David Saks' Blog

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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

2014 

Another Greenleaf Co-Owner Pleads Guilty in Multi-Million-Dollar Mortgage Fraud Scheme U.S. Attorney’s Office January 14, 2014 Western District of Missouri (816) 426-3122 SPRINGFIELD, MO—Tammy Dickinson, United States Attorney for the Western District of Missouri, announced today that a Nixa, Mi...
01/15/2014
Former Insurance Agent Sentenced for Stealing Customers’ Premiums U.S. Attorney’s Office January 13, 2014 District of Kansas (316) 269-6481 TOPEKA, KS—A former Marshall County insurance agent was sentenced Monday to 21 months in federal prison for stealing customers’ premiums, U.S. Attorney Barr...
01/15/2014
Former City Clerk in Havana, Kansas Charged with Embezzlement U.S. Attorney’s Office January 14, 2014 District of Kansas (316) 269-6481 WICHITA, KS—A former city clerk for the city of Havana, Kansas was charged Monday with embezzling funds from the city and her church, U.S. Attorney Barry Grisso...
01/15/2014
The Worst Seller Mistake I'm pretty convinced that the worst thing a seller can do is hire an agent that doesn't do a thing for them but sit on his or her thumbs and wait for the phone to ring. Hiring an inexperienced, lazy agent is at the top of my worst seller mistake list. A dead beat agent wi...
01/14/2014
Seven Defendants Indicted in $49.6 Million Mortgage Fraud Scheme Involving North Carolina Property Development U.S. Attorney’s Office January 10, 2014 Southern District of Florida (313) 226-9100 Wifredo A. Ferrer, United States Attorney for the Southern District; Michael B. Steinbach, Special Ag...
01/14/2014
  Image from Bing.Com Once again another bunch of aging actors and actresses stereotyping potty-mouthed slackjawed yokels on drugs. Amazingly, Dennis Quaid wasn't in this film. I sat through it. And was in pain when I left. I wanted to roll up the windows in my car and yell a sigh of relief when...
01/13/2014
Former Ashburn Jeweler Sentenced for Running $20 Million Mortgage Fraud Scheme U.S. Attorney’s Office January 10, 2014 Eastern District of Virginia (703) 299-3700 ALEXANDRIA, VA—Robert Mikail, 41, formerly of Ashburn, Virginia, was sentenced today to 52 months in prison, followed by three years ...
01/13/2014
#2530 If you think the appraisal on the property is too low you should submit a reconsideration request only if it is requested by a loan officer. Is this fact true or false ? Please remember to take your time. The solution is posted below the wildlife photo. A. False You don't have to wait on th...
01/12/2014
#2529 A property lost some value because it was close to a county landfill site. Ths is know as functionl obsolescence. Is this fact true or false ? Remember to take your time. The solution is posted below th wildlife photo. A. False When a property loses value because of some condition outside o...
01/12/2014
#2528 Most all sales comparison methods of appraisal are based on the assessed values of property as used for the purposes of establishing revenue for property taxes. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False A sales comparison m...
01/12/2014
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David Saks

Broker / Industry Analyst
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