Most Crucial Part Of Your Home Inspection: Is There An Oil Tank Present?
When it comes to buying a property, one of the most important steps in the process is the home inspection. This is an extensive examination of the house conducted by a professional home inspector, and it's designed to provide the buyer with a clear, understandable report on the condition of the property. In Nanaimo, Victoria, and the Comox Valley, one of the most crucial elements of a home inspection is checking for the presence of an oil tank.
Why is an Oil Tank Inspection Important?
Oil tanks, particularly underground ones, can pose significant environmental risks. If they leak, they can contaminate the soil and groundwater, leading to expensive cleanup costs and potential legal issues. In addition, many insurance companies are reluctant to cover properties with oil tanks due to these risks. Therefore, it's essential to know whether there's an oil tank on the property before you finalize your purchase.
How is an Oil Tank Inspection Conducted?
During a home inspection, the inspector will look for signs of an oil tank. This may include visible pipes or vents, fill caps, or patches in the yard where an oil tank might have been removed. If there's suspicion of an oil tank, the inspector may recommend further investigation by a company that specializes in oil tank detection. This could involve using metal detectors or ground-penetrating radar to locate any hidden tanks.
What Happens If an Oil Tank is Found?
If an oil tank is found on the property, it doesn't necessarily mean you should walk away from the purchase. However, it does mean you'll need to take additional steps. First, you'll want to have the tank inspected for leaks. If leaks are found, you'll need to have the tank removed and the contaminated soil cleaned up, which can be a costly process. If the tank is in good condition, you may choose to have it removed anyway to avoid future issues, or you may decide to keep it and have it inspected regularly to ensure it remains in good condition.
Questions to Ask Your Home Inspector
When hiring a home inspector, it's important to ask if they have experience with oil tank detection. Not all inspectors offer this service, so you'll want to ensure yours does. You should also ask what steps they'll take if they suspect an oil tank is present, and what the potential costs could be for further investigation or removal.
Trust the Professionals at Capri Home Inspections Co.
At Capri Home Inspections Co., we offer thorough home inspections that include oil tank detection. Our inspectors are highly trained and experienced, and we're passionate about helping our clients make informed decisions about their property purchases. We understand that buying a home is a significant investment, and we're committed to providing you with the information you need to make the best decision possible.