Showing posts with label Residential Solar PV System. Show all posts
Showing posts with label Residential Solar PV System. Show all posts

Monday, February 6, 2012

GoGreen Lending™ - You Don't Need To Compromise On Location!



Home Buyer: Are You Frustrated with Fixer-Uppers?
The GoGreen Lending Hybrid Loan Program™ is a unique combination of Energy Efficient and Rehab mortgage loans that gives you the purchase money, plus:
  • Up to $15,000 for Green energy efficient upgrades and kitchen appliances.
  • Up to $35,000 for cosmetic repairs, home improvements and upgrades.
  • Substantial energy savings, tax credits and utility rebates
  • FHA 203k Loans - Energy Efficient Mortgages (EEM Loans) - Solar Panel Loans

It's the CURE for the Power Hogs and Cosmetic Dogs on the market today! (more…)

Friday, September 2, 2011

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."