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

2012 

A good sport is someone who doesn't knock the pieces on the floor after they lose at checkers. Similarly, a good sport is someone who is happy that a competitor closed a deal. That's what good business is. That kind of attitude shares the wealth. A good sport gets by with a mistake or two and kn...
02/20/2012
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Ruby Keeler was married to Al Jolson. She was the greatest dancer in show business during the depression.
02/20/2012
Ben Bernanke Assesses the Housing Market On February 10, Federal Reserve Chairman Ben Bernanke addressed the 2012 National Association of Homebuilders International Builders' Show in Orlando, Florida. His topic was the national housing market, including an analysis of where it stands and where it...
02/20/2012
                                                     #1540 One of the great benefits that a buyer has by signing a buyer's agency agreement is that they have access to confidential information about the seller's absolute lowest price for the property. Is this fact true or false ? (if you blow thi...
02/19/2012
                                                    #1539 A buyer's agent does not have the right to be be compensated by the seller. Is this true or false ? Take your time. The solution is posted below the wildlife photo.   A. False A buyer's agent may always accept a share of the commission tha...
02/19/2012
                                                  #1538 A contract is considered to be a void contract if it can't be enforced because of a statute of limitations. Is this true or false ? Take your time. The solution is posted bel;ow the royalty free wildlife photo.   A. False If a statute of lim...
02/19/2012
                                                         #1537 If an option to purchase real estate has been recorded but has never been worked out, the option may always be reverted to a form of protection or collateral for a new loan. Is this true or false ? Take your time. The solution is post...
02/19/2012
                                                     #1536 A latent defect never has to be disclosed to a buyer because of the confidential nature of the relationship the broker has with the seller. Is this fact true or false ? Take your time. The solution is posted below the wildlife photo. A. F...
02/19/2012
                                                            #1535 When we talk about a latent defect we're speaking of a defect endemic to a particular property and obvious. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. False A latent defect is never ...
02/19/2012
                                                           #1534 When we spedak about a dual agency, a rule of thumb is that any time an agent assumes dual agency the dual agent is obligated to disclose all confidential information to both parties. Is this true or false ? Take your time. The solu...
02/19/2012
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David Saks

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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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