🏡HOME BUYING CHECKLIST UNDERGROUND OIL TANKS🏡
Channel: Mark Schreier Long Island Realtor
Date: 10/12/2019

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🏡Home Buying Checklist Underground Oil Tanks
NASSAU COUNTY NEW YORK
Are you thinking about buying or selling a house with an underground oil tank?😨
If So this video is for you.

Topics discussed

👍 Just because the house you are considering buying has gas heat doesn’t mean it couldn’t have an out of service oil tank still underground.
👍 DIY tips on how to check for an in-ground old oil tank
👍How to protect your investment on both the buyer and seller side of the transaction.
👍 How to be proactive not reactive in this process
👍Nassau County oil tank removal or abandonment permit search website.
👍 DIY check, home Inspector check, environmental service company check if needed. Free estimate…
👍 Soil sample if warranted if you suspect the oil tank leaked
👍 Whoever owns the house when the leak was discovered is responsible for the clean-up.  (Check Homeowners insurance coverage)
👍 Buyer beware
👍 Soil sampling not 100% accurate
👍 State DEC has all records about the house oil tanks if there were issues.

ADDITIONAL TIPS:
1) Check to see if your homeowner’s insurance policy would cover a possible clean-up.  Talk with the claims department. Some old policies covered this claim.
2)  If they say it is not covered anymore ask if it is grandfathered into your policy. (could save you thousands of dollars)

Useful websites:
Nassau County small tank removal and abandonments search database:
https://apex5.nassaucountyny.gov/ords/f?p=340:155:::NO:155:P155_UNI_TYPE:REMOVAL
NYS Petroleum Spill Data Base:
https://www.dec.ny.gov/cfmx/extapps/derexternal/index.cfm?pageid=2
Environmental Services Company for free estimates C2G. 
 http://www.c2g.us/index.php
Suggested Videos: 
What In The World Is Going On With The Mortgage Rates?
https://youtu.be/P1LwH9vUb2Y 
When Is The Best Time To Sell?
https://youtu.be/KR6NfnDunuU
Are You Looking To Buy And Sell A House At The Same Time?
https://youtu.be/S8Z5qSdtcEE

Please feel free to contact me  with questions
Mark Schreier Licensed Real Estate Agent 
Century 21 American Homes Real Estate
Email: Realtor@markschreier.com
Text: 516.263.9094 Syosset, New York
Website: https://markschreier.c21amhomes.com
My Blog:
https://longislandrealestate101bymarkschreier.blogspot.com/2019/

Making Dreams Come True One Home At A Time.
If you have an interest in residential real estate then this Youtube channel is for you. Learn the ins and outs of selling and purchasing a house from the day you list or start your search to closing and many subtopics and guest speakers along the way. By Mark Schreier Realtor (Licensed Sales Associate) with Century 21 American Homes Real Estate

#Nassaucountyundergroundoiltankchecklist, #firsttimehomebuyerchecklist #homebuyerchecklistoiltanks

Legal Disclaimer: The information provided in these videos and any accompanying material is for informational purposes only.  One should consult with a financial, legal or investment professional to determine what may be best for your individual needs.  It's only meant for use as informative or entertainment purposes.

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