Having an underground storage tank could cause some major issues when listing your property. Be sure you know the signs of contamination and how to tackle potential issues.
Selling your Iredell County or Lake Norman, NC home?
If you are someone with an underground storage tank (UST), you may be wondering what to do with it. Traditionally in our area, we’ve used home heating oil as a resource for keeping homes warm, which requires a UST.
If you have a UST on your property and are wondering what to do right now, know that it is exempt from regulation. But, if your tank has a leak or spill, regulations will apply. This means you will have to go through the process of sampling and testing your property to make sure you meet those regulations.
If you no longer use your UST, my best advice is to remove all the remaining oil from it in order to avoid contamination. Additionally, if you suspect contamination, it never hurts to check.
Remember, when you fill your tank, do not fill it with water. Instead, opt for a solid and inert material, like sand, to fill up the tank.
You may also, instead of filling the tank, hire a professional environmental company to remove the tank.
It's important that you address any issues with your UST as quickly as possible.
All of these points are especially important if you are looking to list your home. Buyers could potentially be concerned by the presence of a UST.
However, whether you are selling your home in the near future or down the road, it’s important that you address any issues with your UST as quickly as possible.
Some indicators of contamination from your UST include a strong smell of petroleum, a puddle of oil, and/or visible stains in the soil. So, if you notice any, don’t hesitate to act. Contact your local waste management program or the North Carolina Division of Waste Management Underground Storage Tank Section.
To learn more about this topic, or to ask any other questions you may have, feel free to call or email me. I look forward to hearing from you.
