How the Cap & Trade Energy Bill Will Affect Home Sellers

An Energy Rater conducts an air leakage test by blowing air through the house

Last Friday's vote in the House of Representatives on the Cap & Tax Trade bill contained a surprise gift for home sellers. This new provision would take place at "point of sale", meaning before your home transaction could close you would be required to have an energy audit performed. Similar in nature to a general home inspection, an energy audit would look at the energy inefficiencies of your property. Minimum guidelines would probably be developed to determine pass or fail, and then the … [Read more...]