: Leaks can reach groundwater, leading to massive legal and state fines.
: Hire a pro to use ground-penetrating radar to find "hidden" tanks. should i buy a house with underground oil tank
: Remediation for a leak can range from $10,000 to over $100,000. : Leaks can reach groundwater, leading to massive
: If removal happens after closing, hold 1.5x the estimated cost in escrow. : Leaks can reach groundwater
: Ask the seller to remove the tank and backfill with clean soil.
: Many carriers refuse to insure homes with active or abandoned USTs.