Solar panels are becoming increasingly popular for home sales, with a 30% growth in installations over the last decade. Homeowners can benefit from increased property values and quicker sales, although success can depend on factors like location and how solar panels were financed. The article highlights the importance of ownership type: fully owned solar systems streamline the selling process, allowing buyers to immediately benefit from energy savings. In contrast, leased solar panels add complexity as they require buyer approval from lenders, which can make transactions more difficult. Preparing documentation is essential for a smooth sale.
In most cases, solar panels will help sell your home for more money and quicker, but it can depend on your location and how you purchased the solar panels.
Sellers who own their system outright are in the best position when it comes to selling their solar-equipped home, because buyers can take full advantage of the benefits.
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