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Unique situation: How to structure offer on house with newer solar PPA?

Looking to put an offer on a house listed at 600k.

  • The house has a Solar PPA which started in 2021 and runs 25 years.

  • Seller has the option of transferring to agreement to us, or prepaying the remaining 21 years (likely 30k or so). The PPA allows the home owner to buy the solar panels at year 5, but you get zero federal/state incentives and the "offer" is always insulting.

  • We've asked the seller we would like them to pay off the PPA early so we don't have to deal with it, plus it prevents us from ever putting up solar ourselves to get the federal/state rebates, plus just deal with the panels on the house overall.

Assuming the solar PPA prepay is 30k, what is fair in terms of the offer adjustment?

  • Ask the seller to eat the entire cost?
  • Offer to cover half and add 15k to the offer?
  • Offer to cover a smaller portion since it's not really our burden we signed up for?
  • Adjust the offer by 30k and just prepay ourselves once transferred?

Would love some feedback on this unique situation.

submitted by /u/TheonRenly
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1cx4c23/unique_situation_how_to_structure_offer_on_house/
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