DC has been considering Property Assessed Clean Energy (known as PACE loans) that allow the cost of solar panels to be put onto real property taxes. This is a way to bring the costs into reach for lower income families and also promotes solar for people that may not stay in their homes long enough to fully recoup the costs. This NY Times article discusses issues that are cropping up between PACE loans and Fannie Mae and Freddie Mac mortgages.
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There are different kinds of mortgage financing options available today. Amongst these are the home equity loans and the cash outhome financing. Both have their set of advantages and disadvantages but selecting the right one for you depends on the methods of accessing your equity without really paying high interest or fees.home financing
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