Posts Tagged ‘who owns solar panels after foreclosure?’
Solar Panel Lease Has Priority Over Bank Foreclosure
Question: In a recent column you said that, after a bank foreclosure of a first mortgage of a home, the solar panels belong to the buyer who purchased the home at the foreclosure sale. The attorney for the title company that our brokerage firm uses said that your answer was wrong. The title company attorney…
Read MoreWho Owns Solar Panels after Foreclosure?
**Update to this question published on July 15, 2019.** Question: Last month after a bank foreclosure our investor group purchased a home in Apache Junction. The home has solar panels on the roof. We recently received a letter from the attorney for the solar panel company that leased the solar panels to the former owner…
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