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Are solar loans a problem when you sell your house?

Friday, 17 January 2020 by Gary Kent
Question: “I’ve heard that those solar loans are a problem when you sell. Is that true?” Answer: Yes, most if not all solar loans (often called HERO or PACE loans) are a problem unless your buyer is paying cash. That’s because they won’t go “junior” to a buyer’s new loan, meaning the solar loan stays
ask gary kenthome loansan diego home financingsolar
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  • Published in Q&A - Home Financing Questions
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How much does solar add to the value of your home?

Friday, 13 September 2019 by Gary Kent
Question: “I was looking at a home and the owner was there and said because he had solar panels his home value went up over $70,000. That can’t be true, can it?” Answer: Not a chance. He was referring to a 1998 Appraisal Journal study, often attributed to Wells Fargo. It says that for every
ask gary kentsan diego home buyingsolar
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  • Published in Q&A - Home Buying Questions
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Is solar a good idea if I’m planning to sell my San Diego home?

Friday, 17 May 2019 by Gary Kent
Question: (This question isn’t exactly about “investing”, but…) “A guy from a solar company just came by saying they work together with California. He wanted to find out if our home would qualify for SOLAR. At no cost to the owner. What do you know about this, given that we’ll be selling the home? Should
ask gary kentsan diego real estate investmentsolar
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  • Published in Q&A - Home Investing Questions
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