Got copper........................make sure you keep it.

By
Real Estate Agent with RE/MAX By The Bay

This past weekend I showed a very rural property in an adjoining county. It was in a remote location with 9 acres, a fairly new house, barn, pond, fenced and cross-fenced. The proverbial little piece of country paradise.

My buyers loved it......so much we wrote an offer. Since it was a foreclosure and the owner is a faceless bank in another state who has never even seen the property much less lived there, there was no property condition disclosure to review.

Monday morning I get a call from the listing agent: "Jim, there's a problem with my listing you wrote the offer on." "Over the weekend someone broke in and cut all the electrical wires in the attic and also the copper water supply lines underneath."

So now this house has no wiring and no plumbing.

Theft of copper wiring and piping has became a huge problem in this area; even new houses are being targeting.

Scrap copper is selling for about 2 bucks a pound now so it's very simple and easy for thieves to go in, cut all the exposed pipes and wiring in the attic and in crawl spaces, burn the insulation off the electrical wire and make a trip to the scrap metal yards. You can probably steal anywhere from 10 to 30 pounds of copper from a modestly sized house; at 2 bucks a pound that a minimum of $20.00 up to $75 or a hundred dollars.

Plenty for a few six packs, couple of large pizzas, and a bag of dope for a party. In the aftermath there is several thousand dollars worth of damage left behind for homeowners and sellers to deal with.

Any copper thieves in your neck of the woods???

 

Posted by

Jim Lee , REALTOR®, Certified Residential Specialist (CRS)

http://JimLee.com  RE/MAX By The Bay

150 Mirona Road, Portsmouth, NH 03801 Phone: (603) 431-1111 x3801

Visit New Hampshire Maine Real Estate.com to search homes, get Seacoast area information, and find out how great living on the New Hampshire and southern Maine Seacoast really is.

 

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Location:
Tennessee
Tags:
copper
scrap yards
copper thieves

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Ambassador
640,604
Kristal Kraft
Denver Real Estate - 303-589-2022
The Berkshire Group Realtors

A representative in Colorado has introduced a bill about this very topic.

January 31, 2007 11:54 AM
Rainmaker
496,405
Patricia Aulson
Realtor - Portsmouth NH Homes-Hampton NH Homes
PRUDENTIAL VERANI REALTY- Portsmouth NH Real Estate

Very interesting blog I enjoyed reading it.  Nothing like that happening in my area, SEACOAST NH/?ME &MA What a shame , what will they resort to next.  Security Systems might be a help along with people in the house.  I'm sure the thieves knew the house and realized it was vacant.

 

Patricia Aulson/REALTOR/Seacoast NH/ME & MA      URL:   www.patricia4realestate.com 

 

 

January 31, 2007 01:05 PM
Ambassador
322,795
Karen Hurst
Rhode Island Waterfront!
STONEHURSTREALTY.COM

Jim,

I have a foreclosure in my state also without copper. They also took most of the radiators! And the covers on the electrical boxes!   Guess we should be checking EBAY.

January 31, 2007 03:01 PM
Rainmaker
136,993
Vicki Lloyd
(949)457-0281, Lake Forest and South Orange County, CA
The Real Estate Professionals
Here's another one that's hard to believe - In the Hemet area, there have been thefts of firehydrants (cost the city about $1500) that are stolen, melted down, and sold as scrap metal (value about $200!) 
February 03, 2007 03:42 PM
Rainer
33,648
David Petrovich
S.P.O.C.H. a 501c3 Charitable NP

There is a lot of redevelopment going on in the City of Camden, NJ which at one time and may still be the murder capital of the USA.  Recently, an electrical subcontractor was working late in a construction trailer in an enclosed, high security area. Long story short, there were giant spools of copper wire. Burglary noises.  An inquisitive contractor.  A gunshot.  Blood. The contractor was wounded, but is now recovering.

Tip to copper thieves:  I know that T-Mobile installers of inter-city sub-stations abandon a great deal of wire as it is too heavy to save. Next time, just ask!

February 22, 2007 12:57 PM
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Jim Lee

Portsmouth NH Realtor, Portsmouth, NH
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