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Energy Efficiency Can Help You Get a Home
Abstract
It is a little known and seldom used financing tool, but Energy Efficient Mortgages (EEMs) can increase your buying power when looking for a home. An EEM takes into account that the true cost of owning and living in a home includes utility bills. Living in an energy efficient home should free extra money to go toward mortgage payments, says Leona Hawks, Utah State University Extension housing specialist.