Hero Financing

Hero Financing

The HERO Program makes financing Alternative Energy Options easy! Check out this video of how HERO is involved with the City of San Diego!

You can find out more information about the HERO Program Here!

General


No, there is no additional or specific paperwork required in order to facilitate the buying or selling of a home with a HERO assessment.

No, there are no fees associated with the transfer of a HERO assessment for the homeowner, buyer, or agent.

The potential buyer of a home with a HERO assessment does not need to qualify or reapply for HERO. When a HERO tax assessment is transferred to new owners, it does so automatically with the sale of the property.

No, there are no prepayment penalties associated with the HERO Program, regardless of the HERO assessment date. However, given that HERO Assessments are paid through property taxes at specified intervals, the homeowner may have interest payments due until the next tax interval. Please contact HERO Property Advisors at 1-855-CAL-HERO to assist with a prepayment schedule for your HERO Home.

To find out if a listing has a HERO assessment, first ask the listing agent. If the property is not listed with a licensed real estate agent, you may contact the seller of the property and ask if they have selected HERO to finance property improvements. At the time you enter into escrow, the HERO assessment will appear on the preliminary title report, which lists all property taxes on the property.

Yes. Selling a home with a HERO assessment entails providing clear disclosures. Listing agents should disclose to interested buyers that there is an additional tax assessment on the property tax bill while also explaining how the energy and/or water savings help offset such an assessment. HERO Property Advisors are available to assist in this process and may be reached at 1-855-CAL-HERO.

Because PACE Programs present an innovative financing option, HERO has established HERO Property Advisors, a dedicated division of the Program, to provide transactional assistance to real estate professionals and lenders as well as homeowners and buyers. Please call, or direct any of these individuals to call, a HERO Property Advisor at 1-855-CAL-HERO at any point before or during the transaction.

Yes, HERO properties can be sold or refinanced at any point. Remaining HERO assessments can be paid off or legally transferred to the new owner. Over 3,000 HERO Homeowners have refinanced or sold their homes, and the HERO assessment has been successfully transferred in the majority of those transactions. This process has recently been streamlined for HERO Homeowners, buyers, and real estate professionals with the assistance of our in-house dedicated group of experts, HERO Property Advisors.

However, homeowners should be aware that lending criteria can change and vary between banks. Some banks and/or purchasers require the outstanding assessment balance to be paid off when a homeowner refinances or sells a home, which can be done without a prepayment penalties.

Should such concerns arise, HERO Property Advisors can assist you in their resolution through a variety of solutions tailored to your unique situation. Real estate professionals and lenders, as well as homeowners and buyers, can contact HERO Property Advisors at 1-855-CAL-HERO for assistance at any point.

Eligibility


No, there is no additional or specific paperwork required in order to facilitate the buying or selling of a home with a HERO assessment.

No, there are no fees associated with the transfer of a HERO assessment for the homeowner, buyer, or agent.

The potential buyer of a home with a HERO assessment does not need to qualify or reapply for HERO. When a HERO tax assessment is transferred to new owners, it does so automatically with the sale of the property.

No, there are no prepayment penalties associated with the HERO Program, regardless of the HERO assessment date. However, given that HERO Assessments are paid through property taxes at specified intervals, the homeowner may have interest payments due until the next tax interval. Please contact HERO Property Advisors at 1-855-CAL-HERO to assist with a prepayment schedule for your HERO Home.

To find out if a listing has a HERO assessment, first ask the listing agent. If the property is not listed with a licensed real estate agent, you may contact the seller of the property and ask if they have selected HERO to finance property improvements. At the time you enter into escrow, the HERO assessment will appear on the preliminary title report, which lists all property taxes on the property.

Yes. Selling a home with a HERO assessment entails providing clear disclosures. Listing agents should disclose to interested buyers that there is an additional tax assessment on the property tax bill while also explaining how the energy and/or water savings help offset such an assessment. HERO Property Advisors are available to assist in this process and may be reached at 1-855-CAL-HERO.

Because PACE Programs present an innovative financing option, HERO has established HERO Property Advisors, a dedicated division of the Program, to provide transactional assistance to real estate professionals and lenders as well as homeowners and buyers. Please call, or direct any of these individuals to call, a HERO Property Advisor at 1-855-CAL-HERO at any point before or during the transaction.

