCT@hotmail.com

 

 

 

 

 

Posted by

David Popoff
Connecticut Licensed Real Estate Broker
Realtor® Green
Seller Representative Specialist
Accredited Buyer Representative
candidate
LEED AP Homes

 

DMK Real Estate, Darien, CT.
Cell (203) 228-0646
DMKrealestate.com

 

 

 

DMK Realty, 06820 

 

 

 

 

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Comments (2)

Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

David, 23% is a significant number, Green Homes is still at it's infancy stages, some never even heard of Green Homes before. Builders are moving in the right direction. Great information and post!

Feb 28, 2014 05:59 AM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

The FHA and VA restrictions seem counter productive David.

Feb 28, 2014 07:40 PM