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Updated almost 4 years ago,
Negotiating solar contingency
I'm in escrow buying a property that has financed solar. After 20 days in escrow, finally got the documents on the solar loan that the sellers want me to assume, and it's 48k, financed for 20 years. The system was installed two years ago, and literally nothing has been paid toward the principal in this time. I'm a little put off that this is another 48k on top of the purchase price that I already negotiated price. So I'm paying for full system with no tax credits as the seller already took them.
Since we are in a sellers market right now, anyone have suggestions on negotiating this contingency?
thanks
D