I would NOT run from the deal, we had a similar property in my area that sat because everybody was "afraid it might be contaminated" a local junk guy paid cash for the property,($75,000) on a gamble, he had the tank dug up, property inspected and all was clear, 2 months later Cumberland Farms bought the property from him for $300,000.
Banks will not loan money unless it has had a 21E test that clears it. Not all property's are contaminated. Like Neil says, you need to hire a legit co. to do an honest test.
