Solar Panels on Foreclosure

[Joe Onorato]

Question for everyone in the forums. What is your experience with solar panels and how the bank handles them? I'm assuming these would be a lien on a property like any other lien? The only reason I ask, is they don't seem to be being handled that way, but it could just be the rep I'm dealing with at the solar company.

Currently under contract on a property from Auction.com and there are solar panels. The company is Vivint. I was wondering your experiences if any when dealing with solar. We are at the finish line and obtaining the UCC release, and I'm not sure if the rep for Vivint is just not used to investors or what, but he's making it seem like we are assuming responsibility for the payments of the solar? He mentioned purchasing the panels or prepayment of the power.

If you need more information I'm happy to share but just curious as I'm expecting a ton of foreclosures over the next 3-5 years having solar, so this is my first experience with these. Thanks all in advance!