DS News - Digital Archives

January, 2013

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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» VISIT US ONLINE @ DSNEWS.COM INDUSTRY INSIGHT Pick PEX: MARKET PULSE Although there have always been risks involved with owning vacant property, the recent rise in foreclosures and simultaneous dip in the economy resulted in a wave of vandalism and theft. Copper wire, especially, has been targeted for its resale value on the street. PEX tubing (crosslinked polyethylene) is now a viable option for those looking for an alternative to copper. Costeffective and practical, PEX is a great choice in lieu of copper and can be used anywhere you'd use copper in homebuilding or repair work. BEST PRACTICES GROUND FORCES POINT— COUNTERPOINT Advanced A/C Armor: Light Done Right: Copper theft continues to be a problem and appliance thieves typically go for the easily accessible equipment housed outside the residence first— both make A/C units prime targets. Although there are many effective A/C cages on the market today, a new technologically advanced alternative has emerged. Attachable to any A/C unit or heat pump and operating on its own battery-powered source, these systems utilize GPS satellite technology, motion sensors, and an accelerometer to monitor for any suspicious movement 24 hours a day. If tampering is detected, the property owner and local police are alerted within seconds. Never underestimate the security value of the right lighting. It is one of the least expensive and most effective ways for a property owner to prevent break-ins. Particularly for vacant homes, experts in the field suggest installing battery-powered, motion-detecting lighting near all access points. An added feature that can be applied is an automatic timer for activating and turning off lights inside the house. When using these timers, it is recommended the time settings differ from one day to the next to allow for the illusion of tenancy. 55

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