Underground Petroleum Storage Tanks & Home Sales- UST’s

UST

UST

What happens when we find Underground Petroleum Storage Tanks (UST) at a home for sale?  Sometimes nothing; sometimes a lot!  Some lenders don’t care while other want the tanks tested for leaks and any soil contamination cleaned up prior to funding the loan.

Let’s say we’ve got a leaking UST with contaminated soil and the lender requires a clean up to fund the loan, what to do?  In Virginia the UST’s may require a permit from the local city or county to install or remove.  For removal and cleaning up the soil contamination we’ve used cost share money for the Virginia Department of Environmental Quality (DEQ). Sounds like a lot of paperwork!

In the past I’ve had clients use three companies Silka Environmental Services, Inc. , Jeffrey A. Sitler Environmental Services, Inc.   and Pollard Environmental to test the soil, obtain the proper permits, apply for & receive cost share funds for the clean up, and manage the UST removal and soil clean up.  Both did a great job.

The clean up cost my clients $500 and a little of their time with Cost Share paying the bulk of the clean up.  If you selling a home with a UST or considering buying a home with a UST, I would suggest contacting one or both of the environmental firms to explore you options and learn about the available programs.

Taking Soil Samples

Taking Soil Samples

 

About James Friend Dickerson

Real Estate Consultant As a native of Central Virginia and a full time REALTOR since 1991, James listens to your needs to provide information allowing you to make informed choices. In our constantly changing world, you need a REALTOR who puts you first providing rigidly flexible service. James Dickerson provides a high level of service designed to fit each individual clients needs. Having received many awards from both the local Association of REALTORS and RE/MAX International, James is recognized as an authority on the local real estate market. The highest form of recognition James receives continues to be the many repeat clients who seek out his services time after time plus sending their relatives, friends, co-workers and neighbors to James for their real estate needs. Contact James today for an interview to discuss your real estate needs. James is a licensed real estate sales person in the Commonwealth of Virginia with Charlottesville Solutions. Personal As a Central Virginia native (Born in Charlottesville and raised in Albemarle and Louisa Counties), James' youth was filled with extra-curricular activities and organizations centered around school, church and the Boy Scouts of America. A graduate of Virginia Tech with a degree in Forestry and Wildlife Management, James' non-real estate activities include spending time with family & friends, traveling, stalking deer & spring gobblers, fly fishing, church and Masonic activities. James and his lovely bride Karen live between Zion Crossroads and Gordonsville in the Green Springs area of Louisa County. Their dog Sammy passed away so they'll be adopting another dog soon through www.petfinders.com.
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