UST sounds like a disease, doesn’t it? Well it can cause major issues on a purchase. If the home being purchased has an abandoned underground storage tank (UST), and the buyer is using a VA or USDA, the tank must be inspected by a qualified environmental engineer who will comment on the tank and surrounding area as it conforms to the Environmental Protection Agency (EPA). So if the appraisal for a VA or USDA loan mentions an underground storage tank, an environmental study must be performed by an engineer and all requirements on the study must be met. Requirements could be to fill it with sand or other approved material, remove it completely, or other requirements.
VA Actual Guideline for Underground Storage Tanks:
When there is an indication of apotential environment problem (e.g., abandoned underground fuel storage tank),the appraisal report must contain a requirement for correction of the problemin accordance with any local, state or federal requirements.
EPA Resources in regards to UST’s:
Local Environmental Inspectors: Porter Scientific Environmental Division, a division of Porter Scientific, Inc. specializes in providing environmental services caused by wastewater, storm water, solid waste and HAZMAT pollution. They deliver turnkey solutions to their clients. Through experience, cutting-edge technology and equipment, and customer satisfaction, Porter Environmental has created an outstanding track record of service to its clients and to the community. Many government agencies, municipalities, and commercial clients now depend on Porter Environmental to address their environmental compliance issues.