 Solar on Foreclosure roof (by Ken [NY]) Jan 15, 2019 10:58 AM
 Solar on Foreclosure roof (by Robert,OntarioCanada [ON]) Jan 15, 2019 11:35 AM
Solar on Foreclosure roof (by Tom [FL]) Jan 15, 2019 11:43 AM
Solar on Foreclosure roof (by Frank [NJ]) Jan 15, 2019 12:31 PM
Solar on Foreclosure roof (by Johnny B. [MA]) Jan 15, 2019 1:04 PM
Solar on Foreclosure roof (by myob [GA]) Jan 15, 2019 1:30 PM
Solar on Foreclosure roof (by 6x6 [TN]) Jan 15, 2019 5:08 PM
Solar on Foreclosure roof (by myob [GA]) Jan 16, 2019 5:22 AM
Solar on Foreclosure roof (by 6x6 [TN]) Jan 16, 2019 8:53 AM
Solar on Foreclosure roof (by Nicole [PA]) Jan 16, 2019 9:58 AM
Solar on Foreclosure roof (by 6x6 [TN]) Jan 16, 2019 10:58 AM
Solar on Foreclosure roof (by myob [GA]) Jan 17, 2019 6:18 AM
Solar on Foreclosure roof (by Ray-N-Pa [PA]) Jan 19, 2019 10:21 AM
Solar on Foreclosure roof (by Ken [NY]) Posted on: Jan 15, 2019 10:58 AM
Message:
I will be going to a foreclosure auction next week,there are solar panels on the roof.If I buy this house does anyone know where I stand with the solar company?I assume they cant make me leave it there if I don't want it but can they come remove it and where would I stand with holes in the roof? can I make them repair it or be responsible for it? --72.231.xxx.xxx |
Solar on Foreclosure roof (by Robert,OntarioCanada [ON]) Posted on: Jan 15, 2019 11:35 AM
Message:
You have no contract with solar company where can return the solar panels to the company. It is possible since the hardware is there can buy solar panels along with other equipment then the house will continue to use solar panels. Solar panels are dropping in price. There are videos on You tube how solar panels. --76.64.xx.xx |
Solar on Foreclosure roof (by Tom [FL]) Posted on: Jan 15, 2019 11:43 AM
Message:
At this point the solar panels could be owned by the delinquent owner. However if there is a contract on the solar panelsand they are rented then have the company remove them. Before they remove the panels check the attic for leaks.
I would think the best method to repair the holes IF they take the anchors; is the easy out is fill the holes with roof type caulking. However this could be a temp fix. Each area that has a hole should be replaced with a new shingle, this will be the proper fix.
However, you're going to buy the foreclosure and most likely flip it. Then let the new owner deal with the solar panel they may keep the panels and decide to use them. --99.56.xx.xx |
Solar on Foreclosure roof (by Frank [NJ]) Posted on: Jan 15, 2019 12:31 PM
Message:
Aren't installed solar panels now considered a fixture [like furnace/AC/etc. that's goes with the house? --74.105.xxx.xxx |
Solar on Foreclosure roof (by Johnny B. [MA]) Posted on: Jan 15, 2019 1:04 PM
Message:
Some solar companies file a lien on the property until the panels are paid off or the property owners obligation is completed. Not sure how this factors into a foreclosure but it’s something to consider. The contracts usually have a fee stated if the owner wants the panels removed. --166.137.xxx.xx |
Solar on Foreclosure roof (by myob [GA]) Posted on: Jan 15, 2019 1:30 PM
Message:
It's a foreclosure sale they will belong to bidder. Take them off and sell on ebay or Craigslist. --99.103.xxx.xxx |
Solar on Foreclosure roof (by 6x6 [TN]) Posted on: Jan 15, 2019 5:08 PM
Message:
Why not leave the solar panels and sell as an efficient home or rent that way? would it not bring more money and save you time and trouble? does the utilities company buy back the electricity? --73.120.xx.xxx |
Solar on Foreclosure roof (by myob [GA]) Posted on: Jan 16, 2019 5:22 AM
Message:
Johnny B the company's with liens have a right to bid on foreclosures to protect THEIR interest. Sales are cash on the court steps. Same with Mort co.s they bid what they are owed - when others bid higher in most case they stop bidding and wait for the cash from the sale.
6X I hold property's-- the less clutter in and on the property the less "maintenance" I need to do. I take out refrig's, unnecessary shelving, disposals. Get rid of anything and everything they could break or cost me $ to fix. --99.103.xxx.xxx |
Solar on Foreclosure roof (by 6x6 [TN]) Posted on: Jan 16, 2019 8:53 AM
Message:
Thank you myob --73.120.xx.xxx |
Solar on Foreclosure roof (by Nicole [PA]) Posted on: Jan 16, 2019 9:58 AM
Message:
a few years ago Pennsylvania was offering some type tax credits if you got solar panels. A lot of folks bought into how it would not only save them money on their personal bills but also that the utilities would buy their excessive electricity at great monetary returns. I believe they all do save the money on their personal bills ...the buy back windfalls didn't happen because of how cheap utilities have been.
Anyway, the folks who did that took out mortgages on their properties to pay so they own the panels ...just have an extra pesky mortgage on their house.
New York also offered some type tax deal about 10 years ago. Double check there isn't a 2nd mortgage recorded. --72.70.xxx.xxx |
Solar on Foreclosure roof (by 6x6 [TN]) Posted on: Jan 16, 2019 10:58 AM
Message:
Thank you Nicole. It is interesting to learn the buy backs did not happen. --73.120.xx.xxx |
Solar on Foreclosure roof (by myob [GA]) Posted on: Jan 17, 2019 6:18 AM
Message:
Nicole even if there is a 2nd that lien holder has a right to bid to protect their interest-- if they don't bid it up to cover their second -- and the property is sold for less-- THEY lose.
In foreclosure sales everyone owed money can bid the price up to cover their amount. --99.103.xxx.xxx |
Solar on Foreclosure roof (by Ray-N-Pa [PA]) Posted on: Jan 19, 2019 10:21 AM
Message:
What type of foreclosure auction are you attending? It might be worth wild for you to do a title search on the place so you know if there was ever a lien filed on the place --72.23.xxx.xx |
Reply:
|
|