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.
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RECENT BLOG POSTS
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ome licensees, after dedicating years of service to marketing properties, might decide to retire but not get out of real estate all together. They may decide to help clients make decisions about investing in or purchasing property. What capacity would a licensee serve in this manner ? A. Real est...
03/01/2015
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An estmate of a property's market value conducted in a manner based on methods that have been established and undertaken by trained professionals applying professional judgement about market value is performed by whom ? Take your time. The answer is posted below the wildlife photo. A. A real esta...
03/01/2015
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What are the two characteristics that we consider to have the most impact when we consider the market value of the land ? Please take your time. The answers are posted below the wildlife photo. A. Uniqueness and immobility. What we're considering here is that no two parcels of any
03/01/2015
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When we consider the words broker and REALTOR® are they alike or unrelated ? Take your time. The answer is posted below the photo. A. The terms are unrelated . A broker is a real estate licensee and a REALTOR® is a member of the National Association of REALTORS®. More specifically, the term REA...
03/01/2015
Ashburn Businessman Pleads Guilty in Nearly $1 Million Short Sale Mortgage Fraud Conspiracy U.S. Attorney’s Office February 27, 2015 Eastern District of Virginia (703) 299-3700 ALEXANDRIA, VA— Danny Zhao, 36, of Ashburn, Virginia, pleaded guilty today to conspiracy to commit bank fraud. Dana J. ...
02/28/2015
REAL ESTATE FRAUD FILES “Greed, by nature, which includes reprehensible acquisitiveness and one's insatiable desire for wealth, at some stage of evolution, is like an x-ray machine that exposes the filthy soul and drags the culprit of that deadly sin into hell on earth.” ― David Sak...
02/26/2015
West Virginia Couple Sentenced for Defrauding Elderly Victim to Purchase Beach House U.S. Attorney’s Office February 25, 2015 Southern District of West Virginia (304) 345-2200 WHEELING, WV—A Wetzel County couple was sentenced in federal court today after they stole nearly $400,000.00 from a 90-y...
02/26/2015
Seventh Defendant Pleads Guilty in Mortgage Fraud Conspiracy That Resulted in at Least $3.9 Million in Fraud At Least 35 Properties Throughout Minnesota Went into Foreclosure as a Result of Scheme U.S. Attorney’s Office February 25, 2015 District of Minnesota (612) 664-5600 The United States Att...
02/26/2015
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Mortgage Fraud Blog sends me an update email once per week. The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www.mortgagefraudblog.com. Rachel Dollar is a California attorney who represents lenders in mortgage related litiga...
02/24/2015
Former Township Tax Collector Charged Federally with Theft of $300,000 in Public Funds U.S. Attorney’s Office February 24, 2015 Middle District of Pennsylvania (717) 221-4482 The United States Attorney’s Office for the Middle District of Pennsylvania announced that a Criminal Information was fil...
02/24/2015