Want to Buy a Home With Solar Panels? What to Know First

Solar panels: They might brighten the prospects of a home search or dim them.

It all depends on the specifics.

But still, by and large, homes on the market aren’t likely to have solar panels.

“They’re not super common – maybe one house out of 30 would have them.”

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That holds true even in the Southwest, an area rich with residential solar systems.

Buying or selling a home with solar panels may be more difficult than many people realize.

What if the house you want to buy has solar panels?

This can be mitigated, of course, if sellers have already paid in full for their solar system.

There are a lot of details and situation-specific issues that could arise.

Buyers can always ask that sellers pay off any outstanding loans as a condition of sale, Adams said.

If not, the panels might need to be removed before the transaction could close.

Again, in cases such as this, the panels create a headache and could complicate a deal.