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What happens to my equipment loans if I move?
What happens to my equipment loans if I move?
Jason Badeaux avatar
Written by Jason Badeaux
Updated over a year ago

There are two options if you move:

1) Pay off the balance

In the vast majority of cases homeowners choose to pay off any remaining balance through the sale of their home. Remember, solar typically increases the value and attractiveness of your home.

2) Transfer the loan

If the new homeowner wishes to assume the remaining payments, he/she must apply to qualify. If the new homeowner is approved, then he/she assumes full responsibility of the financial agreement.

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