We want to buy a house in SoCal which requires taking over a solar lease. They are unwilling to pay it off.
I know owned solar is much preferable vs. leased solar but is a lease takeover really worth killing a deal on an otherwise desirable, well priced, property if the lease terms are not terrible?
Will get exact terms if offer is accepted but was told ~$200 per month. Is a well negotiated lease still better than no solar at all, as long as the calculations show that it will save some money?
Appreciate it makes home resale more difficult but is it a pill that can be otherwise justified swallowing in some circumstances?
Is this impossible to answer fully until the exact terms are known?
Input from those who have a solar lease or took one over, or from realtors who have dealt with this esp appreciated!
EDIT: Would be taking over in year 5 of 25 year lease
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source https://www.reddit.com/r/RealEstate/comments/1rrmszz/solar_lease_takeover/
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