U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New York > Westchester County
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 04-24-2013, 08:27 AM
 
3 posts, read 7,475 times
Reputation: 10

Advertisements

Hi we are interested in buying a house that has an underground oil tank that is in use. The current owner has proguard on the tank and a home owner's insurance . Is it worthwhile to close on the house, take ownership, get proguard & insurance transfered to our names and then pull the underground tank and replace it with aboveground tank when we are the owners of the house?

Everyone we talk to is suggesting that we make seller replace underground tank with above ground tank before contract and closing. This is the safest option. But the problem is in case there is contamination we could potentially keep waiting for months.

Rather than the indefinite wait on seller's time, we are thinking we may be better dealing with the cleanup on our time. Bad idea?
Rate this post positively Reply With Quote Quick reply to this message

 
Old 04-24-2013, 12:11 PM
 
Location: Bellevue, WA
1,488 posts, read 4,109,753 times
Reputation: 594
Very bad idea! If there is any contamination, you want it while they have title to the house...not you.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-24-2013, 02:00 PM
 
Location: Yorktown Heights NY
1,316 posts, read 4,868,240 times
Reputation: 435
As long as the tank is less than 20 years old and is in use, you have nothing to worry about and there's no reason to remove it. Underground tanks have been safe since the 1980s and are still very standard in most of Westchester, including in new construction. The rules for what materials were used in tanks changed in the 80s and the risk of leaks became minimal. Old unused tanks pose a huge risk, but newer in-use ones don't at all. Check out the state DEP site, which has info on this.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-24-2013, 02:42 PM
 
Location: San Antonio
297 posts, read 670,725 times
Reputation: 314
I thought they werent up to code any longer?
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-24-2013, 03:02 PM
 
3 posts, read 7,475 times
Reputation: 10
thanks folks. unfortunately tank is way older than 20 years. and from what reading i have done here and elsewhere, i'm pretty sure it has leaked.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-24-2013, 05:01 PM
 
183 posts, read 433,976 times
Reputation: 47
If the tank has been professionally inspected and the surrounding soil tested, and it is deemed "failed" it will be automatically registered as a "failed" tank with the DEC. All elements will need to be retested/new installation and deemed "cleared" before the DEC releases the tarnished mark on the property.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-24-2013, 05:54 PM
 
Location: Bellevue, WA
1,488 posts, read 4,109,753 times
Reputation: 594
It's leaked in the past? Run!

Even if you get it cleaned up, some subsequent buyer can still come back and sue later on. My uncle has been in litigation for years over a house he sold with a supposed clean bill after a tank leak.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-24-2013, 07:18 PM
 
Location: Yorktown Heights NY
1,316 posts, read 4,868,240 times
Reputation: 435
If its older than 20 years and/or has leaked, I'd certainly make the owners deal with it before purchasing it--and I'd probably not get involved with it all.

Americansman, no underground tanks are totally up to code and very much standard practice. We put ours in and since we're in the Watershed the DEP observed and certified the entire process.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-25-2013, 06:50 AM
 
Location: San Antonio
297 posts, read 670,725 times
Reputation: 314
When we sold my dads house we had to install a new one in the cellar. His house was built in 1953 and the in ground tank was original.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-25-2013, 07:38 AM
 
451 posts, read 653,793 times
Reputation: 686
I just dealt with this problem.

The tank does not have to be pulled out. They can treat it by emptying the tank, filling it with a special foam, and call it "abandoned in place." The company gives you the paperwork to show that it's been done according to the environmental regs. It cost me $2500. Then I just set up a new tank in the basement.

If there was contamination, my homeowner's would cover it.

Maybe you can split the cost of tank treatment with the homeowner while they still have their insurance.

The company that treated the tank was called Lauzon.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New York > Westchester County
Similar Threads

All times are GMT -6. The time now is 06:15 AM.

© 2005-2021, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top