This is a new construction built in 2021 and seller is the 1st. owner. The seller has been working with OpenDoor for some time now. They offered him $510K (after their 4.5% fee) He was scheduled to close soon as he is already in escrow on another property. Yesterday Open Door informed him they were pulling out of the contract because they will not take over the solar PPA program. The solar is leased by the builder Lennar and each unit is assigned a few panels, they pay monthly for the usage which is averaging $78/mo. The closing date on his new home is Nov. 24/Thanksgiving and this is the reason he’s wanting a cash offer.
The property is in one of the coveted locations in Murrieta with the high school across the street being on the top 5 high schools in Riverside County. Surrounded by Shopping, FWY and restaurants.
Thank you!