Home Sellers Guide: Buried Oil Tanks
When getting ready to sell your home, here’s what you need to know about Buried Oil Tanks:
- THEY HAVE TO COME OUT!
- This is one of the biggest deal killers out there and you need to know if you have a tank before you put your home on the market. And if you do , it should be removed before listing.
- Why?? BECAUSE NO BUYER’S ATTORNEY WILL ALLOW THE DEAL TO PROCEED WITH A BURIED OIL TANK!
- If you suspect you may have a tank, you can have your property swept by a professional tank company for around $250.
- Decommissioned tanks also have to be removed because many of them leaked before they were decommissioned and it was not discovered at the time.
- THIS IS ALWAYS THE SELLERS’ RESPONSIBILITY!