Asset Management & Recovery: Stolen Windows – Copper Intact

As part of our service to our clients, we routinely conduct site inspections on our listings.  This is done for security purposes, of course, but we also conduct maintenance on the properties as needed.

During the warm months we are at the properties more often that we would be during the winter as we are responsible for the lawn care.

The last inspection of the problem property was last Thursday.  This morning I received a call from our field guy that he needed to cease cutting lawns for a few hours and board up some windows and a door on one of the houses.

Apparently, the rear door was kicked in and about 50% of the vinyl replacement windows had been de-installed.  Some were still in the house near the rear door.

This raises two points:

1. Thieves are getting smarter.  Windows are worth more than scrap copper.
2. The neighbors are idiots.  Why wouldn't someone, anyone, call the number on the for sale sign in front when they saw this?

One of the neighbors told Andy that there have been people over there "working" every evening for the last 3 days.  Are you kidding me?  That wasn't a contractor !!!!  Anybody know a window contractor or any contractor for that matter who doesn't show up with  a TRUCK???

This reminds me of a scene in a movie called Lord of War where Nicholas Cage sits handcuffed to a milk crate overnight watching locals strip his cargo plane down to the frame.

Windows.  Get Your Windows.  Any Size, Slightly Used.

Yep.  One of the fun parts of REO is that every day is interesting and different.

Now I need to go change MLS to identify that the property has a brand new, alternative, cooling system.  It will probably include a price reduction too.