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

2014 

Orange County Woman Sentenced to More Than Three Years in Prison for Defrauding Nuns U.S. Attorney’s Office March 07, 2014 Central District of California (213) 894-2434 SANTA ANA, CA—An Irvine woman was sentenced today to 37 months in federal prison for defrauding a group of Roman Catholic Siste...
03/10/2014
#2610 A local construction company recently purchased 75 acres of land and decided to build a number of storage facilities on the property for the storage of building matrerials and machinery. What is the most significant and notable condition which has been satisfied by the construction of the s...
03/09/2014
#2609 When we talk about a REALTOR®, what kind of a person are we referring to ? Please take your time. The answer is posted below the wildlife photo. A REALTOR® is a member of the National Association of REALTORS®, which is also the nations largest trade organization supporting the needs of the ...
03/09/2014
#2608 When we consider the supply in the real estate markets, between the options of demographics, population, employment, and government financial policies, which one of these has the most impact ? A. Govermnment financial policies. The way the economy is behaving is the key to financing opport...
03/09/2014
#2607 Appraisal, financing, property management and development may all be considered example of what ? A. All of these things are considered specializations within the real estate industry. Property management is the professional charge of effectively directing and watching the day to affairs of...
03/09/2014
   #2606 What factor is most likely to influence the demand for real estate ? A. Employment opportunities and the wage levels offered. If wages are low and the opportunity for employment is scarce, the demand for real estate becomes low. If the reverse is true the demand for real estate is high.
03/09/2014
    #2605 In general, when the supply of a certain commodity increases, what tends to evolve as a natural result of this phenomenon ? A. Prices tend to drop. Increase in supply can be the result of less demand or over-production, as well as other factors which may include stockpiling ( which may ...
03/09/2014
    #2604 Some licensees, after dedicating years of service to marketing properties, might decide to retire but not get out of real estate all together. They may decide to help clients make decisions about investing in or purchasing property. What capacity would a licensee serve in this manner ? ...
03/09/2014
  #2603 A bill of sale is a document which is used to transfer the title of personal property from one person to another. Do you believe this fact to be true or false ? Please take your time. The solution is posted below the wildlife photo. A. True A bill of sale is a document used to transfer pe...
03/09/2014
#2602 An estmate of a property's market value conducted in a manner based on methods that have been established and undertaken by trained professionals applying professional judgement about market value is performed by whom ? Take your time. The answer is posted below the wildlife photo. A. A rea...
03/09/2014
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David Saks

Broker / Industry Analyst
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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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