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Underground Heating Oil Tanks

Underground heating oil tanks can pose many potential problems to both home buyers and sellers. They have been the source of many environmental problems such as contamination of surrounding soil and ground water.

Leaks are generally caused by the rust inside underground tanks or by an electrical condition sparked by electric utility lines.

Buyers should always have the tank inspected to make sure that it is structurally sound. Buyers who do not want an underground fuel tank can arrange for an above ground tank to be installed in the basement and the underground tank to be shut off. Cleanup of any leaks will also have to be taken care of.

For buyers, the underground heating oil tank should be written in the sales contract. For sellers, your lawyer should make sure that the description and condition of the underground heating oil tank is accurate and up-to-date.

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Wilhelm & Associates Realtors
6485 Dixie Hwy.
Clarkston, MI 48346
(248) 625-9500 or (248) 891-1000


                               

Wilhelm & Associates Realtors is the largest independent real estate company in Michigan. We dominate the real estate market in Oakland County. View Michigan homes for sale in Clarkston, Waterford, Birmingham, Bloomfield Twp., Commerce, White Lake, and many more. Visit any of our sources to find Michigan Real Estate including vacant land, waterfront homes, commercial real estate in Michigan and other residential Michigan homes for sale.

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