David Saks

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Education & Training - TN LIC# 290452 (retired)
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

2008 

                                            On June 13, 2008, criminal charges were filed against David Strain, a former real estate investor, alleging conspiracy to commit money laundering associated with his role in a mortgage fraud scheme. The charges allege that from July 2004, through Januar...
06/25/2008
                                            Do you absolutely have to have an attorney to close the deal? I don't think that there's a state in the Union that would require a buyer or a seller to have to have an attorney to close the deal. Do you know of one? Let me know if you do. On the other h...
06/19/2008
    United States Attorney's Office Eastern District of New York Robert NardozaPublic Affairs Officer (718) 254-6323 Robert.Nardoza@usdoj.gov             FOR IMMEDIATE RELEASE                      June 19, 2008   TWO SENIOR MANAGERS OF FAILED BEAR STEARNS HEDGE FUNDS INDICTED ON CONSPIRACY AND F...
06/19/2008
For Immediate ReleaseJune 19, 2008 Washington D.C.FBI National Press Office(202) 324-3691 Today, the U.S. Attorney's Office for the Eastern District of New York announced an indictment against two senior managers of failed Bear Stearns hedge funds, charging Ralph Cioffi and Mathew Tannin with co...
06/19/2008
  For Immediate ReleaseJune 19, 2008 Washington D.C.FBI National Press Office(202) 324-3691 The Federal Bureau of Investigation WASHINGTON - The Department of Justice and Federal Bureau of Investigation (FBI) announced today a national takedown of mortgage fraud schemes, the culmination of substa...
06/19/2008
Voice Chat With Active Rain Members In The Java Applet Below ! Turn Your Volume Up & Hook Up Your Microphone ! Your On The Air ! Download the Surf & Call file (very small file) to begin voice chatting with everyone if your prompted for it. FREE plug-in that will enable you to voice chat directly ...
06/17/2008
                                                        Was this a good idea? Did somebody make a mistake? Is the flood gate wide open for bad deals? The FHA 90-day waiting period, created in 2003 to retort predatory lending and house flipping has been given a reprieve, on the heels of the worst ...
06/17/2008
                                        Just what in the heck does it mean when somebody says that your in violation of a breach of contract ??? Well, kind of in a nutshell, it means that it's the kind of contract that's been terminated, canned, axed, or blown off if the contract has been violate...
06/15/2008
                                         I joined Active Rain on March 16, 2008 I can say, absolutely, that I love Active Rain and the friends and acquaintances that I've made here. It's great beyond comprehension. I've started to slow down a little because of real-life kinds of things that have ...
06/14/2008
                                                       When we think of depreciation we usually think of three types of depreciation: physical depreciation, functional obsolescence and the good old external obsolescence, which might even be taken a step further and referred to as local obsolescen...
06/14/2008
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David Saks

May God Bless You, Always. David
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