m*******d
发帖数: 274 | 1 We have made an offer to a house (built in 1960s). The house has an oil tank
above ground now. There used to be an Underground Oil Tank. When the seller
bought the house in 2002, the house had an oil tank above ground already.
Now there is no record about this old underground Oil Tank, nobody knows
whether it is still under ground or it has been removed. I heard this
problem can cause difficullty to insurance and loan application. We had a home
inspection, and the inspector mentioned that the seller should find the
record for underground Oil Tank. The thing is the seller claims he cannot
find any paperwork. will this be an issue if we buy this house and sell it
later? Can we still proceed to buy this house without paperwork of the old
Underground Oil Tank? I guess this might be very common in NY area as a lot
houses are old. Thanks for any info. |
w**t
发帖数: 1037 | 2 I bought a house in NY two years ago with underground oil tank.
The seller didn't have paperwork ,but we asked him to redo the paperwork to
get a certificate that indicated the oil tank is properly abandoned).
we also bought an insurance for the oil tank.
Don't take a risk as the damage could be really really bad. |
m*******d
发帖数: 274 | 3 Thank you very much for the info. I have sent you a PM. Please check. Thanks
.
to
【在 w**t 的大作中提到】
: I bought a house in NY two years ago with underground oil tank.
: The seller didn't have paperwork ,but we asked him to redo the paperwork to
: get a certificate that indicated the oil tank is properly abandoned).
: we also bought an insurance for the oil tank.
: Don't take a risk as the damage could be really really bad.
|
m*******d
发帖数: 274 | 4 We have made an offer to a house (built in 1960s). The house has an oil tank
above ground now. There used to be an Underground Oil Tank. When the seller
bought the house in 2002, the house had an oil tank above ground already.
Now there is no record about this old underground Oil Tank, nobody knows
whether it is still under ground or it has been removed. I heard this
problem can cause difficullty to insurance and loan application. We had a home
inspection, and the inspector mentioned that the seller should find the
record for underground Oil Tank. The thing is the seller claims he cannot
find any paperwork. will this be an issue if we buy this house and sell it
later? Can we still proceed to buy this house without paperwork of the old
Underground Oil Tank? I guess this might be very common in NY area as a lot
houses are old. Thanks for any info. |
w**t
发帖数: 1037 | 5 I bought a house in NY two years ago with underground oil tank.
The seller didn't have paperwork ,but we asked him to redo the paperwork to
get a certificate that indicated the oil tank is properly abandoned).
we also bought an insurance for the oil tank.
Don't take a risk as the damage could be really really bad. |
m*******d
发帖数: 274 | 6 Thank you very much for the info. I have sent you a PM. Please check. Thanks
.
to
【在 w**t 的大作中提到】
: I bought a house in NY two years ago with underground oil tank.
: The seller didn't have paperwork ,but we asked him to redo the paperwork to
: get a certificate that indicated the oil tank is properly abandoned).
: we also bought an insurance for the oil tank.
: Don't take a risk as the damage could be really really bad.
|
i********j
发帖数: 140 | 7 We had the similar situation - the house we put in an offer for has two
underground oil tanks on the side yard, tanks were inspected a year ago and
found not to be leaking, the soil test was done by another previous buyer (
it's a short sale), no contamination found. Do you (or anyone here) know
what's involved to in getting them officially decommissioned? |
