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Updated over 4 years ago,
Question about house with solar panels.
I am looking to purchase a house. The seller has solar panels on his house that he is making a small monthly payment on each month for approximately $135. If I had to pay the panels off which is still around $20,000 it would make this house not a deal. I would not want to Formally assume these payments, because I may sell this property with owner financing in the future and not keep it as a rental only. Has anyone had any experience with taking over the payments of someone else’s solar panel?