Oh my, not quite a gold rush but there seems to be a copper rush here in Chesapeake. Copper is around $3.75 a pound. That might not sound like much but when you can just go to your local new home site and pick up coils of it sitting around, it adds up fast. Recently a young man was sentenced to jail time and ordered to pay Dominion Power back over $10,000 for restitution. Cell towers are also a hot spot for thieves. There is lots of wires and also copper grounding bars there for the picking. The salvage yards are often the ones to call police as they get most of the copper that is stolen. Something for criminals to keep in mind when going after Dominion Power as that often those facilities fall under federal guidelines. When that happens the penalties are usually more severe.
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We have had this problem for several years around my town. The theives even hit the office I used to work at. They hit new construction homes and pull out the wiring as well as vacant homes. It is really terrible as the damage they cause is tremendous compared to the amount of wire that they get!
Denise,
Good post. Also, thank you for the comments on my blog.
Happy selling.
Jim
I've done a couple of inspections recently that had all the copper removed that was accesible. If you list foreclosures, you probably should keep an eye on the copper sources. Not that you can do much about it other than report it when it happens.
Thanks for reading my blog.