A daughter inherited a house with a $47,000 solar panel lien her deceased mother couldn't pay off. Because the mother signed the agreement, the daughter had no power to negotiate a release. Most investors avoided the deal, but the speaker's team bought it for cash and closed fast.
The seller inherited her property from her mother, and before her mother died, unfortunately, she wasn't making a lot of the payments on the property, and she had solar panels that she had bought on the property, and she wasn't making payments on there. So there was a solar lien on the house. So there was a couple of liens on the house, and the seller had inherited the property and didn't want to live there. The daughter didn't want to live there, and she needed money fast. And unfortunately, I think she might have been a little bit on drugs, so she wanted the money like ASAP, right? She had bills to pay. Now, I'm not here to judge, and whether she was on drugs or not, that's unfortunate, but we were there to let her know, like, hey, we can buy it at a fair price. We can buy it for cash. We can close quickly. And what was happening was the seller had all these liens on the property because the mother who passed away wasn't making the payments on it. And because the solar panels specifically, because they had signed the agreement with the mother and she had passed away, well, the daughter was not able to communicate with the solar company to resolve the issue of the solar panels.
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