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.
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ARCHIVED BLOG POSTS
2011
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#1145 The owner decides to abandon the property he has listed with a brokerage. This will terminate the relationship that the broker has with the owner. True or false ? Take your time. The solution is posted below the wildlife photo. ...
05/22/2011
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#1144 When a real estate broker acts as the agent for the seller the broker has an obligation to disclose confidential information about the seller to the buyer if it helps the chances of closing the deal. True or false ? Take your ti...
05/22/2011
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#1143 In a real estate transactionn, when one speaks of a fiduciary relationship their typically referring to a relationship that will allow another person to act on behalf of another with the additional privilege and grant of legal powe...
05/22/2011
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#1142 A house was built on top a pile of manure. The ceilings of the home we're also poorly constructed and poorly attached to any supporting members or beams. This would be considerd an example of a stigmatized property. True or false ?...
05/22/2011
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#1141 A buyer inquired as to whether or not a city landfill was going to be constructed on an adjacent lot in a new subdivision. The seller's agent replied that she didn't know even though the agent was fully aware of the fact and failed to di...
05/22/2011
RealTown® Poll: 82% Say No to NAR® Membership Fee Increase Proposal ARealTown® (www.Realtown.com), home of the oldest online real estate community, today released the results of an online poll it conducted this week amongst its community members to gauge REALTOR® and real estate industry partici...
05/22/2011
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Is the NAR RPPSI fair ? Read this post from Greg Swann at Bloodhound Blog: http://www.bloodhoundrealty.com/BloodhoundBlog/?p=14611 Greg's a champion for the industry and deserves a medal.
05/21/2011
8 Arrested in Sacramento for Straw Buyer Scheme Vera Kuzmenko, Nadia Kuzmenko, Aaron New, Vanik Atoyan, Peter Kuzmenko, