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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ARCHIVED BLOG POSTS
2013
Thomas and Heidi Komasa Sentenced for Mortgage Fraud U.S. Attorney’s Office April 15, 2013 District of Vermont (802) 951-6725 The Office of the United States Attorney for the District of Vermont announced that former Vermont residents Thomas Komasa, 48, and his wife Heidi Komasa, 40, who now l...
04/15/2013
Reno Woman Sentenced to More Than Six Years in Prison for Loan Fraud U.S. Attorney’s Office April 12, 2013 District of Nevada (703) 388-6336 RENO, NV—A woman who fraudulently obtained a $228,000 home equity loan in her father’s and mother-in-law’s names by forging their signatures and the sign...
04/15/2013
Former IRS Agent Sentenced to 24 Years in Federal Prison for Murder-for-Hire and Tax Charges U.S. Attorney’s Office April 12, 2013 Southern District of California (619) 557-5610 SAN DIEGO—Former Internal Revenue Service agent-turned-tax preparer Steven Martinez was sentenced today by U.S. Dist...
04/15/2013
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Office of Public Affairs, Washington, DC 20410 HUD No. 13-050 FOR RELEASE http://www.hud.gov/news/index.cfm DONOVAN ANNOUNCES HUD’S 2014 BUDGET Proposed plan builds on efforts to grow middle class, pr...
04/15/2013
Certified Public Accountant Disbarred for Multiple Circular 230 Violations WASHINGTON — The Internal Revenue Service today announced that its Office of Professional Responsibility (OPR) obtained the disbarment of Certified Public Accountant Anthony A. Tiongson for charging unconscionable fees, gi...
04/15/2013
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#2140 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...
04/14/2013
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#2139 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...
04/14/2013
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#2138 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...
04/14/2013
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#2137 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...
04/14/2013
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#2136 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...
04/14/2013