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.
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Linda and Dave were excellent in several areas with the sale of my home. This included communications, market knowledge and getting the job done. They always returned calls promptly.Ann B.
This note is to let you know how much I appreciated working with you over the last 5 months. When I was selling my duplex you showed me information about the market that I was naïve to. When the buyer was dragging his feet, you said the appropriate words to get him going. During my search for a replacement property you were extremely patient. You spent many nights at the office until 8 p.m. When we finally found the perfect deal you were quick and stealth like. We had the property tied up before most people knew the property was available. Then there was all the paperwork before closing. I would have most assuredly gone mad if you were not there to sort things out. I appreciate all the work you put in to make these deals work. I look forward to working with you in the future.Pete F.