The Green House

All information you need for a green house.

Investing in a green home – a wise choice for Canadian soldiers?

Green homes have gained a lot of popularity lately, as the environmental concern also increased among families and people everywhere. A green house is a property designed to be eco-friendly and use building materials, as well as energy and water more efficiently. Although there are not national standards on what makes a green home green, the basic concept is that such a house should conserve water and energy and make use of recycled, sustainable materials, producing less waste. As appealing as this may sound, environmentally friendly homes also tend to be more expensive, reason for which not many people take them into consideration, even though they might want to, especially soldiers or people working in the military, who face the risk of having to relocate before the end of a mortgage term. Considering the special terms and conditions of a mortgage for Canadian soldiers, the question becomes whether or not it is wise for them to invest in a green home.

Well, the costs of such an investment are surely higher than buying a regular house, but any decent broker that specializes in mortgage for Canadian soldiers will tell you that there are tax reductions for homeowners who invest in green homes, not to mention that there are certain banks or financial institutions that provide “green home loans”. To that extent, these deductions and favorable circumstances should be taken into account before deciding whether or not the investment is sensible. Not only that, but even if you have to relocate before the end of the mortgage term, your investment is not in vain, as there is still a green house on the market and you will be able to sell it at a higher market price, possibly even covering any penalty fees that the government doesn’t already cover. Furthermore, if you decide to look for an eco-friendly house at your new destination as well, then you would be promoting the green homes trend, which can only be beneficial for the environment over all, an example worth following.

 

All things taken into account, just because you or one of your family’s members works in the military and faces the risk of government relocation at any given time doesn’t mean that you cannot afford or that you shouldn’t invest in a green home. It all comes down to finding the best solutions and the most suitable options, which means you have to be very careful in choosing the mortgage broker to work with. It is essential that you select the services of a broker specialized in mortgage for Canadian soldiers, in order to benefit from special terms and conditions, higher flexibility and the best possible advice in the field. A thorough market research, including within the online environment, should help you find the right broker or brokerage firm for you, but you need to take the time to carefully analyze your options.

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