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.
When we met Brad and John we knew it was a good fit because they listened to us and worked to customize the house to fit our needs. Everyone we worked with during the selection process was very helpful and gave us good advice. Any issues that arose during the build were taken care of efficiently and to our satisfaction. We would recommend Caliber Homes and the Chris Fritch Team to other potential buyers.