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Going Green in 85024 : Real Estate Advice

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  • Home Buying5
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Activity 1
Wed Nov 12, 2014
Rob Madden answered:
The simple answer is no. Since solar leases only allow you to lease the panels, they are not considered a fixture of the property. However, Phoenix area statistics for solar resale homes show that homes with solar leases actually sell 25% faster than the market average in third quarter of 2014. Most solar companies, including SolarCity, have a multitude of options for buyers to assume the solar lease with little to no hassle...typically if a buyer can qualify for a mortgage, they can qualify for a lease, especially considering that 75% of all solar home sales in the Phoenix area involve mortgage financing. With 100 or so solar home sales a month on average, lease transfers are not an issue. You can find the whole range of information and solar statistics for the Phoenix area at ... more
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