Re: Re: Re: How Old Is Too Old?

Posted by Slowpoke on May 01, 2004 at 23:55:31 from (4.246.21.55):

In Reply to: Re: Re: How Old Is Too Old? posted by T_Bone on April 23, 2004 at 15:47:39:

T-Bone, I think the reason is that a farm tank under 1000 gal may be exempt from inspection. About 5 years ago, I was about to buy a 10 acre parcel that had an underground tank of less than 1000 gal. The county said it was exempt. After I made an offer that was accepted, the sellers decided to have the tank inspected as they were worried that the loan would not fund. I told them it was exempt, forget about it. They also wanted additional down payment, even tho they wouldn't carry the loan. So I backed out. Last I heard, they had spent over $10,000 on the cleanup.

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