A Homebuyer Warns of a Potential Solar Lease Scam and the Toxicity of a Trapped Property

A potential homebuyer on Reddit's r/RealEstate subreddit shared a concern about a house with a 20-year solar lease at $600 per month and a $100,000 buyout. The buyer believes the seller was scammed and would not touch the deal unless the seller pays off the lease before closing. Others shared similar horror stories about solar lease scams, with some warning that the economics of the lease are "completely upside down."

Investors and potential homebuyers are advised to be cautious regarding recent developments in the securities market and real estate sector. Rosen Law Firm has issued a reminder for investors of Reddit, Inc. (NYSE: RDDT) to secure counsel before an important August 18, 2025 deadline in a securities class action lawsuit [1]. Simultaneously, concerns about solar lease scams have surfaced on Reddit's r/RealEstate subreddit.

Reddit Class Action Lawsuit

The Rosen Law Firm has reminded investors who purchased Reddit securities between October 29, 2024, and May 20, 2025, to act by August 18, 2025, as the lead plaintiff deadline approaches. The lawsuit alleges that Reddit made false and misleading statements and failed to disclose material information about changes in Google Search’s algorithm, which significantly reduced traffic to the Reddit website and negatively impacted user rates and advertising revenues. Investors who believe they were affected by these statements may be entitled to compensation without paying any out-of-pocket fees or costs through a contingency fee arrangement [1].

Solar Lease Scams

Meanwhile, on the r/RealEstate subreddit, potential homebuyers have expressed concerns about houses with solar leases. A 20-year solar lease at $600 per month and a $100,000 buyout has been highlighted as a potential scam. Buyers worry that the seller was scammed and are unwilling to proceed unless the seller pays off the lease before closing. Similar horror stories have been shared, with some users warning that the economics of the lease are "completely upside down."

What to Do

Investors should take action to secure counsel before the August 18, 2025, deadline to join the Reddit class action lawsuit. They can visit [https://rosenlegal.com/submit-form/?case_id=40507](https://rosenlegal.com/submit-form/?case_id=40507) or contact Phillip Kim, Esq., at 866-767-3653 or email case@rosenlegal.com for more information. For potential homebuyers, it is advisable to thoroughly investigate any solar lease terms and consider consulting with a real estate attorney to avoid potential scams.

References

[1] https://www.morningstar.com/news/globe-newswire/9511152/rddt-deadline-rosen-a-leading-investor-rights-law-firm-encourages-reddit-inc-investors-to-secure-counsel-before-important-august-18-deadline-in-securities-class-action-rddt