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Updated over 8 years ago,

User Stats

224
Posts
45
Votes
Tzvi Balsam
  • Investor
  • Brooklyn, NY
45
Votes |
224
Posts

Oil tank in bayonne.

Tzvi Balsam
  • Investor
  • Brooklyn, NY
Posted

I am in contract on a 6 Unit with an oil tank that can't be removed for being to close to a utility pole, seller says he won't mind if i back out of contract based on this. (He has another buyer that will take it as is)

The tank was decommissioned legally and he has the paperwork to prove it and I called the city to verify.

I am at a loss do not know how to proceed, I want the deal but I want the tank out what do I do ?

I spoke to a broker earlier that tells me even if it was decommissioned legally it still might be leaking.

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