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

2014 

  #2792 When a settlement statement has been prepared the purchase price of the property will always be shown as a a debit to the seller and a credit to the buyer. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False The opposite is true. T...
06/29/2014
#2791 Security deposits are always prorated on the sale of rental  property when going to the closing table. Is this fact true or false ? Take your time. The soultion is posted below the wildlife photo. A. False Security deposits aren't prorated at closing. They're ususally transferred to the buyer.
06/29/2014
Real Estate Fraud Report for June 29, 2014   real estate fraud: Real Estate Fraud Report for June 29. 2014 - 06/29/14 12:21 PM   Related Links:   ← Previous 1 2 3 4 5 6 7 8 9 … 92 93 Next →   … (0 comments) real estate fraud: Former Connecticut Resident Sentenced to Prison for Mortgage Fraud - 06...
06/29/2014
Former Connecticut Resident Sentenced to Prison in Mortgage Fraud Scheme U.S. Attorney’s Office June 26, 2014 District of Connecticut (203) 821-3700 Deirdre M. Daly, United States Attorney for the District of Connecticut, today announced that GARI-MARK THOMAS, 38, of Michigan, formerly of Norwal...
06/27/2014
Former El Paso County Assistant District Attorney Sentenced to Federal Prison in Bribery Scheme FBI El Paso June 26, 2014 Special Agent Michael Martinez (915) 832-5373 In El Paso this morning, former El Paso County Assistant District Attorney Antonio Reyes was sentenced to 33 months in federal p...
06/27/2014
  Here's a press release about a swindler that's not too "Bright" ! ============================================================================ Former Bank Employee in Crawford County Stole More Than $2.5 Million from Bank U.S. Attorney’s Office June 26, 2014 District of Kansas (316) 269-6481 W...
06/27/2014
Disbarred Attorney Sentenced for Stealing Client Funds U.S. Attorney’s Office June 26, 2014 Northern District of Georgia (404) 581-6000 ATLANTA—Thomas W. Dickson has been sentenced for stealing over $300,000 from his law firm’s clients. “When Dickson stole over $300,000 of his clients’ money, he...
06/27/2014
Here's a good one. Published on Mar 7, 2013 Secret footage shows Stephen Brumme of Silver Spring, Maryland, rifling through the homeowner's closets and drawers in the property's master bedroom. From YouTube from the New York Daily News for more.
06/26/2014
Banker in Johnson County Admits Making False Statements on Loan Application U.S. Attorney’s Office June 25, 2014 District of Kansas (316) 269-6481 KANSAS CITY, KS—A Johnson County man pleaded guilty Wednesday to conspiring to make false statements on a loan application while he was working as a ...
06/26/2014
Assistant Bank Branch Manager Charged with Bank Fraud U.S. Attorney’s Office June 25, 2014 Eastern District of Pennsylvania (215) 861-8200 Erlanda Naranjo, 39, of Nashville, Tennessee, was charged by Information, filed yesterday, with bank fraud, announced United States Attorney Zane David Memeg...
06/26/2014
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David Saks

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