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

2013 

Westside Man Arrested on Money Laundering Charges Related to Alleged Embezzlement of Nearly $370,000 from Girl Scouts U.S. Attorney’s Office December 18, 2013 Central District of California (213) 894-2434 LOS ANGELES—A Marina Del Rey man is expected to make his first court appearance this aftern...
12/19/2013
Father and Son Telemarketers Convicted in Timeshare Resale Fraud Affecting 1,000 Victims U.S. Attorney’s Office December 17, 2013 Southern District of Texas (713) 567-9000 HOUSTON— Ronald Frank Muise, 51, and his son, Michael Derek Muise, 28, both of Las Vegas, Nevada, have been convicted of con...
12/17/2013
Two Northern California Real Estate Investors Agree to Plead Guilty to Bid Rigging at Public Real Estate Foreclosure Auctions Investigation Has Yielded 40 Plea Agreements to Date U.S. Department of Justice December 17, 2013 Office of Public Affairs (202) 514-2007/TDD (202) 514-1888 WASHINGTON—Tw...
12/17/2013
Rhode Island Estate Planning CEO, Employee Sentenced to Federal Prison for Obtaining Millions in Death Benefits in the Names of Terminally Ill Individuals U.S. Attorney’s Office December 16, 2013 District of Rhode Island (401) 709-5000 PROVIDENCE, RI— Joseph A. Caramadre, 53, president, CEO, and...
12/17/2013
   #2490 If the seller agrees to include the dishwasher in the sale of the home for 250 dollars the seller should include this item in the HUD-1 report. Is this true or false ? Please take your time solution is posted below the wildlife photo. A. False The seller should provide a bill of sale for...
12/15/2013
#2489 When a residential appraiser starts looking for comparables and a sales comparison approach is used he's interested in homes that have been occupied for at least two out of the last three years. Is this fact true or false ? Please remember to take your time. The solution is posted below the...
12/15/2013
#2488 A contract to build a new home is signed with a builder to build a luxury home costing 675 thousand dollars in a neighborhood of homes valued 150 thousand dollars and less. The new home will lose value. This loss of value is known as aversion. Is this true or false ? Take your time. The sou...
12/15/2013
  #2487 When we speak of an appraiser collecting data which is accumulated in a general manner the appraiser has conducted an analysis of the building as well as analyzed the site. Is this true or false ? Take your time. the solution is posted below the wildlife photo. A. False If the appraiser i...
12/15/2013
#2486 An owner of a multi-family property thinks that a hot tub area with a shower would be a nice addition to the work-out area on the property. He's asked an appraiser if the addition of the new hot tub and shower area would create value for the property.  The appraiser is concerned with the pr...
12/15/2013
#2485 When a developer declares that he or she plans to build a mixed-use development, which includes a beautiful shopping mall, and this development will occur adjacent to your lot which is zoned commercial, property values start to increase because of the developers project. When the property v...
12/15/2013
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David Saks

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