Fannie Mae, Freddie Mac, and FHA guidelines require appraisers to take the energy-efficient features of a home (like a solar system installation) into account in the appraisal.

This property has a solar or other energy efficient system. We will be providing you with a supplemental Pearl Certification report that will provide additional information on the solar system and related market data for your review and consideration. The report includes:

  • Letter to the Appraiser
  • Pearl Certification Report with the solar specifications
  • Appraisal Institute Green and Energy Efficiency Addendum with specifications
  • Appendix C of Pearl’s report, with a Discounted Cash Flow table to provide additional support/documentation 

At the following link you will find a short video tutorial on the Pearl Certification Report and how it can aid in the appraisal process:

 


****Don’t forget to reference our
Quick Tips for Goodleap appraisal assignments****

About Pearl Certification

Pearl’s Certification standards are based on International Energy Conservation Code and ENERGY STAR® standards. Pearl Certification is an ENERGY STAR partner, and its certification system is recognized and approved by the U.S. Department of Energy for its Home Performance with ENERGY STAR program.

Pearl Certification provides appraisers with resources and tools to maximize their success with appraising these special properties:

  • The Pearl Solar Equity Calculator to accurately and more easily appraise homes with solar system installations
  • The Pearl Appraiser FAQ with answers to many solar related questions
  • The Pearl Appraiser Checklist to ensure assets like a solar system installation are unaccounted for
  • An Appraisal Institute Green and Energy Efficient Addendum (completed by Pearl)

The information and materials included on this webpage or linked to from this webpage are for informational and educational purposes only and shall not be construed as legal advice or used for regulatory compliance purposes. Valuation Connect, LLC is not affiliated in any way with Pearl Certification and is not responsible for the content.