Originally posted by @Caroline Gerardo:
1. Some people are afraid of ELF EMF from power lines - nothing solid about it in Medical journals ... read a little.
2. They are ugly and not likely to be put under ground without huge costs
3. In California 'ya know PG&E downed power lines caused fires.
So there's those three things to ding the value.
You won't know what is owed on the solar until you get payoff and solar contract. Solar gets outdated in five years. You need to know what exactly is there and if it has value (the contract, the person's electric bills past two years, and an inspection of the batteries/panels/and roof). Let the seller pay it off.
No idea if your offer is good what is list price? Provide lender APPROVAL subject only to appraisal and keep the contract offer really short like 20 days,
Thanks for the quick reply, they were able to tell me how much was left on the solar around $20,000.
https://www.zillow.com/homedet...
This is the house in question ^ It is listed at 800k.
I want to offer $780k or $790k with the option that seller must pay off solar prior to closing. They were able to send me what the solar produced and it was around $200 in electricity a month.
Some problems when I saw the house were that, the master does not have a bathroom in it, there is little to no backyard, the garage was converted into a room and its not permitted, the house is also on a main street.
What do you think this house is worth knowing that?
