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Old 10-30-2011, 12:16 AM
 
6 posts, read 16,141 times
Reputation: 11

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Hi Everyone,
I am considering a house that is right behind an empty gas station. I have two questions:

1. Will this cause any issues with the FHA apprasial process (the gas station has been empty for several years, the price still reads $1.19/gal!)

2. Are there any health issues that are known to stem from living near an abandoned gas station?

Thanks!
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Old 10-30-2011, 12:50 AM
 
Location: Mostly in my head
19,864 posts, read 60,015,703 times
Reputation: 19250
Even open stations can have leaking tanks. There is a town in my state where a slow leak contaminated the soil for many blocks around it.

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Old 10-30-2011, 08:34 AM
 
Location: Wisconsin
7,214 posts, read 8,462,467 times
Reputation: 7775
1. Possibly.
2. Yes, there can be.
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Old 10-30-2011, 09:26 AM
 
Location: Simmering in DFW
6,955 posts, read 20,727,727 times
Reputation: 7229
If I were serious about a property near a former site of a gas station or dry cleaners who does on-site dry cleaning, I'd find out if the underground storage tanks had been removed and also have the soil tested at the property. I know you can buy soil quality test kits online for about $30, but I don't know if they test for environmental hazards or just nutrients. I bet you could phone your state university and ask about testing. Since you are considering a house behind an inactive gas station, its not your issue, but I wouldn't buy a property behind an active gas station because the dangers of vapor contamination in my daily life....we are all exposed to that, but living near an active gas station increases exposure tremendously.
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Old 10-30-2011, 09:40 AM
 
Location: Sierra Vista, AZ
16,525 posts, read 22,004,017 times
Reputation: 8732
Some cities require that the tanks be filled with sand. Check with your city and see what the situation is. If they have been filled leakage should not be a problem
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Old 10-30-2011, 10:40 AM
Status: "Enjoying the winter" (set 25 days ago)
 
Location: East of Seattle since 1992, originally from SF Bay Area
34,062 posts, read 61,944,958 times
Reputation: 37994
Harmful or not, you will have a difficult time re-selling it. Even if it's cleaned up and demolished, something even less desirable could go up, like a 7-11
that has a lot of traffic, noise and litter day and night. I'd avoid any house next to a commercial space.
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Old 10-30-2011, 01:39 PM
 
6 posts, read 16,141 times
Reputation: 11
Thanks everyone for your answers. I'll check with the town to see what information they have. I am somewhat concerned about it being demolished and something worse being put in it's place.

Maseman, could you expand on your response?
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Old 10-30-2011, 02:32 PM
 
Location: Mostly in my head
19,864 posts, read 60,015,703 times
Reputation: 19250
Quote:
Originally Posted by Boompa View Post
Some cities require that the tanks be filled with sand. Check with your city and see what the situation is. If they have been filled leakage should not be a problem
No current leakage is fine but you can't know about past leakage without testing the soil.
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Old 10-30-2011, 06:06 PM
 
6 posts, read 16,141 times
Reputation: 11
I asked around and someone told me they believe the tanks were actually removed several years ago. Would this eliminate any issues for the FHA appraisal? Will the FHA appraiser require a soil test?
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Old 10-30-2011, 08:35 PM
Status: "Enjoying the winter" (set 25 days ago)
 
Location: East of Seattle since 1992, originally from SF Bay Area
34,062 posts, read 61,944,958 times
Reputation: 37994
Most vacant gas stations around here have remained intact for years despite the tank removal. No one wants to buy the property because of the huge cost of testing, removal, and disposal of contaminated soil. I would think the lender is not concerned about the hazard as much as the effect on the property value, and whether it will appraise for what you are offering.
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