All Entries Tagged With: "appraisal"
Appraisals Go Green to Account for Energy Costs
Mortgage underwriters generally weigh several numbers when deciding whether a family can afford a new home. They look at income, of course, and tally up expenses in the form of a home’s property taxes, insurance premiums and monthly payments. There is one number they ignore: how much a household spends on its utilities, a figure [...]
Learn how to Leverage Chicago’s Green MLS
Join the USGBC – Illinois Chapter’s Chicago Branch for a presentation on the residential green real estate market We will define what a green home is, talk about implementation on the Green MLS, present some early market research, and talk about valuation and appraisal considerations. The session will apply to both new and existing green homes.
Third-party Certified Green Homes Outsell the Market
In a real estate market such as this, any edge helps. What if your home sold for 9.1% percent more than the competition? Why might a home do this you ask – because it is a third-party certified green home, such as a LEED home. Real estate professionals have anecdotally reported for years that Green [...]
