Home Sellers Guide: Buried Oil Tanks

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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!