Oil tanks are still hiding in a ton of North Jersey homes and a leaking one can cost $10K–$50K to clean up. This is known as an environmental defect and usually falls on the Sellers’s responsibility to cure, but it’s better to stay informed. So what should you look out for at an open house? 🚩 Fill pipes outside — usually two metal pipes sticking up near the foundation 🚩 Vent pipes running up the side of the house 🚩 Rusted oil tanks in the basement or yard 🚩 Strong fuel-oil smell near the boi
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