If you need assistance, please call 914-290-5258

Buried Oil Tanks | From Urb to Burb and Beyond Blog

Tuesday, September 22, 2020   /   by Vanessa Saunders

Warning to sellers: This unseen home feature is a buyer's biggest turn-off.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
Underground heating oil tanks can be a major issue for home buyers. Tanks that are no longer in use can be ticking time bombs for home owners. If you should ever decide to sell your home, a bank or the buyer will likely ask for an environmental assessment or the removal of an underground oil tank. Home buyers are now routinely being advised by their lawyers and home-inspectors to exercise caution when buying a house with an underground storage tank (UST) and perhaps even insisting that the tank be removed or abandoned before sale.
The reason? It’s better to be safe than sorry.
If you plan to sell your home in the future, underground oil tanks are arguably #1 on the list of “Biggest Potential Buyer Turn-offs” because whoever buys the home takes on liability for the tank and any damages it may have caused over the years. New York requires all USTs be emptied, cleaned, and rid of all ...

Read More


  hudson valley real estate, hudson valley property, hudson valley home owners, selling your home, home inspections, buried oil tanks

Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258


NY.png


NY.png

The data relating to real estate for sale or lease on this web site comes in part from MHMLS. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the MHMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. ©2022 Mid-Hudson Multiple Listing Service, Inc. All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from One Key, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the One Key, Inc logo or an abbreviated logo and detailed information about them includes the name of the listing broker.

The information appearing herein has not been verified by One Key, Inc or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

©2022 One Key, Inc. All rights reserved.

The data relating to real estate on this website comes, in part, through the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the IDX logo and detailed information about them includes the name of the listing broker.
This site powered by CINC: www.cincpro.com