Wednesday, March 31, 2010

Appraisals of Green Homes lagging

Green (energy-efficient) technology is the hottest thing in the home construction industry, but unfortunately, the next "green home" built may not be as green as it could be. Lenders and appraisers seem to be having problems wrapping their mind around the benefits of being green.

As awareness of the benefits of green technology spread, home appraisals should start to catch up on the value of green technology. But it'll take time. So if you're looking at buying a home with extensive green technology, now is probably a good time as they're undervalued.

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