In-ground oil tanks can present problems you may want to avoid. Skip to Article. Set weather. ... Buying old house with in-ground oil tank | Biz Brain. Updated: Dec. 25, 2017, 1:15 p.m.

Oil heating is a safe and cost-effective option for heating your home. If you have a house with an oil tank, you should expect to replace the tank every 10 to 20 years.

Any tank - like the one on the property you're thinking of purchasing - that has been in the ground longer than 15 years has a high chance of having leaked.

State authorities told KATU you could be exposed to potentially cancer-causing substances from a hidden heating oil tank buried on your property.And those substances can be odorless, so you'd ...

No. 5, from David Horowitz: “Pryco and Roth (roth-usa.com) make small oil tanks that may squeeze down his stairs.” No. 6, from Kevin Kean, who had two tanks installed in his old house.

"No buyer is buying a house with an underground oil tank," said Nancy Lastra, managing broker of Century 21 Eudan Realty in Rutherford.

BOSTON — A leak in their 275-gallon heating oil tank two years ago left Arlington resident Jay Eberle and his wife with about $10,000 in damage to their finished basement, plus a $12,000 bill ...

"I could see it coming out of the tank, so I knew it was home heating oil," Brian Proctor said. "The first day it happened, we said: 'Well, this is a pain, but it will be covered.

Sooner rather than later is the best time to address that old heating oil tank in the yard or taking up basement space. The average cost to remove your old fuel oil tank is $1,500, ranging from ...