Oil Tank Inspections

By
Home Inspector with Campbell Property Inspections

Inspecting oil tanks has always been a visual thing... yes/no it's leaking, its rusted, its leaning.... etc... but how much could we really tell about the life expectancy left in an oil tank just by looking at it... NOT MUCH that is for sure...

Today we have a new tool... I love tools/gadgets... its manufactured by Boston Environmental and provides us the capability to determine how much metal there is remaining in the bottoms of tanks using an ultrasonic pulse.

I am sure there is way to much science involve to explain it here... but here is run down of what we are INCLUDING on ALL inspections with OIL TANKS!

 

Oil tanks will typically corrode from the interior out and on the bottom of the tank where water settles... this is impossible to see until too late. Wait... I know... you see tanks rusting on the outside too... typically the damp basements... I know... that is an obvious problem. But the hidden problem inside the tank is what we are after.

The equipment measures the metal thickness and provides us a reading. We can now tell our clients whether the tank is acceptable or not. NICE!

We provide a Certificate of Acceptance which allows the client to join a program (TankSure) which will warranty the tanks that pass against failure... typically free for the first year and a small annual fee there after (covers annual inspection)... if/when the tank fails... boom $1000 towards a new tank.. (1200-1800)

So even if you stay on the program 20 years and it costs less than 40.00 per year... you still make out.

In addition, depending on your provider, you can get a homeowners discount... saving you even more money.

Again we will provide this service as part of our everyday inspection, but it is up to the homeowner to take care of the available benefits...


It's a NO LOSE situation!

Comments (8)

Brian Belcher
RE/MAX Executive - Charlotte, NC
Charlotte Realtor

Great post, thanks for this information.

Nov 03, 2008 06:58 AM
Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate

Jeff,  Good info for a Realtor to have.  What do you do with underground tanks that are still in operation?

Nov 03, 2008 06:58 AM
Associate Broker Falmouth MA Cape Cod Heath Coker
https://teamcoker.robertpaul.com - Falmouth, MA
Heath Coker Berkshire Hathaway HS Robert Paul Prop

My sister just replaced hers for fear of it being too old.  A test would have been a great idea.

Nov 03, 2008 06:58 AM
Jeffrey Campbell
Campbell Property Inspections - Gardiner, ME
Maine's Home Inspector!

Thanks for comment Charlotte, Richard and Heath...

Technology is certainly changing...

Underground tanks in residential areas especially are nightmares I can only imagine... In 7 years of inspections I've never come across one... they should be removed if you ask me... we certainly cannot inspect them... you would never know when they are leaking.

check out TankSure.com for available inspectors in your area... they are expanding all the time.

 

Jeff

Nov 03, 2008 07:06 AM
Gene Allen
Fathom Realty - Cary, NC
Realty Consultant for Cary Real Estate

Good idea.  We don't remove them here, just fill em up with some gook and go on our way oblivous to what is left over.

Nov 03, 2008 11:13 AM
Jeffrey Campbell
Campbell Property Inspections - Gardiner, ME
Maine's Home Inspector!

I guess the fill them around here too as I think of it... but not sure. I don't come across them often... Service stations are often have their fuel tanks removed I guess...

Nov 03, 2008 02:22 PM
Frank Torre
Torre Inspection Service, LLC 888-202-8869 - Hicksville, NY

Hi Jeffrey, great post good info that do you do for underground oil tanks? In my area they are a lot of them still around.

Nov 23, 2008 12:26 PM
Anonymous
Jeff Campbell

No we are not testing underground tanks... merely identifying them...

Nov 23, 2008 02:02 PM
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