Solar Panel Foreclosures

“Can they take my home?”

In rare cases, the solar panel company that installed the solar panels will place a mechanic’s lien on your home.

Typically this occurs when a homeowner successfully cancels the loan contract. If this happens, the loan company will claw back the money it paid to the solar panel company. As a result, the solar panel company will attempt to foreclose a mechanic’s lien on the home to force the sale of the house and get the purchase money from the homeowner instead of the loan company.

If the solar company attempts to foreclose a mechanic’s lien, it is critical to timely respond to prevent the sale of your home.

If the solar company or loan company has threatened to put on a lien on your home, there are legal options available to prevent the sale and foreclosure of your home. However, time is of the essence, and seeking legal counsel is imperative.