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

2012 

                                                              #1533 If a listing broker negotiates the sale of a property with a ready, willing and able buyer and all of the terms established between the buyer and seller are met, and correspond with the terms of the listing agreement, if the sell...
02/19/2012
                                                            #1532 When an agreement to purchase real estate is created, a purchase agreement, it must state what the methods of payment will be from the buyer, the type of financing terms arranged by the buyer, the listing price of the property, and...
02/19/2012
                                                    #1531 When a provision is added to a contract for the purchase of property (a purchase agreement) that states the contract will not become a binding contract unless the buyer has secured the financing necessary for the purchase of the property t...
02/19/2012
I'm not working for magicJack, although it would be nice to own stock in the relatively new company, so what I'm about to say is sincere, willingly shared and uncoerced. The magicJack is astounding, is devine intervention for the nations economy, and will save you thousands and thousands of dolla...
02/19/2012
NAR could put together a committe to determine whether or not there's a conspiracy to shut NAR down. Even if no client-broker relationships have been established with NAR. Only fees for dues and products have been paid. The real estate brokerages of the United States can shut the National Associ...
02/19/2012
Former Cartersville Mayoral Candidate Sentenced to Federal Prison for Bank Fraud Cordell Received Over $1 Million from Mortgage Scheme U.S. Attorney’s Office February 17, 2012 Northern District of Georgia (404) 581-6000   Bank Crime, Financial, Press Release   ATLANTA—H. GREGORY CORDELL, 46, of ...
02/17/2012
West Alabama Man, Tuscaloosa Woman Sentenced in Separate Disaster Fraud Cases U.S. Attorney’s Office February 16, 2012 Northern District of Alabama (205) 244-2001   Fraud, Press Release   BIRMINGHAM ALA federal judge today sentenced a West Alabama man to 21 months in prison for fraudulently clai...
02/17/2012
Leader of Sophisticated, Violent Fraudulent Document Ring Sentenced in Virginia to 25 Years in Prison U.S. Attorney’s Office February 16, 2012 Eastern District of Virginia (804) 819-5400 Press Release   RICHMOND, VA—Israel Cruz Millan, 26, of Raleigh, N.C., was sentenced today to 25 years in pri...
02/17/2012
When a customer , prior to signing a listing agreement, looks at you and says from right out of the blue, "Are you a Republican or a Democrat ? Who are you voting for ?" Now you have a snappy comeback that's supposed to insure that your partisanship won't kill the damned deal. You proudly raise ...
02/16/2012
Second Conspirator Pleads Guilty in Scheme to Fraudulently Obtain Over $1.399 Million from Baltimore Housing Authority Account U.S. Attorney’s Office February 16, 2012 District of Maryland (410) 209-4800   Financial, Fraud, Press Release, White-Collar Crime   BALTIMORE—William Allen Darden, age ...
02/16/2012
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David Saks

Broker / Industry Analyst
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