NEWEST FANNIE MAE GUIDELINES REGARDING PV PANELS

Sally this is interesting. We have a lot of homes with leased solar panels in my area and somehow we've all worked it out well without the Fannie Mae assistance. Not sure this makes a lot of sense - in fact it could be hurting a lot of sellers and buyers.

 Good morning Celeste "SALLY" Cheeseman . I do have to agree with Anna that this is very interesting. Although we don't have to contend with that here there are a lot of parts of the country that do.

We are increasingly hearing of issues with leased solar panels when it comes to selling homes!

Sally thank you for the information.  CT has a program in place where the panels and installation are free as well as a generous reduced rate.  I will have to see if the program meets with the Fannie Mae guidelines.

Sally, there is a company here that is leasing solar panels, and selling the home can become complicated by the lease agreement. 

Sally many homeowners here are getting these leased PV panels.  It can be an issue.  Our MLS recently added  option s for owned vs lease.

Thanks for the post. Yet another example of Active Rain members educating their peers. 

Very interesting. There are a lot of homes in my area with leased panels. This is good to know.

Thank you for sharing this update, I represent buyers & sellers of home with solar often these days; they do add an extra layer of challenge at times as the contracts for solar vary and not all solar companies were ethical.

I was thinking of solar panels on my home. They are starting to become prevalent in my area. Thanks for sharing this info.

Missing you in the Rain, Celeste "SALLY" Cheeseman!  COME BACK!!!  

Hugs dear!

Happy Friday Sally 

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I hope all is going well for you and you will soon be posting again.

Have an outstanding summer.