PushinValue
Member
- Joined
- Nov 28, 2011
- Professional Status
- Certified Residential Appraiser
- State
- California
conventional purchase assignment
2004 build home with solar installed by the builder.
Estimated economic life of 20 years
Per buyers agent, solar is shot, 30k to replace.
Panels are not visible from the street and only evidence of system is an inverted in the garage.
How do you handle this? Never seen this issue and spoke with many agents who have never had this come up.
How do you account for the non functional equipment? Still waiting on the cost to remove. I couldn’t imagine the impact being as much as the cost to remove (since you cannot even see the system, why remove it?).
Thoughts and ideas are welcome!!
2004 build home with solar installed by the builder.
Estimated economic life of 20 years
Per buyers agent, solar is shot, 30k to replace.
Panels are not visible from the street and only evidence of system is an inverted in the garage.
How do you handle this? Never seen this issue and spoke with many agents who have never had this come up.
How do you account for the non functional equipment? Still waiting on the cost to remove. I couldn’t imagine the impact being as much as the cost to remove (since you cannot even see the system, why remove it?).
Thoughts and ideas are welcome!!