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

2011 

                                                         #1135 A developer built a highrise building in the greater Memphis metropolitan area. This highrise includes residential units, office space and retail stores and is considered to be a planned unit development. True or false ? A. False A hi...
05/15/2011
                                                           #1134 When we talk about equity we're considering the fact that the neighbors yard is equal to the size of our yard. True or false ? A. False When the subject of equity is discussed when considering the matter of real estate or real estat...
05/15/2011
                                                      #1133 A seller confronted a real estate agent about the prospect of drawing up various documents pertaining to real estate financing. The seller even asked the agent if he would consider creating documents so that the seller might proceed with...
05/15/2011
                                                            #1132 The owner of a new parcel of land was granted the right to drive across his neighbor's driveway to reach his home. What is this right considered to be an example of ? A. An appurtenance. An appurtenance is considered a supplementar...
05/15/2011
                                                            #1131 What is generally consdidered to be the most important economic characterisitic of any parcel of land ? Remember, accessibility is also something that figures prominently into the equation when you consider this particular characte...
05/15/2011
Department of Justice Press Release For Immediate ReleaseMay 13, 2011 United States Attorney's OfficeDistrict of Connecticut Contact: (203) 821-3700 Two Men Charged in Mortgage Fraud Scheme David B. Fein, United States Attorney for the District of Connecticut, today announced that a federal gran...
05/13/2011
Seller Sued for Allegedly Stealing Down Payments Fernando Chavez-Guillen, has been sued for an apparent scam being perpetrated against mobile home buyers in Albuquerque, New Mexico, who paid a deposit or made a down payment and then never obtained delivery or received their deposit money back. C...
05/13/2011
Tuesday, May 10, 2011     Real Estate Developer Arrested John R. Steffen, St. Louis, Missouri, a real estate developer, was arrested May 9, 2011, for allegedly making misrepresentations concerning collateral for a loan, among other things.  Steffen was initially charged in 2010, however the gover...
05/12/2011
                                                  #1130 When we consider the right to control or use property or real estate, and to freely dispose of the property as we see to it at will or through a deed, these rights are incorporated into what system ? Take your time. The solution is posted be...
05/08/2011
                                                              #1129 When we describe something as unique it's considered to be scarce ? Think of dissimilar and anything marked by dissimilarity. True or false ? Take your time. The solution is posted below the wildlife photo. A. False If it's consi...
05/08/2011
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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.
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