Selling A Home With An Escalated Solar Lease In Arizona

hey guys Greg field Greenleaf Realty you're looking at a home behind me that we just sold a few months ago this home had a solar city lease on it with a 29 percent annual increase we call them Escalade Elise's these are difficult leases to transfer one of the things that I do is really educate the buyer and buyer's agent on the value moving forward but because their payment goes up every year by 3% that can discourage some buyers and it did in this case as well with this buyer in particular we ended up giving them a few extra dollars in concession to help kind of cover some of the increasing cost in the lease payment that was enough for them to sign and essentially be closed and now they own the home so when you sell homes with escalated leases you do have to do a little more work the clients do see a little less value in the payment going up that's why usually I focus on homes that have fixed lease payments but just know if you have a lease that has an escalator of 2

9 percent I can help you sell your home and put some value there as well so again reach out to Greg at Greenleaf realty if you have a solar lease home we're happy to help you sell your home and again as always look for more videos on this channel you

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