Friday, December 18, 2015

ON SELLING A HOME WITH AN UNDERGROUND OIL TANK






Some home buyers will run away from a home with an underground oil tank. As noted by one company: "It can cost around $1,500 to remove an oil tank, but a clean-up can cost anywhere from $3,000 to $8,000. That’s a lot of money that new home owners don’t want to take on. Environmental damage can bump this number up to six figures – an extremely high risk for new homeowners."

For homeowners in Nassau County, the county has on their website some helpful information: 

https://www.nassaucountyny.gov/3060/11593/Homeowner-Underground-Tank-Information?activeLiveTab=widgets

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