The inclusion of Form 2.13 Wood Stove Addendum is crucial in the sale agreement if the property has a wood stove. The Clean Air Act mandates the Environmental Protection Agency to establish performance standards for all stationary sources of air pollution, including residential wood heaters. In 1991, Oregon passed laws to reduce and prevent air pollution caused by “solid fuel burning devices.” However, this does not apply to cookstoves, antique stoves, pellet stoves, masonry heaters, fireplaces, and central wood-fired furnaces.
Buying Real Estate Investment Property in Sunriver Oregon
Expect a higher interest rate than on a 30 year fixed traditional mortgage loan for a primary residence. Lenders know that you are a homeowner and will be adding to your debt burden. Thus, the lender views you as a riskier loan, the risk factor will cost you a interest rate percentage point or two.