Countless of owners have had to sell their home or go into foreclosure or short sale after they fell for this advertisement then their NEW county tax bill came out!!! For some, the tax debt DOUBLED and it became unaffordable for them, forcing them to sell. BEWARE When buying a home which has one of these ENERGY LOANs. Marketed as “no money down”, they significantly reduce equity and complicate home sales and purchases.
On another note solar panels, which are touted as “money saving” can also put you under water if the savings is much less than cost of your increased insurance bill. Insurance companies see them as an owner willingly making holes in a perfectly watertight roof! 
Ask your expert Realtor about these hidden pitfalls before engaging one of these PACE programs. if you already have one and want to learn how to solve the issue or you’re thinking about selling, give us a call we have successfully negotiated solutions for our clients. 
