As a home buyer, there are lists of things that a person would have to go through before the purchase actually goes through. The buyer must make sure that they have an adequate down payment for the house, their mortgage is in place, all insurance is covered, and the house is up to code. These are just a few examples of the long list that a buyer will, no doubt, have to check off before they are able to sign on the dotted line for their new ‘dream home’. One important factor that many home buyers, especially first time home buyers, tend to overlook is whether or not an oil tank is present on their new property. If not checked, the unseen presence of an oil tank could potentially very costly for the new owners.
While the presence of an underground oil tank, in theory, may not sound like a big issue for a home buyer, the reality is much different. The biggest problem with an underground oil tank is that, over time, an underground oil tank may rust and, in turn, leak any residue that has been sitting in the tank. The residue that leaks into the ground can then contaminate the ground that it seeps into leaving a huge environmental issue behind. If the ground is contaminated because of the oil tank leak, a full remediation of the soil will have to be completed so that the ground will be considered healthy again.
All of this work, of course, requires money and can cause a great headache. As a perspective New Jersey home buyer, you are in a position to be able to avoid the expense if you require that the seller of the home have the property inspected for the presence of an underground oil tank or require that the seller produce documentation that the tank has been filled or already removed. A buyer must always remember that as soon as they purchase the home, all of the future headaches that come with it are now theirs. If a full inspection is not completed prior to the purchase, that includes the responsibility for the presence of an underground oil tank.
The experienced team at The Entech Group, Inc. are trained and ready to help you with any issues with the presence of an underground oil tank or with the removal of said tank. We understand that your ultimate goal is to be able to move into your new NJ home with, as little added stress or problems as possible and we are here to help you do that as soon as possible. We will walk you through the process of what is needed with regard to your underground oil tank situation if one is found and what your possible options are. Please call us today at 800-571-8661 or visit our website at www.entechgroupinc.com to learn more about underground oil tanks and their removal.