Energy costs to impact appraised home values and mortgage qualification standards

According to an L. A. Times article, a recently introduced bill will require Fannie Mae, Freddie Mac, and FHA to consider energy costs of homes when underwriting loans.  It will also require home appraisals to account for the energy efficiency of homes.

Read the LA Times article here:  “Factoring energy efficiency into a home’s value.”  Read my earlier blog on the value of energy efficiency here: “Value of an Energy-Efficient House.”

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About S. Onder Kustu, MBA

Real Estate Broker at Boomerese Realty and Structural Engineer at OAK Structural.
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