Most of the time, homeowners with underground oil tanks treat them with an “out of sight, out of mind” mentality. They treat these tanks as incapable of breaking down and leaking until it is too late. Once a leak starts, it’s a race against the clock to contain the leak and protect the surrounding environment.
House shopping is no easy task, and when you come across a home you love, you are hard-pressed to give it up. But what if the home inspector reports there’s an old or leaking oil tank under the property? Should you still move forward with the sale?
Underground fuel tanks are prone to seep oil or leak, and the likelihood of that happening increases with the tank’s age. The impact of a leak, even a more minor leak, depends mainly on the type of soil the fuel is leaking into. The type of soil can affect everything from the water table to being able to use the soil after remediation. Here’s what you should know:
Many HVAC systems require heating or fuel oil to function. While this is an efficient way to heat your home, it also poses the risk of oil leaks, resulting in costly clean-ups or, even worse, safety issues.