Purchased in 2020, home had a tank, it was disclosed. We still conducted a tank sweep to ensure that was the only tank on the property and had the seller remove. After removal, no leakage luckily, soil was still tested and we were given the green light to move forward. Don’t buy unless it’s taken care of.
I know of an owner that purchased no contingencies during the craze, found a leaking tank and had to have abatement completed. They dug up dirt from under 60% of the homes slab, multiple dump trucks worth, cost them 1/2 their homes value and lost time in the home.
CarsandShoes t1_j4i5yaj wrote
Reply to Buying a home with decommissioned oil tank? by littlelaws232
Purchased in 2020, home had a tank, it was disclosed. We still conducted a tank sweep to ensure that was the only tank on the property and had the seller remove. After removal, no leakage luckily, soil was still tested and we were given the green light to move forward. Don’t buy unless it’s taken care of.
I know of an owner that purchased no contingencies during the craze, found a leaking tank and had to have abatement completed. They dug up dirt from under 60% of the homes slab, multiple dump trucks worth, cost them 1/2 their homes value and lost time in the home.