Take Caution with Your Copper Pipes: Thieves are on the Hunt

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Real Estate Agent with Monument, Black Forest, Falcon, Fountain homes

 

 

                                  Take Caution with Your Copper Pipes

 

          Homeowners beware: copper thieves are seeking an easy buckcopper pipes in older homes by dismantling and removing copper pipes and wiring from unsuspecting owners. I just Googled the price of scrap copper and came up with a place in Denver that pays $2.99 per pound of scrap copper and $1.79 for wire.  Apparently that’s enticing enough for thieves to stand up and take action.

 

          One of my past clients contacted me this week letting me know there was a break in at their 1940’s downtown bungalow but they were confused as to what vandals wanted.  Hearing that all the cabinets in the garage were in upheaval and the furnace was turned with pipes missing- I knew who lurked behind this job and they came with tools to get what they were after. 

 

          Although this is one of the more unpleasant byproducts of our current economic situation, it is something to be more aware of especially for vacation and vacant home owners. This might be a good time to put in a plug for home security systems.

 

 

           For the vacant home sellers we have an amazing solution here in Colorado Springs. A company called Caretakers of America that will place screened caretakers in a vacant home, stage the home, and pay utilities while the home is marketed.  This has been a successful venture for many owners and a viable solution to several issues concerning vacant properties including home insurance.  As for Realtors it’s the perfect solution to a win win on the marketing side: compliant caretakers and a staged home.  

 

          

 

 

 

 

 

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Topic:
Home Selling
Location:
Colorado El Paso County Colorado Springs Old North End
Groups:
Colorado Real Estate
Lessons Learned
Bananatude
Tags:
insurance
selling your home
vacant homes
vacation homes
security systems
copper thieves
caretakers
scrap metal recycling

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Rainmaker
1,958,570
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Have the youngest of four kids going to Colorado College in your friendly city. Old mobiles, a few of them had aluminum wiring, not copper. Was not safe... not from being stolen but from practical use.

Sep 27, 2011 11:29 PM #1
Rainmaker
272,437
Jim Palmer
Chipola Realty - Chipley Office (850) 638-2777 - Sunny Hills, FL
Washington County, Florida

The thieves don't even have to go inside the house if they don't want to. The outside AC compressor units also contain quite a bit of copper. We are seeing quite a rash of vandalism to these units at vacant homes, churches, and other businesses.

Sep 27, 2011 11:51 PM #3
Rainer
93,559
Lorraine Sayer
Monument, Black Forest, Falcon, Fountain homes - Colorado Springs, CO
Realtor ABR,CDPE,GRI - Colorado Springs,CO RE/MAX

Andrew: Don't be afraid to say hello when you are out here visiting that young un! Aluminum wiring is a whole other issue....we have tons of that in the old Victorians here.

Valerie: unfortunately one of the best sources is pipes in the older homes

Jim: My broker suffered that loss here in town at both of our offices.  We now have 24 hr surveillance and one camera on the A/C!! 

Sep 28, 2011 02:41 AM #4
Rainmaker
198,910
Cory Fitzsimmmons
ReThink Real Estate Group - Golden, CO
Realtor - Denver, CO ReThink real estate group

Wow. Amazing. Unfortunate. Although I am not suprised. Thanks for the heads-up Lorraine.

Sep 30, 2011 05:20 AM #5
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Rainer
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Lorraine Sayer

Realtor ABR,CDPE,GRI - Colorado Springs,CO RE/MAX
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