These are the questions answered in this podcast.
- Do you remove oil tanks?
- Do you have an approximate price?
- I had the soil tested already, do you have to test it again for Simple Guard?
- Can I remove the tank and sell the house with no heating source, let the buyers deal with it?
- How much do you charge to investigate the soils around my oil tank?
- How much is Simple Guard per month?
- Does Simple Guard transfer to new homeowner?
- Is there a deductible for Simple Guard if there is a claim?
- How much to install a new above ground oil tank?
Transcript Below!
Speaker 1:
Hello?
Teddy:
Yes.
Speaker 1:
Hi. I’m sorry. I work for the council of Teaneck, not that it has anything to do with what I’m about to ask you. But somebody just called in about a permit and that transferred from down. I noticed your number. A question I have for you is do you remove oil tanks?
Teddy:
Yes, 100%. That’s what we do.
Speaker 1:
Okay. Do you have like approximate prices? Obviously I know depends on the size, but what else would be factored into that?
Teddy:
It’s really the location of the tank. So is it is an underground or above ground, the tank?
Speaker 1:
Underground.
Teddy:
Where’s it located on the property? Is it front, back, sides?
Speaker 1:
The back, between a garage, which is separated from the house, and the back of the house.
Teddy:
Okay. What does the address? I’m going to try and look it up on Google, real quick.
Speaker 1:
Seventh Street.
Teddy:
And that’s in Teaneck?
Speaker 1:
Yeah.
Teddy:
Okay, perfect. I’m looking at the house right now. It looks like brick on the bottom and white on top?
Speaker 1:
Yes. Aluminum siding.
Teddy:
Yep. So you go down the driveway on the left. It’s in the driveway or it’s in the back of the house?
Speaker 1:
It’s in the back of the house. If you go up that driveway, toward the garage.
Teddy:
Yep.
Speaker 1:
It’s between the garage and the end of the house. In that area.
Teddy:
Okay. And was that tank ever filled in place? Or does it have oil in it?
Speaker 1:
It has oil in it. It is still being used right now.
Teddy:
And what’s the reason for removing it?
Speaker 1:
I’m trying to sell the house.
Teddy:
Okay. I have another option for you, that you may want to consider. It’d be a little bit more cost effective.
Speaker 1:
Okay.
Teddy:
We could come in there and we could probe around that tank, and if I could prove that the soil is clean, we can offer you an extended warranty that would cover you up to $150,000 in potential cleanup costs. What we’re finding is that, buyers are really loving this. It’s basically like an insurance product. It’s $59 a month and it’s transferable to the new owner.
Speaker 1:
Okay. To be honest with you, I did have the soil tested and the tank tested, back in November and it did come up clean.
Teddy:
Okay.
Speaker 1:
But you know, a lot of people, I understand would rather not have the tank underground.
Teddy:
Yeah.
Speaker 1:
And I’m just trying to find out how much it would be to remove it.
Teddy:
So the tank pull itself is about 1600 bucks, in the backyard, that’s what you’d be looking at roughly. But then you’ve got to figure, are you going to convert to gas? Are you going to put a new one above the ground? What are you going to do for a heating source?
Speaker 1:
I was going to leave it up to the new owners.
Teddy:
Yeah. The problem is you’re not going to be able to sell the property like that without a heating source, because they won’t be able to get a mortgage without a heating source.
Speaker 1:
I got you. Okay.
Teddy:
Do you know what I mean? So now you’re looking at, you could be spending close to four or five grand on the low end, between a new tank, pulling that tank. So it gets very costly, that’s why I was saying, we charge 600 to come out to sample it. We would have to do our own investigation. And once I prove that it’s clean, it’s basically 59 bucks a month. That’s very reasonable. And like I said, most buyers are okay with that because it’s basically covering them up to $150,000 in potential losses.
Speaker 1:
Okay.
Teddy:
But you’d have to come in and do your own survey?
Speaker 1:
I would, yeah. We have to use our own equipment. We charge 600 for that service, and then within four or five days, I could come out and do it, and then I could then offer you the program.
Teddy:
Okay. And that would be $59 a month? And then the new owners could have to be transferred and they could remove it?
Speaker 1:
Yeah, exactly. If they want to remove it, they can remove it. If there are any claims … Once they remove it, they hire us to remove it. If we remove it and find that there’s the leak, then they’re covered what that plan, up to 150 grand.
Speaker 1:
There’s a small deductible. If there’s a claim, it’s a $1,500 deductible and then they be covered up to 150 grand, so it’s a very extensive coverage. It’s the best type of warranty on the market right now. There are no loopholes where we don’t cover our clients. We’ve been doing these extended warranties for years. If you check us out online, you’ll see our reviews. We have over 212 Google reviews, with a 4.8 rating.
Speaker 1:
So, if you’re interested in that, I think that’s your most cost effective option. Or if you want us to pull it, we can pull it too. Like I said, you’re looking at 1600 and then roughly 2,500 to put a new tank in, if you wanted to put a new tank in.
Teddy:
I got you. Okay. Well, thank you. Let me think about it. I just want to make sure, your number is (732) 965-8035?
Speaker 1:
Yes. That’s our direct line. Yep.
Teddy:
Okay.
Speaker 1:
And your name is?
Teddy:
My name is Teddy.
Speaker 1:
Teddy? Okay. Thank you.
Teddy:
All right. You’re welcome. Thanks.