Should I Buy A House With Underground Oil Tank -
: Many carriers refuse to insure homes with active or abandoned USTs.
: Ask the seller to remove the tank and backfill with clean soil. should i buy a house with underground oil tank
π : An underground tank is an "environmental ticking time bomb." Always prioritize removal over "abandonment in place" (filling with sand/foam). If you'd like to move forward, tell me: The state or region (for local laws) If the tank is active or abandoned Your budget for specialized inspections ($500β$2,000) : Many carriers refuse to insure homes with
: If removal happens after closing, hold 1.5x the estimated cost in escrow. should i buy a house with underground oil tank