Abandoned Heating Oil Tanks Forgotten Until A Property Sale Awakens a Nightmare !

Not long ago Real Estate Professionals were advising their clients to "abandon in place" and sand fill their oil heating oil tanks. Many lending institutions and insurance companies demand the tanks to be removed.
 
BERNARDSVILLE, N.J. - July 10, 2019 - PRLog -- Today sand filling and abandoning in place a heating oil tank is a liability . Many home buyers will not purchase a property until the tank is removed. Although many abandoned in place tanks were sand filled with a municipal permit, many were completed without a permit. the tanks that were legally completed never were required to do soil sampling. Many of these filled in place tank were leaking and the contamination may still exist after 30 years. Remediation can cost in excess of $ 10000 dollars, a low price considering that if the underground heating oil tank is discovered after sale the cost of remediation and legal fees may exceed $ 40000. Environmental Systems, a leading New Jersey LSRP Owned  Environmental Company recommends removing the sand filled heating oil tank prior to listing the property on the market to avoid problems during the real estate transaction process. Todays tank sweep process is sophisticated using Ground Penetrating Radar that can see wood, concrete and asphalt. Due to size of most heating oil tanks hiding a tank can be difficult.  To obtain additional information, contact Environmental Systems at 732-892-8707 or visit our website at www.allenvirosystem.com

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Environmental Systems
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732-892-8707
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Tags:Oil Tank Removal
Industry:Real Estate
Location:Bernardsville - New Jersey - United States
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