Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
What’s worst than signs of a single in-ground oil tank? Thinking that there might be two in-ground oil tanks at the same property! I was beside myself as I saw this sight on the way into the home. Fortunately, once we got to the lower level we could see that there was actually basement space under the front porch (very unusual) and that these pipes fed the two tanks in that space. Whew!
Once upon a time, burying the tanks that held home heating oil was a standard practice. Nowadays we put them in the basement. Mortgage companies don’t like there to be in-ground tanks at the homes they lend on because they worry about an unbounded environment liability. If there turns out to be a problem with the buried tank, then the owner has to deal with it. And if the owner walks away from the home,
The other day we posted a picture of some old school fuses. Sticking with the electrical theme, here’s another situation we see periodically. Lights that you turn on and off by plugging in an extension cord. This isn’t the preferred way to control your permanent overhead lighting, and will be flagged by a home inspector every time. A couple things jump out in this example… First, each of the cords is clearly labeled – which
These are fuses for the electrical system of a house. Most homes that you see these days have been updated to circuit breakers, so finding fuse boxes becomes less common each year. It’s okay to want to buy a house that has fuses, but you should plan for them to be upgraded. Perhaps you’ll be able to convince the seller to deal with them before the closing. That’s unfortunately not always possible though, so just
Two previous articles about the Historic Homes Rehabilitation Tax Credit have generated a number of questions. We have gathered the most common and reached out to an expert to get the best answers possible. Hopefully this will point you in the right direction if this program is relevant to you… What is the Historic Homes Rehabilitation Tax Credit? We’ve written two versions of the overview. The first was in 2011 and focused on the nuts