Solar panels can save homeowners a significant amount on energy bills, including through state tax incentives. When it comes time to sell a home, however, solar panels can be a double-edged sword. While they can raise property values, some potential buyers are skeptical of the benefits, which means it may be more difficult to find a buyer.
Solar panels can also complicate the real estate sale process. Sellers should ensure that the contract for the sale of the home properly addresses the solar panels, depending on the seller’s solar panel ownership or financing type. An experienced Yorkville, IL real estate attorney can help you avoid legal and financial pitfalls during your sale of a home with solar panels.