REAL ESTATE RANT EP2: Tips for Dealing with Oil Tanks When Buying or Selling a Home

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  • Опубліковано 18 лис 2024

КОМЕНТАРІ • 17

  • @5410th
    @5410th 4 роки тому +7

    The seller who sold me a four-family house in Weehawken had to spend $298,000 to remove the oil tank and remove the contamination. The whole process took close to two years and had to dig 9' X 30' feet in length trench to remove the contamination. And to stabilize the building, the contractor had to underpin the structure and lay a new foundation. The sad thing is, she did not have insurance, and the State only paid a fraction.

  • @Allmykeys
    @Allmykeys 4 роки тому +3

    Thanks so much. One of the houses I am thinking about buying has an underground Oil Tank. Thats hasn't been used in years. Im definitely gonna pass on this house!

    • @SilvioLav
      @SilvioLav  4 роки тому

      Probably a good idea!

    • @Allmykeys
      @Allmykeys 4 роки тому +1

      @@SilvioLav I'm now under contract with another house. Guess what? After getting a Tank sweep, It turns out that this house also has an underground oil tank. Whats the company that removes it for $2000 ?

    • @deliguy58
      @deliguy58 4 роки тому +1

      @@Allmykeys i just had my underground tank removed for $ 1800 no problems found in NNJ

    • @Victoria-ed9hz
      @Victoria-ed9hz 3 роки тому

      @@deliguy58 what’s the info for the company you used to remove

    • @deliguy58
      @deliguy58 3 роки тому

      @@Victoria-ed9hz Hi
      Core Environmental Newton NJ owner Mr Pepe , I highly recomend

  • @1down5up_enduro
    @1down5up_enduro 4 роки тому +1

    What if you decide to fill oil tank that is not contaminated?

  • @Macrivi
    @Macrivi 5 років тому

    How much could cost?

  • @carlsams109
    @carlsams109 5 років тому

    So that's great info on an in ground oil tank but how about an updated video on a removal of in basement one...like cost to remove company to remove how hard or easy it is...

    • @relivethesplendor9302
      @relivethesplendor9302 Рік тому

      Very easy. Company will drain and saw it in half n take it out. $500 here in Massachusetts

  • @GONAIVES
    @GONAIVES 4 роки тому

    Mapplewood NJ?

  • @Star-vg7ix
    @Star-vg7ix 3 роки тому

    This is not mandatory in NJ

  • @playicon8122
    @playicon8122 5 років тому

    Hi Im Huma Akram from upwork.applied at you job post .So please checked the skills of video editing i have