bdhsfz6
Elite Member
- Joined
- Apr 11, 2015
- Messages
- 3,157
- Location
- Northeastern Pennsylvania
- Tractor
- Kubota MX5800 HST & L6060 HSTC Formerly L6060 HST B7100 HST, L2550, L3010 HST, L3430 HST
As others have said, get an inspection of both the oil tank AND the well. If both come back clean and you purchase the property, have the in ground tank removed immediately before it becomes an issue.I am looking at a property that has an old fuel oil tank for the furnace. I know the property has a tank in the ground and one above ground. The property also has a well for drinking water. If I move forward Ior the seller will have an environmental engineer verify the tank does not leak.
Have any of you had experience with an old abandoned tank and what did you do?
Back in 1989, a coworker friend bought a cheap fixer. The price was too good to be true and he soon found out why. The 1000 gal in ground tank had been leaking for years and had contaminated the soil in the front yard as well as the neighbors. The cleanup cost almost twice what he paid for the house.
The oil company, who normally filled the tank, had reported the leak to the EPA as required by law. The seller, fully aware of the problem, quickly sold the house cheap and then disappeared. AFAIK, they are still looking for the guy. In the mean time, my friend was left holding the bag.
This nightmare caused me to remove my own in ground tank. I installed two 550 gal tanks in my basement, filled them with the oil from the in ground tank and dug it up when no one was around. Sure enough, it did have a leak but it was fairly small. I cut the tank in half, burned out the oily residue and buried it elsewhere on the property.