Solar panels can sound like a dream—lower bills, greener living, maybe even tax credits. But here’s the catch: not every solar panel setup is owned outright by the seller. Many are financed with loans, leases, or power purchase agreements (PPAs).

When you buy the home, you might also be buying that obligation. A lien can attach to the property and stay with you, not the seller. A lease might require you to qualify financially with the solar company before they’ll let you take it over.

Here’s what smart buyers do:

• Always ask if the solar panels are owned or leased.
• Request all lease or loan paperwork before you make an offer.
• Confirm whether there’s a lien on the home.
• Factor any monthly solar lease payments into your budget.

Bottom line: solar savings can be real, but only if you know exactly what you’re signing up for. At House Karma, we’ll help you pull the right documents and avoid being surprised after closing.