With funding made available by C.A.R.’s Housing Affordability Fund, the REALTOR®’s Energy Audit Program (REAP) provides a $250 rebate on a Home Energy Rating System (HERS) home energy audit when conducted by a certified HERS rater. A home energy audit helps homeowners identify improvements that can be made to the home to help reduce monthly utility bills. Improving the energy efficiency of the home is a great way to counter rising energy costs and makes homeownership more affordable. To learn more about the REAP Program and get an application for your client, visit http://www2.realtoractioncenter.com/site/R?i=iNU_WNTNUiuJjxe7-4yzlA.. Go Green Lending can assist any C.A.R. member with the rebate application and the Energy Efficiency Mortgage financing.
Thursday, June 30, 2011
Wednesday, June 29, 2011
Tuesday, June 28, 2011
This is one of the hottest topics in the industry. Get on board.
Source: blog.car.org
As winter wanes and the cool rains subside in California, talk of one issue is sure to heat up. Not that anyone needs an excuse. These days, everyone is concerned about global warming, regardless of the season. Anyone who is in a position to do something about it is trying to do their part. Experts rant about it, activists chant about it, and politicians …well, has anyone considered that they may be one of the causes of global warming? (Can you say hot air? And lots of it.) On an individual level... READ MORE
Monday, June 27, 2011
2011 California Realtor Expo!
The Biggest Realtor event of the year will be here before you know it! 2011 California Realtor Expo, September 20-22, 2011 READ MORE
Friday, June 24, 2011
It’s Not Easy Being Green
Check out this article that was in the California Real Estate Magazine. "It's Not Easy Being Green"
Thursday, June 23, 2011
HELP AVAILABLE FOR HOME BUYERS OR SELLERS IN DECLINING MARKET
Pending home sales plummet in April
In regards to the article in the LA Times above...The 11.6% decline in pending house sales from March misses the point. Home prices are lower. Interest rates are still low and lower.
The decline tells us that home owners and sellers don't know about the FHA Energy Efficient Mortgage or the FHA Rehab loans programs. These are the only loan programs that give buyers additional cash at the time of purchase to fix up their homes. Many homes on the market need some attention, but most buyers only consider fixed up houses. The FHA EEM or Rehab loans allow the buyer to fix the house after they purchase it - all in one first montage, at the best available rate.
This expands the number of home a buyer can consider.
Energy Efficient Mortgage allows upgrades of heating, cooling equipment, windows, insulation, water heating - the systems of the house. The Rehab loan program permits 'cosmetic' improvements - like a new kitchen.
If more sellers and buyers used these programs, we would see less decline and a lot more sales of people turning houses into their favorite home.
Wednesday, June 22, 2011
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