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

2013 

#2484 When an appraiser is using an income approach to value mortgage payments are generally figured in as part of the property's operating expenses. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False Mortgage payments are not considered...
12/15/2013
   #2483 When an appraiser considers the early phases of a property's life cycle they're referring to the phase which is commonly referred to as the phase of appreciation. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False The phase they'...
12/15/2013
#2482 When we speak of the highest and best use of a property we're generally speaking of the best way that a property could benefit the community and satisfy the needs of the neighborhood. is this fact true or false. Please remember to take your time. The solution is posted below the wildlife ph...
12/15/2013
#2481 The Uniform Standards of Professional Appraisal Practice endorse the use of letter reports when communicating with a client. Is this fact true or false ? Remember to take your time. The solution is posted below the wildlife photo. A. False Letter reports are not acceptable to the USPAP. Let...
12/15/2013
   #2481 The Uniform Standards of Professional Appraisal Practice endorse the use of letter reports when communicating with a client. Is this fact true or false ? Remember to take your time. The solution is posted below the wildlife photo. A. False Letter reports are not acceptable to the USPAP. ...
12/15/2013
Con Artist Who Craved a Life of Luxury Sentenced in White Plains Federal Court to Six Years in Prison for Operating Long-Term Fraud Scheme U.S. Attorney’s Office December 13, 2013 Southern District of New York (212) 637-2600 Preet Bharara, the United States Attorney for the Southern District of ...
12/14/2013
Former Telco Federal Credit Union Employee Sentenced for Making False Entries U.S. Attorney’s Office December 12, 2013 Western District of New York (716) 843-5700 ROCHESTER, NY—Attorney William J. Hochul, Jr. announced today that Donna Harabin, 61, of Clearwater, Florida, who was convicted of ma...
12/12/2013
Rio Rancho Man Sentenced on Federal Bank Fraud and Money Laundering Convictions Derek Barnhill was Convicted of Participating in Bank Fraud Scheme with Albuquerque Real Estate Developer Vincent J. Garcia U.S. Attorney’s Office December 12, 2013 District of New Mexico (505) 346-7274 ALBUQUERQUE— ...
12/12/2013
Former Chief Executve of Mortgage Servicing Company Sentenced in Scheme to Withhold Funds from Wells Fargo Bank U.S. Department of Justice December 11, 2013 Office of Public Affairs (202) 514-2007/TDD (202) 514-1888 WASHINGTON— Earl Gross, 74, of Las Vegas, the former president and chief executi...
12/12/2013
Two Chicago Real Estate Executives Indicted on Federal Fraud Charges Involving City TIF Notes and Bank Loans U.S. Attorney’s Office December 12, 2013 Northern District of Illinois (312) 353-5300 CHICAGO—Two executives of a prominent Chicago real estate development company were indicted today on ...
12/12/2013
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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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