Solar Panels on Foreclosure

27 Replies

Good afternoon all, sorry for disappearing for a few days. Just wanted to fill everyone in on the process as all of you have been very helpful. We go to settlement tomorrow and I'm pleased to announce that after much fight we've purchased the unit outright from the solar company. It took me bringing in a roofing expert to document how the roof should be repaired, telling the solar company there's no way they feel like coming out to remove this system and repair to livable standards etc. We purchased the system at a substantial discount and also got the transferrable warranty. 

The only unfortunate situation is that the SRECS do not transfer over. Definitely a nice learning experience for future transactions. Thanks again for everyone's help! I'm happy to answer any questions on how we went through the process and negotiation. 

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