Yes, HERO properties can be sold or refinanced at any point. Remaining HERO assessments can be paid off or legally transferred to the new owner. Over 3,000 HERO Homeowners have refinanced or sold their homes, and the HERO assessment has been successfully transferred in the majority of those transactions. This process has recently been streamlined for HERO Homeowners, buyers, and real estate professionals with the assistance of our in-house dedicated group of experts, HERO Property Advisors.

However, homeowners should be aware that lending criteria can change and vary between banks. Some banks and/or purchasers require the outstanding assessment balance to be paid off when a homeowner refinances or sells a home, which can be done without a prepayment penalties.

Should such concerns arise, HERO Property Advisors can assist you in their resolution through a variety of solutions tailored to your unique situation. Real estate professionals and lenders, as well as homeowners and buyers, can contact HERO Property Advisors at 1-855-CAL-HERO for assistance at any point.

Costs & Rebates


No, there is no additional or specific paperwork required in order to facilitate the buying or selling of a home with a HERO assessment.

No, there are no fees associated with the transfer of a HERO assessment for the homeowner, buyer, or agent.

The potential buyer of a home with a HERO assessment does not need to qualify or reapply for HERO. When a HERO tax assessment is transferred to new owners, it does so automatically with the sale of the property.

No, there are no prepayment penalties associated with the HERO Program, regardless of the HERO assessment date. However, given that HERO Assessments are paid through property taxes at specified intervals, the homeowner may have interest payments due until the next tax interval. Please contact HERO Property Advisors at 1-855-CAL-HERO to assist with a prepayment schedule for your HERO Home.

To find out if a listing has a HERO assessment, first ask the listing agent. If the property is not listed with a licensed real estate agent, you may contact the seller of the property and ask if they have selected HERO to finance property improvements. At the time you enter into escrow, the HERO assessment will appear on the preliminary title report, which lists all property taxes on the property.

Yes. Selling a home with a HERO assessment entails providing clear disclosures. Listing agents should disclose to interested buyers that there is an additional tax assessment on the property tax bill while also explaining how the energy and/or water savings help offset such an assessment. HERO Property Advisors are available to assist in this process and may be reached at 1-855-CAL-HERO.

Because PACE Programs present an innovative financing option, HERO has established HERO Property Advisors, a dedicated division of the Program, to provide transactional assistance to real estate professionals and lenders as well as homeowners and buyers. Please call, or direct any of these individuals to call, a HERO Property Advisor at 1-855-CAL-HERO at any point before or during the transaction.

Yes, HERO properties can be sold or refinanced at any point. Remaining HERO assessments can be paid off or legally transferred to the new owner. Over 3,000 HERO Homeowners have refinanced or sold their homes, and the HERO assessment has been successfully transferred in the majority of those transactions. This process has recently been streamlined for HERO Homeowners, buyers, and real estate professionals with the assistance of our in-house dedicated group of experts, HERO Property Advisors.

However, homeowners should be aware that lending criteria can change and vary between banks. Some banks and/or purchasers require the outstanding assessment balance to be paid off when a homeowner refinances or sells a home, which can be done without a prepayment penalties.

Should such concerns arise, HERO Property Advisors can assist you in their resolution through a variety of solutions tailored to your unique situation. Real estate professionals and lenders, as well as homeowners and buyers, can contact HERO Property Advisors at 1-855-CAL-HERO for assistance at any point.

Program Details


No, there is no additional or specific paperwork required in order to facilitate the buying or selling of a home with a HERO assessment.

No, there are no fees associated with the transfer of a HERO assessment for the homeowner, buyer, or agent.

The potential buyer of a home with a HERO assessment does not need to qualify or reapply for HERO. When a HERO tax assessment is transferred to new owners, it does so automatically with the sale of the property.

No, there are no prepayment penalties associated with the HERO Program, regardless of the HERO assessment date. However, given that HERO Assessments are paid through property taxes at specified intervals, the homeowner may have interest payments due until the next tax interval. Please contact HERO Property Advisors at 1-855-CAL-HERO to assist with a prepayment schedule for your HERO Home.

