If you're looking to buy a HomePath home, whether you're buying your first home or your fifth, the experience can be exciting, confusing, overwhelming and wonderful — all at once! Buying a Fannie Mae-owned home isn't much different. We're here to help you through the process with tools and resources.
Real estate owned (REO) properties can provide a great way to stretch your homebuying dollars, but as with any home, an REO property may be in need of some upgrades to become the perfect home for you and your family. And while it's easy to focus on upgrading a property's appearance, there are a number of improvements that can increase both the health and comfort of a home, and maybe even save you money down the line.
While many people tend to think of energy efficiency upgrades as being environmentally friendly luxuries, the Department of Energy published a report in 2016 which found that even upgrades like basic weatherization led to improvements in mental and physical health.
Here are just a few ways that energy efficiency upgrades can make a difference in your home:
Although some energy efficiency upgrades can seem costly upfront, many of them can be rolled right into your home loan. A HomeStyle Energy mortgage can help you make the energy efficiency upgrades you need to keep your home safe and comfortable for you and your family. Talk to your lender to learn about your options and check out some of the additional resources at KnowYourOptions.com to learn how energy efficiency upgrades, both small and large, can make an impact on your home.