Oil Tank or Oil Heating System Could Kill Your Home Sale

There are still communities in the Chicago land area with houses utilizing oil fueled heating or converted to gas heating appliances with oil tanks remaining on premises. I’ve seen several abandoned oil tanks in basements and crawlspaces (in a few thousands of properties I’ve evaluated, not one had an active oil fueled heating system, but I was lucky to accidentally discover a couple of underground tanks), and in some of those situations, property owners didn’t even know about them (at least that was my impression).
For underground oil tanks, spotting one would be an accident, pure luck, or curiosity – unexplained […]