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Posted to alt.home.repair
 
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Default Basement smells like oil

Sounds like you may have had a leak. Since the smell persists, you
might have a lot of oil "stored" in and under the floor- potentially a
big problem, one that should have been disclosed by the seller/agent.
It's a long-term health problem.

I'd get an impartial expert to find the source of your problem. Then
you may want to take his findings to your attorney. Really.

J