Friday, October 15, 2010

Energy Efficicent Mortgage EEM'S What's That?

EEM! Whenever I say that acronym to people in the real estate industry they just look at me with this sort of glazed OK what's that? look. When I tell them it's an FHA backed Energy Efficient Mortgage they say "really is that a new program?"....side note FYI..that same response happens just as much with the loan officers I speak to as well.
No EEM's are not new. In fact, they have been around since 1995 or 15 years yet the people who could take advantage of them the most are the one's that know the least about them. Good ole government put a good program out there and don't tell anyone about it...Kind of like the Lead Base Paint law everyone in the real estate industry has herd of it in the last 10 months because the government decided to start enforcing it only some 20 years later. Yep! it's been a law on the books for that long.
EEM's are a huge tool and if your a realtor or a loan officer and you don't know about EEM get educated.
If you live in the Dallas/Fort Worth. The company I work for will give a free presentation to you or your whole office about EEM's and how you can profit from them. 411 Energy Experts

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