To find out if a listing has a HERO assessment, first ask the listing agent. If the property is not listed with a licensed real estate agent, you may contact the seller of the property and ask if they have selected HERO to finance property improvements. At the time you enter into escrow, the HERO assessment will appear on the preliminary title report, which lists all property taxes on the property.

Yes. Selling a home with a HERO assessment entails providing clear disclosures. Listing agents should disclose to interested buyers that there is an additional tax assessment on the property tax bill while also explaining how the energy and/or water savings help offset such an assessment. HERO Property Advisors are available to assist in this process and may be reached at 1-855-CAL-HERO.

Because PACE Programs present an innovative financing option, HERO has established HERO Property Advisors, a dedicated division of the Program, to provide transactional assistance to real estate professionals and lenders as well as homeowners and buyers. Please call, or direct any of these individuals to call, a HERO Property Advisor at 1-855-CAL-HERO at any point before or during the transaction.

Yes, HERO properties can be sold or refinanced at any point. Remaining HERO assessments can be paid off or legally transferred to the new owner. Over 3,000 HERO Homeowners have refinanced or sold their homes, and the HERO assessment has been successfully transferred in the majority of those transactions. This process has recently been streamlined for HERO Homeowners, buyers, and real estate professionals with the assistance of our in-house dedicated group of experts, HERO Property Advisors.

However, homeowners should be aware that lending criteria can change and vary between banks. Some banks and/or purchasers require the outstanding assessment balance to be paid off when a homeowner refinances or sells a home, which can be done without a prepayment penalties.

Should such concerns arise, HERO Property Advisors can assist you in their resolution through a variety of solutions tailored to your unique situation. Real estate professionals and lenders, as well as homeowners and buyers, can contact HERO Property Advisors at 1-855-CAL-HERO for assistance at any point.

Real Estate Transactions


No, there is no additional or specific paperwork required in order to facilitate the buying or selling of a home with a HERO assessment.

No, there are no fees associated with the transfer of a HERO assessment for the homeowner, buyer, or agent.

The potential buyer of a home with a HERO assessment does not need to qualify or reapply for HERO. When a HERO tax assessment is transferred to new owners, it does so automatically with the sale of the property.

No, there are no prepayment penalties associated with the HERO Program, regardless of the HERO assessment date. However, given that HERO Assessments are paid through property taxes at specified intervals, the homeowner may have interest payments due until the next tax interval. Please contact HERO Property Advisors at 1-855-CAL-HERO to assist with a prepayment schedule for your HERO Home.

To find out if a listing has a HERO assessment, first ask the listing agent. If the property is not listed with a licensed real estate agent, you may contact the seller of the property and ask if they have selected HERO to finance property improvements. At the time you enter into escrow, the HERO assessment will appear on the preliminary title report, which lists all property taxes on the property.

Yes. Selling a home with a HERO assessment entails providing clear disclosures. Listing agents should disclose to interested buyers that there is an additional tax assessment on the property tax bill while also explaining how the energy and/or water savings help offset such an assessment. HERO Property Advisors are available to assist in this process and may be reached at 1-855-CAL-HERO.

Because PACE Programs present an innovative financing option, HERO has established HERO Property Advisors, a dedicated division of the Program, to provide transactional assistance to real estate professionals and lenders as well as homeowners and buyers. Please call, or direct any of these individuals to call, a HERO Property Advisor at 1-855-CAL-HERO at any point before or during the transaction.

Yes, HERO properties can be sold or refinanced at any point. Remaining HERO assessments can be paid off or legally transferred to the new owner. Over 3,000 HERO Homeowners have refinanced or sold their homes, and the HERO assessment has been successfully transferred in the majority of those transactions. This process has recently been streamlined for HERO Homeowners, buyers, and real estate professionals with the assistance of our in-house dedicated group of experts, HERO Property Advisors.

However, homeowners should be aware that lending criteria can change and vary between banks. Some banks and/or purchasers require the outstanding assessment balance to be paid off when a homeowner refinances or sells a home, which can be done without a prepayment penalties.

Should such concerns arise, HERO Property Advisors can assist you in their resolution through a variety of solutions tailored to your unique situation. Real estate professionals and lenders, as well as homeowners and buyers, can contact HERO Property Advisors at 1-855-CAL-HERO for assistance at any point.