GREEN COMMUNITIES

The homeowner should ask questions to the appraiser to verify they are qualified or be replaced by a registered green appraiser. This is an important distinction that is commonly overlooked which could lead to a valuation dispute and thereby effect the green mortgage application. A properly documented green appraisal will effect the amount the homeowner can borrower. As green building now has its own dedicated specialized green mortgage financing offering financial benefits and incentives. The green mortgage underwriting "stretch ratio" allows a borrower to borrow a larger mortgage amount using the same amount of monthly income. Thereby the compatible green mortgage financially compensates the borrower for purchasing a 3-5% higher cost green home. A complete forgotten afterthought for the last 20 years. No a green home does not cost more to own... This false perception leads to public confusion as what constitutes certified green building and leads to false green washing claims. There..

Also known as: green appraiser