This is news to me, so I will be looking for more information on this topic and will keep you posted. Original post provided by Bob & Richelle Ward. Lori
Lori Cain is a residential Realtor with Chinowth & Cohen Realtors serving the greater Tulsa Oklahoma area, including midtown Tulsa, Owasso, Broken Arrow, Bixby, Sand Springs and Jenks. Please visit Lori's web site, LoriCain.com or call 918-852-5036.
Cash for Caulking This is a rather new item that few people have heard about. We thought it interesting and felt it was something you should know about. President Obama has proposed a program that would reimburse homeowners for installing energy-efficient appliances, windows, and insulation.
Under what has been dubbed "Cash for Caulking," homeowners would get a 50 percent rebate on items like energy-efficient air conditioners, heating systems, washing machines and dryers, refrigerators, replacement windows, and insulation up to $12,000, meaning a household could spend $24,000 and get $12,000 back. There will likely be no income restrictions.
There has been speculation about how this program would pay the rebate - some have suggested that when you purchase an item covered under this program, that you'd only have to lay out 50% the amount of the cost and the retailer would get the other 50% from the government.
Cash for caulking could be a winner - lets hope it becomes more than a proposal!
Bob & Richelle Ward, Realtors, ABR
Prudential Connecticut Realty
www.connecticuthomesforsale.com
Cell - (203) 470-9818
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Lori is a residential Realtor with Chinowth & Cohen Realtors serving the greater Tulsa area and specializing in downtown Tulsa and midtown Tulsa real estate.
Cash for caulking sounds like a good incentive to homeowners to update windows and appliances with a credit at tax time.
Lori, sounds like a great idea. Another way to create more jobs too. ----Gloria
I'm all FOR it. I've heard others at AR who are opposed to it, but this program might help me afford the insulation I've needed in my 80-year+ home! Will post more as I know more!