David Saks' Blog

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Industry Observer - TN LIC# 290452
David Saks is a musician, retired real estate broker, and long-time ActiveRain member. David's blog features important information relevant to the safety, integrity and security of the industry. In addition to his widely read real estate fraud blog, a comprehensive overview of real estate continuing education is a weekly addition for his subscribers and the ActiveRain community at-large. Thank you for subscribing to and for visiting David's ActiveRain home on the internet. Please join. Membership in ActiveRain will enrich your life !

ARCHIVED BLOG POSTS

2013 

22 Comments
  I passed the million marker today.   What I've learned from you is priceless.   Worth more than any points....   My life is better because of you, & ActiveRain   I don't want to burden you with a long, boring, time consuming, epic dissertation, accompanied by a violin player, about why I'm grat...
09/30/2013
Some only want to play a game and keep score.    To some members it's a game called "ActiveRain". ActiveRain is not a game.   ActiveRain is a network of highly skilled, dedicated real estate professionals.   Most of them anyway.   When you get ActiveRain points it's because of your involvement. N...
09/30/2013
Two New Jersey Investors Plead Guilty to Their Roles in Bid-Rigging Schemes at Municipal Tax Lien Auctions Investigation Has Yielded 14 Guilty Pleas U.S. Department of Justice September 30, 2013 Office of Public Affairs (202) 514-2007/TDD (202) 514-1888 WASHINGTON—Two financial investors who pur...
09/30/2013
Here's a Musical Offer You Can't Refuse A Great Tune You'll Recognize From "The Godfather" Tommy Dorsey and His Orchestra & Jo Stafford   "Manhattan Serenade"   Have a Great Day !    
09/30/2013
The Tennessee Real Estate Appraisers Commission has issued their Fall 2013 newsletter This newsletter and past newsletters are available here on the Tennessee Real Estate Appraisers Commission website. Unless otherwise indicated, files are Adobe Reader® Files [pdf], 6.0 or higher. You may need to...
09/30/2013
Loan Officer and Straw Purchaser Admit Roles in Multi-Million-Dollar Mortgage Fraud U.S. Attorney’s Office September 27, 2013 District of New Jersey (973) 645-2888 CAMDEN, NJ—A loan officer and a straw purchaser today admitted they conspired to defraud financial institutions as part of a multi-m...
09/30/2013
   #2380 When a broker creates a relationship between himself / herself and the seller this type of relationship is known as implied agency ? Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. False An implied agency is one where the parties will imply tha...
09/29/2013
   #2379 When we consider the term fiduciary when we're talking about a real estate transaction we're always talking about the person that has the legal authority to act in the absence of on behalf of another person when signing a contract or making an offer. Is this true or false ? Take your tim...
09/29/2013
#2378 When a home was constructed, each room of the house was preassembled at a factory before being driven to and unloaded at the construction site. After the preassembled materials were in place the rooms were wired and fitted with heating and refrigeration vents and electrical extensions. Plum...
09/29/2013
#2377 A medical building owner wanted to convert the building into residential property and sell individual units in the building once the conversion had been completed. When a building is converted into something other than which it was originally constructed or intended for this is know as modu...
09/29/2013
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David Saks

Broker / Industry Analyst
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Most real estate fraud-related articles and Department of Justice Press Releases published here are taken from the public record, which normally include press releases and court documents related to each entry and case. Any other type of record, i.e. newspaper reports, are only published after consent has been obtained from the original publisher.
Nothing will be published that has not been verified via the public record or consent provided.
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