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Underground heating oil tanks can pose many potential problems to both home buyers and sellers. They have been the source of many environmental problems such as contamination of surrounding soil and ground water.
Leaks are generally caused by the rust inside underground tanks or by an electrical condition sparked by electric utility lines.
Buyers should always have the tank inspected to make sure that it is structurally sound. Buyers who do not want an underground fuel tank can arrange for an above ground tank to be installed in the basement and the underground tank to be shut off. Cleanup of any leaks will also have to be taken care of.
For buyers, the underground heating oil tank should be written in the sales contract. For sellers, your lawyer should make sure that the description and condition of the underground heating oil tank is accurate and up-to-date.
Linda did a great job with the sale of our home! Her friendly and professional demeanor made the process easy and enjoyable. She expertly and efficiently listed, advertised, and sold the home far quicker than I had anticipated. All repairs were completed and the closing was completed on the projected date. I would recommend Linda to anyone buying or selling in the area!
This was our first home purchase so as you would expect there was a plethora of stress and questions. Linda was fantastic in holding our hands and protecting our interests.
Lori, as enjoyable as it was to buy this house, its even more enjoyable selling it. For that, Lori, I thank you. Thank you very, very much for being patient with me and for making this experience pain-free. You are truly one of the BEST in the business. Again, thank you, thank you, thank you! Continued success.