Here’s the translation into American English:
—
The purchase of a home is a crucial moment that involves multiple responsibilities and adequate preparation. In this context, real estate specialists emphasize the need to avoid signing the earnest money contract without first obtaining the energy efficiency certificate of the property. This document, which must be provided by the seller, details both the energy consumption of the home and the carbon dioxide emissions it generates.
The energy efficiency certificate is not only a legal requirement but also significantly influences the property’s valuation. Properties with better energy ratings tend to be more attractive to buyers, often resulting in a higher market price. However, the absence of this certificate may lead to a depreciation in the value of the home and, additionally, to higher future expenses from increased energy bills.
Experts warn that signing an earnest money contract without this document can lead to serious problems. If the property does not meet the necessary efficiency standards, the buyer may face unexpected costs for rehabilitating the property or high energy consumption that could impact their long-term finances.
On the other hand, lacking the certificate can complicate the financing process, as many banks require this document to assess risk before approving a mortgage.
In light of this situation, prospective buyers are advised to educate themselves properly and assert their rights. Before committing, it’s essential to request and carefully review the energy efficiency certificate. Current regulations state that if the owner does not present this document at the time of sale, they may face administrative penalties.
In summary, buying a home is a process that requires caution and knowledge. Ensuring you have the energy efficiency certificate before signing the earnest money contract is a fundamental step to avoid future problems, thereby ensuring a safer and more sustainable purchase.
Referrer: MiMub in Spanish
