Energy Efficient Mortgage, Greenpoint Rated & HERS Index: Three Terms to Know When Looking for a Green Home Get

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Just Right Inc wroteon March 10, 2009 at 10:44pm
Sara NovakBy Sara NovakColumbia, SC, USA Mon Mar 09 07:30:00 EDT 2009 happy family photoJustin Horrocks/iStockREAD MORE ABOUT:Energy Efficiency Get Recession-Ready Green Community Green Home Penny PinchingI always try and put some silver lining on our current economic situation but with the economy today, it's gotten harder and harder. In home buying there is certainly a positive for all the laundry list of negatives plaguing the news every evening. There are tons of deals to be had out there if you are lucky enough to have the finances to buy. And when searching for a green home the deals are no less abundant. If you're in search of a green place to lay your head at night here are some terms that you should know according to an article in this month's Yoga Journal Magazine.* Energy Efficient MortgageThis means that if you add the energy savings found by purchasing an energy-efficient home than you can incorporate those savings into the mortgage amount and increase your buying power.* Greenpoint RatedThis is an independent rating of new green homes that is released by green non-profit Build it Green.* HERS IndexThis is a home Energy rating system that determines whether a home is qualified to receive Energy Star Certification.