Melbourne Area Blog

Interesting information regarding selling your home if Cap & Trade passes:

A License Required for your HOUSE?

If you own your home you really need to check this out. At the end of this 
blog is the Google link to verify.  If the country thinks the housing
market is depressed now, wait until everyone sees this; no one will be
buying homes in the future. 

A License will be required for your house...no longer just for cars and
mobile homes....Thinking about selling your house.  Take a look at H.R. 2454
(Cap and Trade bill).  

Beginning 1 year after enactment of the Cap and Trade Act, you won't be able to sell your home unless you retrofit it to comply with the energy and water efficiency standards of this Act. H.R. 2454, the "Cap & Trade" bill passed by the House of Representatives, if it is also passed by the Senate, will be the largest tax increase any of us has ever experienced.

A year from now you won't be able to sell your house... The caveat is (there always is a caveat) that if you have enough money to make required major upgrades to your home, then you can sell it. But, if not, then forget it. Even pre-fabricated homes ("mobile homes") are included. In effect, this bill prevents you from selling your home without the permission of the EPA administrator. 

To get this permission,you will have to have the energy efficiency of your
home measured. Then the government will tell you what your new energy
efficiency requirement is and you will be forced to make modifications to
your home under the retrofit provisions of this Act to comply with the new
energy and water efficiency requirements.

Then you will have to get your home measured again and get a license (called a "label" in the Act) that must be posted on your property to show what your efficiency rating is; sort of like the Energy Star efficiency rating label on your refrigerator or air conditioner. If you don't get a high enough rating, you can't sell. 

Read more:

Cap and Trade: A License Required for your Home
http://www.nachi.org/forum/f14/cap-and-trade-license-required-your-home-4475
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 HR2454 American Clean Energy & Security Act:
http://www.govtrack.us/congress/bill.xpd?bill=h111-2454