

2,231,519
I have not Michael J. Perry
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Peter Testa
Danbury, CT
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
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Allie Angeloni
Oro Valley, AZ
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Anthony Acosta - ALLAT...
Atlanta, GA
2,619,139
Buyers who want to purchase a home with leased solar panels have to be qualified to take over the lease as well as their mortgage/etc. That can cause problems, yes. Especially if the seller refuses to take care of the issue.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Debe Maxwell, CRS
Charlotte, NC
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Mary Yonkers
Erie, PA
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Allie Angeloni
Oro Valley, AZ
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Nina Hollander, Broker
Charlotte, NC
425,353
Many. Older solar panels have a shelf life. Solar requires maintenance. How to verify Seller/Owner maintained properly? The lease may or may not be assumable. Panels not included in appraisal value. Installation quality varies GREATLY and can make a roof leak if done improperly.
I have solar and love it but I'm handy and check the panels, batteries and storage area regularly.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
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Candice A. Donofrio
Fort Mohave, AZ
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Allie Angeloni
Oro Valley, AZ
785,430
I've heard it was a plus but when we had a listing with them we thought feedback was generally negative. It brings a lot of questions/concerns to buyer's minds & the main reason was it highlighted the fact that the owners had expensive Electric Heat.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
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Allie Angeloni
Oro Valley, AZ
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Anthony Acosta - ALLAT...
Atlanta, GA
5,185,223
No. The are not very popular in my market.
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
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Allie Angeloni
Oro Valley, AZ
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Peter Testa
Danbury, CT
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Nina Hollander, Broker
Charlotte, NC
5,562,708
Sorry, I can't help you - solar-panelled home sales are so few and far between here, Michael! The leased ones are the problem - not the ones that are purchased and convey with the home.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Allie Angeloni
Oro Valley, AZ
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Anthony Acosta - ALLAT...
Atlanta, GA
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Peter Testa
Danbury, CT
6,775,772
Leased panels can be a problem.
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Bob Crane
Stevens Point, WI
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Allie Angeloni
Oro Valley, AZ
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Debe Maxwell, CRS
Charlotte, NC
1,547,124
YES!!! Dealing with a leased/liened one on a property some clients of mine are buying. Looks like it will add over two months to the escrow to get it cleared off! Fully purchased ones wouldn't be a problem.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Allie Angeloni
Oro Valley, AZ
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Debe Maxwell, CRS
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
1,231,903
Not enough sun in Erie to warrant lease or purchase solar panels. Let us know what you learn, Michael J. Perry
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Anthony Acosta - ALLAT...
Atlanta, GA
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Peter Testa
Danbury, CT
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Debe Maxwell, CRS
Charlotte, NC
291,019
Not yet Michael J. Perry, though that could be a reality, because there are many variables in place with Solar Panels. In our community, some lease and some purchase. If you are financing, you will get to finance the house and the Solar Panels, so there is the 'qualifying twice' scenario. If you are paying cash, then you just have to 'qualify once', provided you want the Solar Panels to stay. If they are removed, is the roof damaged. Is the contract regarding the Solar Panels transferrable. There are variables . . .
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Anthony Acosta - ALLAT...
Atlanta, GA
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Peter Testa
Danbury, CT
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Debe Maxwell, CRS
Charlotte, NC
8,246,323
Leases or debts need to be resolved before the settlement.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
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Allie Angeloni
Oro Valley, AZ
400,887
Great question! I am interested in the answers. Some neighbors in our HOA are requesting approval from the board and this will be good information to pass along to consider as well.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
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Allie Angeloni
Oro Valley, AZ
5,397,606
I have not personally had experience with solar panels, but I do understand issues arise in the financing side.
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Peter Testa
Danbury, CT
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Mary Yonkers
Erie, PA
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Allie Angeloni
Oro Valley, AZ
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Anthony Acosta - ALLAT...
Atlanta, GA
5,585,039
in my area, no one wants to pay for them..... we have very few of them..... this is blizzard country!!!! we have 3 months of summer....
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Michael J. Perry
Lancaster, PA
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Debe Maxwell, CRS
Charlotte, NC
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Nina Hollander, Broker
Charlotte, NC
5,567,173
Have not listed anything with purchased or leased solar panels yet! Probably would not purchase a property with leased panels.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
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Nina Hollander, Broker
Charlotte, NC
1,120,139
They are slowly becoming more popular here but still few and far between so I have not been involved with them yet.
Caroline Gerardo gave a great answer.
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Allie Angeloni
Oro Valley, AZ
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Anthony Acosta - ALLAT...
Atlanta, GA
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Peter Testa
Danbury, CT
2,719,273
No, but I am aware of the legal consequences and the expense of buying out or paying off the lease.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Allie Angeloni
Oro Valley, AZ
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Debe Maxwell, CRS
Charlotte, NC
2,875,154
As long as they are functional and installed correctly...no problems in selling
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
2,191,705
No, despite living in sunny Florida, we don't seem to have to many of these.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Debe Maxwell, CRS
Charlotte, NC
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Mary Yonkers
Erie, PA
3,074,766
Leased? yes - for others - not for us...yet
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Allie Angeloni
Oro Valley, AZ
1,269,775
Lease panels are given away. Have 1 new system installed by the builder under a heritage monster tree.... Effectiveness is ???
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Debe Maxwell, CRS
Charlotte, NC
1,114,513
EXCELLENT Q. I like Caroline's answer, and would add that a qualified inspector should go over them during the buyer's inspection period.
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Allie Angeloni
Oro Valley, AZ
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Debe Maxwell, CRS
Charlotte, NC
1,658,268
Surprisingly, we do not have many properties with solar panels in Sunny CA. The possible issues come in each individual transactions, but nothing so far we could not find a solution to.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Debe Maxwell, CRS
Charlotte, NC
921,504
Leased yes.
Purchased no. The problems here are more related to remaining life of roof than about the panels.
IN the instance of leased, the seller had to pay out the lease. And sometimes had to remove the system. The pay off, based on vendor, included loss of potential revenue.
NO ONE raised objection based on aesthetics of the installation. Or those that did find aesthetic issues simply walked on by.
They all loved looking over the historic utility bills.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Peter Testa
Danbury, CT
4,322,295
Michael J. Perry - I had one such sale of my listing and it went smoothly.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
1,713,581
Strangely enough I have never been involved with a home that has solar.
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Mary Yonkers
Erie, PA
1,466,257
937,158
They have been pushing them in this area, and offering all kinds of tax incentives, but they still aren't that desirable. I've never had a problem with them whether buying or selling.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
6,058,643
Many buyers do not want the lease of solar panels, so it does impede some sales. Sellers who have paid them off think their homes are worth more, and appraisers say they are not worth anything.
4,434,277
3,224,882
3,988,144
I have only seen a half dozen homes in my area with panels so I have never sold a home that had them.
2,707,832
3,986,529