Quote:
Originally Posted by villagetinker
Be very careful, and DO NOT sign any contract with any company for solar, there are some that low ball the cost, and then stick you with a nasty contract AND put a lien on your house, and the real kicker, if you go to sell the house the NEW owner must take over the lease.
If I was going to go solar, I would self-finance only.
As noted above there are several threads on this subject, general opinion was do not do it.
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The new owner doesn’t have to assume the lease and most transactions will require you to pay off those leases before they can sell the house. There are/were a couple of houses in the villages for sale that can’t sell because their solar panel contracts/leases have to be paid off 1st and 1 of the families have a $75k cost and they don’t have the money to pay it off.
Just like a lien, they have to be paid off before the residence can be sold