Investing in Solar Energy for Your San Antonio Home: Clearing Up the Misconception of a ‘Forever Home’!
Are you hesitant to invest in solar energy for your San Antonio home because you are worried about selling it in the future? If so, you are not alone. Many homeowners in San Antonio hold this common misconception, but it is often based on outdated information or bad experiences with solar companies that do not keep up with industry changes.
But what if we told you that selling your home with solar does not have to be difficult? In this article, we will explore the misconception that you should not invest in solar unless you plan to stay in your home forever and provide the correct information to help you make an informed decision.
One of the main concerns homeowners have about selling a home with solar is that the solar loan cannot be transferred to the buyer. This would mean that the homeowner would have to raise the price of the home to pay off the solar loan and worry about whether the panels will appraise enough to pay off the cost, otherwise they may be a loss. This is understandable, but the truth is that selling a home with solar should not be any more difficult than transferring utilities to the buyer.
Just like you do not try to recoup the money you spent on your electricity bill while you lived in the house, you do not need to worry about the transfer of energy when you sell a home with solar panels. When you have an assumable solar loan and transferable warranty, the process is just as easy. The buyer simply needs to qualify to assume the solar loan, and that is it.
It is important to note that when you are working with a solar installer that uses the latest solar lenders, you do not need to worry about selling your home later. However, verify that the lender offers an assumable loan and do not just rely on a solar salesperson’s word.
In conclusion, selling your home with solar does not have to be difficult. With an assumable solar loan and transferable warranty, the process is just as easy as transferring utilities to the buyer. It is important to work with a solar installer that uses the latest solar lenders and verify that they offer an assumable loan. Do not let the fear of selling your home in the future hold you back from investing in solar energy for your San Antonio home.