Hot Copper

Fotolia_1314272 The rising cost of metals is fueling crimes being committed around the country.  People are stripping buildings and construction sites of copper.

Home builders deal with thieves all the time.  The vacant homes are vulnerable to such stripping because no one is around to question the thief.

Jim Lee a Realtor in Tennessee was in the process of selling a home when the thieves struck, stripping the home of all the copper.

The issue has become so troublesome in Colorado Rep Nancy Todd, D-Aurora is sponsoring HB-1141.  The bill will require a commodity metal buyer to record the seller’s I.D. and get a statement from the seller about where the metal was obtained.

The question is, “will thieves tell the truth?”

When builders, insurance companies and home owners are faced with costs to cover replacing copper in homes, the consumer ends up paying too.

As a good neighbor, remember it’s ok to call the police when something doesn’t look quite right.  Let’s do our part to enforce the law.  All it takes is a telephone call.

<photo credits Jon Helgason – FOTOLIA>

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About the Author

Kristal Kraft
Kristal has been helping buyers and sellers in Colorado since 1984. She enjoys sharing her knowledge of the Metro Denver Real Estate market via blogging and in person while driving around the beautiful Rocky Mountain town of Denver! For fun, Kristal enjoys shooting things with a Canon. Visit Denver Photo Blog

Related posts:

  1. Metro Denver Real Estate Market Report ~ July 2011
  2. Metro Denver Real Estate Trends – September 2011
  3. Metro Denver Real Estate Trends – August 2011
  4. Metro Denver Real Estate Statistics and Trends by Zip Code – October 2011

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One Comment

  1. Posted January 30, 2007 at 8:54 pm | Permalink

    Interesting. Thanks for the post. I look forward to your future work.

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