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Rashid Khalil
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need real estate lawyer in Columbus Ohio area

Rashid Khalil
Posted Feb 18 2024, 21:09

Buying a house with Solar installed on lease solar company wasn’t paid for 6 months by seller and is now refusing to accept back payment to reinstate the service and remove the lien. The Solar Company is demanding full payment of 35000 to remove the lien and allow title transfer. SOS website shows lien is attached to solar equipment only but the lender is requiring to deal with the solar lien for title transfer.

my idea;

transfer lien to surity bond ---------------go through mortgage and title transfer -----------------------transfer back lien to property or panel discharge.

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James Wise#1 Buying & Selling Real Estate Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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James Wise#1 Buying & Selling Real Estate Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied Feb 19 2024, 04:55
Quote from @Rashid Khalil:

Buying a house with Solar installed on lease solar company wasn’t paid for 6 months by seller and is now refusing to accept back payment to reinstate the service and remove the lien. The Solar Company is demanding full payment of 35000 to remove the lien and allow title transfer. SOS website shows lien is attached to solar equipment only but the lender is requiring to deal with the solar lien for title transfer.

my idea;

transfer lien to surity bond ---------------go through mortgage and title transfer -----------------------transfer back lien to property or panel discharge.

 You'll want to post this to the Classifieds section as you'll get more traction on it.