Above Ground Basement Oil Tank

[Brittany D.]

Hi BP Community!

Looking into a property right now with a basement oil tank (above ground). I know nothing about oil tanks except for the fact that they're potentially risky. I've read some things but I am also no expert to tell whether or not its "clean". I know this would be inspected and such, but I want to take precaution and just view this house one more time. What are key things to look for?

How much would the removal of this possibly cost if this was a clean tank?  Is it worth buying a house with something like this? This is my first property and I don't want to get off on the wrong foot. I have experience with the 10k chaos my mom dealt with in regards to her below ground oil tank. How much would my homeowner's insurance increase for having this above ground tank (estimated of course)?

Any input regards ABOVE GROUND BASEMENT tanks would be great! 

TY!

[Alfred Edmonds]

also...is it in use? hooked up to a furnace? Oil heat is common here in Massachusetts