Anyone ever deal with an oil tank buried underground? Should I walk away from this deal? The sellers agent said it’s been cleaned out. I have never heard about this.

Hi everyone have a 2 family under attorney review in Bayonne, NJ. During review attorney passed along that a there's a decommissioned underground oil tank, I saw reports/permits from state of that. I asked my attorney...

I am writing a Letter Of Intent for a 5 Unit near me, and would like some ideas of what to ask for in the LOI.
The owner doesn't have much in the way of financials (old school) a couple tenants pay in cash he in turn...

First investment property --Our offer has been accepted today for a 2-family home for a househack. We will be inheriting a tenant from one of the units. Now that Attorney review will be starting, is this the typical p...

Hi,

Hope to get some help regarding my situation.

I just got an accepted offer in jersey city and my inspector copper lines for oil tank in the basement. Oil tank is supposed to be in the front yard ((it's a brown s...

Hello, BP community!!  I am about to close a property; however, my attorney found there is a oil tank under the property, which had been filled sand back to 2006.   My attorney suggest us to demand seller to complete ...

I recently look at a SFH that was listed for 99K in an area that houses would sell for around 150ish, due to location this one is prob closer being valued at 130ish. I was trying to buy and hold it and offered 75k, fi...

I am under contract for a multi-family in Pawtucket, RI and we are hammering out the details post-inspection.  The seller is pushing back on lots of the repairs I am asking for and I don't want to ask him to remove th...

Hello, I have new tenants in a month to month lease. I started them off with 101 gallons of fuel oil. They moved in about the first week of November. Issues started I had someone come out and drain the system. it was ...

Hi I am purchasing a property in New Jersey and there is a big issue with the oil tank and the seller does not want to pay to fix it and my lawyer says that there's no clause in the contract that they will be responsi...