Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

20
Posts
0
Votes
Sara Blouin
0
Votes |
20
Posts

Oil Tank Leaking PPM

Sara Blouin
Posted

Hello all,

I have a leaking UST on property I am under contract with. The soil borings came back as 20,000 ppm. Remediation starts at 5,100 ppm according to EPA from what the company states and what i have read. Does anyone have any experience with analyzing how bad 20,000 ppm is on the spectrum? What is the worst you have all seen? What were your costs to remediate? Please share your experiences!!

Thanks for your input!

Most Popular Reply

User Stats

630
Posts
377
Votes
Ed Emmons
  • Specialist
  • Milford, ME
377
Votes |
630
Posts
Ed Emmons
  • Specialist
  • Milford, ME
Replied

This can be very serious. I would not do it unless the seller takes care of the problem. Another option would be to get an estimate and deduct the cost. The fact that it is known means it needs to be professionally remediate or it will come back on you.

Loading replies...