Tip of the Week: You can get an FHA 203K Rehab Loan and combine the Energy Efficient Mortgage with it!

Tip of the Week: Every FHA Loan is allowed to have an Energy Efficient Mortgage added to the loan.

VALUATION FOR RESIDENTIAL SOLAR PV - FINALLY

FHA has a little-known guideline to value residential for solar PV installations (and even wind). Homeowners, appraisers, lenders and real estate professionals would do well to look it up. To encourage the growth of solar power, HUD has a formula for establishing an appraised value on a residential solar PV system. An appraiser must first see if other homes with solar PV are within the market area. If no market data can be found, FHA permits "the amount of increase which would be paid for a property with a solar system would be the lesser of the actual cost of the solar system installed in the subject house or 20 percent of the market value of the property." 

Energy Upgrade California

Energy Upgrade California is an innovative program for homeowners to improve their home’s energy efficiency, save water, lower utility bills and create a healthier and more comfortable home. Energy Upgrade California connects homeowners with Participating Contractors READ MORE

Tip of the Week: NAR Buyer Survey

Sunset Designers & Builders

Looking for a good Landscaping and pool contractor?

John Zahn of Sunset Designs & Builders is a very professional contractor specializing in hardscape and pool improvements.

See some of his work on his website.  What I like about him is he responds to calls quickly, shows up on time to appointments and takes the time to help you make decisions.  If you ever want to see a dream back yard, ask John Zahn to give you a personal tour of his home.  You will be amazed.

Real Estate Marketing & Networking

In Long Beach, CA Realtors meet at Khoury’s Restaurant on Thursday mornings at 8:00 AM for a Real Estate marketing session. Aside from the fantastic water view, the networking is the best in town. We share information on the latest regulations and opportunities in the industry and more importantly business. One Realtor, Leslie Stonick of Coldwell Bankers, has shown an interest in the GoGreen Lending Hybrid program for the REO properties she specializes in. She specializes in REO properties in the Greater Long Beach area and with her assistant Susan, they are a dynamic profession team. Find out more about Leslie and the Go Green Lending Hybrid loan program to make your next home purchase a turnkey home and energy efficient.

Direct-Gain Passive Solar

At Go Green Lending we offer Energy Efficiency Mortgages, EEM’s and 203ks financing for home purchases and refinancing. Another added value is the experience and understanding of sustainable strategies for your home. Many believe that going green is expensive, however; once you understand what a going green or better put, sustainable strategy is or can be, you begin to realize it is not expensive as most think and basically is more about product selection. A great example is the purchase of “Dual Pane Windows” or “Low E” windows. Here is a great article explaining how solar heat gain is used to capture heat in a home for the cooler evenings. Keep this is mind when ordering your new windows especially those on the south side of your home.

By Alex Wilson of BuildingGreen, Inc.

Direct-gain passive solar systems rely on south-facing windows to bring solar energy directly into a house. Sunlight is absorbed by materials in the house (the floor, walls, furniture, etc.), which warm up, store some of that heat, and re-radiate it back into the room, warming the space. Read More

Tip of the Week: 70% of all homes were built prior to 1980