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

2011 

                                                       #1086 To assign in real estate terms means to assign parking spaces to the employees in a brokerage based of the number of homes they've sold in the last 90 days. Is this fact true or false ? Please take your time on this difficult question a...
04/10/2011
                                                 #1085 Liquid assets are things of value that have fallen into the river and need drying off, or whiskey which may be sold for cash and valuable prizes. Is this fact true or false ? Please remember to take your time. If your having difficulty with t...
04/10/2011
                                                          #1084 An asset is a special seat, stool or chair designed to conform to the contour of the posterior hind end of quadrupeds and gorillas. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. ...
04/10/2011
                                                    #1083 Depreciation is a term which, by it's absolute meaning in real estate, represents the decrease in the value of an asset. It is also considered to be the opposite of appreciation which is the increase in the value of an asset. Is this fact ...
04/10/2011
                                                            #1082 Appreciation is a term which, by it's absolute meaning in real estate, stands for the increase in the value of an asset. It is also considered to be the opposite of depreciation which is the decrease in the value of an asset. Is th...
04/10/2011
                                                     #1081 An appraiser is a professional who's skill and expertise are both utilized in estimating the value of a piece of property. An appraiser will seek qualification through training, study and experience. An appraiser is an expert who will est...
04/10/2011
Charges Filed for Equity Stripping Scheme   Sadie Stanhope Ng, Quincy, Massachusetts, an alleged straw buyer, and Richard Winefield, Nasua, New Hampshire, a real estate agent, have been charged for their roles in an equity stripping scheme aimed at distressed homeowners in New Hampshire.   Winef...
04/07/2011
Department of Justice Press Release For Immediate ReleaseApril 6, 2011 United States Attorney's OfficeSouthern District of Ohio Contact: (937) 225-2910 Tax Preparer, Homebuilder, and Bank Executive Sentenced for Roles in Mortgage Fraud Scheme Involving Luxury Homes CINCINNATI-Four more participa...
04/06/2011
                                                          #1080 An appraisal, the expert opinion by a professional appraiser, is performed at a particular date and time in order to rend an estimate of value of a piece of real estate. The appraisal is based on a detailed analysis of the many and v...
04/03/2011
                                                        #1079 Anticipation is an appraisal theory that believes that value is something which is created by inflation. Is this fact true or false ? Take your time. The soultion is posted below the wildlife photo. A. False Anticipation is a principle...
04/03/2011
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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.
Nothing will be published that has not been verified via the public record or consent provided.
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