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December 20, 2017

Why Selling Your Property May Require An Oil Tank Removal In Vancouver

If you are thinking of selling your home, one of the areas that you may not have considered, or have been aware of, is the possibility of an oil tank buried beneath your property

This can often come as a surprise to many homeowners, with a large proportion of them being unaware of the reasons for an oil tank removal in Vancouver.

Oil Tank Removal In Vancouver, Briefly Explained

Many years ago, underground oil tanks were used ona large number of properties across Greater Vancouver, as a way of storing oil for powering and heating their homes. As natural gas and electricity became more widespread and popular, the buried oil tanks became redundant, with many of them simply left in the ground.

As the oil tanks age, they are prone to rust and corrosion, which means anything left inside of the oil tank can leak out and contaminate the surrounding area. This is one of the largest concerns when it comes to an oil tank recovery, as any damage that occurs due to a buried oil tank is the liability of the property owner, even if they weren’t aware of its existence.

While some homes did undergo an oil tank recovery, or draining of the tanks, if there is still one buried under your property there will be traces of harmful substances inside. As a result, an oil tank removal in Vancouver is crucial, if there is one buried under your property.

The Impact On Selling Your Home

Now that the significance of an oil tank removal in Vancouver has been demonstrated, we move onto the impact this can have on selling a home.

In many cases of a pending sale, the buyer will request information on whether there is, or was, a buried oil tank on the property. For those who do not have legitimate proof, they will need to hire a professional to engage in a full oil tank scan of the property. There have been many times in the past when this has slammed the breaks on a potential sale, making the process important to do as soon as possible.

Book An Oil Tank Scan

If you are unsure whether you have already had an oil tank recovery, or need an oil tank removal in Vancouver, book in with a specialist today to conduct a thorough scan.