NewEnergyNews More: LEASED SOLAR IN REAL ESTATE SALES

Every day is Earthday.

Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

email: herman@NewEnergyNews.net

-------------------

Your intrepid reporter

-------------------

    A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

-------------------

Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • Wednesday, November 18, 2015

    LEASED SOLAR IN REAL ESTATE SALES

    Why leasing solar panels may not be a good idea if you’re planning a home sale

    Jill Chodorov, November 17, 2015 (Washington Post)

    “…[Some] homeowners have learned the hard way that it pays to read the fine print [in solar lease deals. As] solar ¬powered homes come on the market for sale, unexpected issues are bubbling to the surface. What’s more, almost all of the issues are happening to homeowners who lease rather than own the solar panels, which comprise an estimated range of 60 to 90 percent of the market…Explaining solar panels and lease agreements is a new issue for local real estate agents…[and] there are many challenges involved in appraising and selling a home with leased solar panels…The rules [on leased solar systems for FHA loans] are cumbersome and confusing…[Also, solar] companies make it very difficult to buy out a lease agreement in the first five years...[because they don’t want to lose the five-¬year depreciation] on the equipment…[B]uying solar panels is not as expensive as most believe…If you determine that solar would be a good investment, it may be better to purchase now, before the 30 percent federal tax credit expires.” click here for more

    0 Comments:

    Post a Comment

    Note: Only a member of this blog may post a comment.

    << Home