Just what the U.S. needs. More help from the government. A proposed new law
contains 397 new regulations. One of them would affect almost everyone who buys or sells a home. If Waxman-Markey becomes law, homes for sale that qualify as ‘federally related transactions’ — which is almost all of them — would be required to undergo an environmental inspection. . . .
Compliance with new energy-efficiency standards would make homes, especially older ones, more expensive. Selling one’s home would become even harder than it already is in this down market. . . . The result could be the end of fixer-upper homes.
Related posts:
- Kalifornia to Dictate TVs Sold in CA
- All-American Light Bulb Dims as Freedom Flickers
- Feds Approving Bogus Products as ‘Energy-Efficient,’ Investigation Finds
- Most Phoenix Area Home Sales are at Lower Prices
- Phoenix Valley Homeowners Grasping for Ways to Survive Depressed Home Values
- Phoenix Area Median Home Prices Decline
- Housing Industry Sues EPA over Contractor’s Lead Paint Rule
- Federal Government at Work: Let’s help people buy homes! No, wait. Let’s make it harder. New Rules for FHA mortgages
- Reverse Mortgages: The Elderly Need to Beware of Lenders and Relatives
- ASU Says Phoenix Home Market Driven by Foreclosures
Recent Comments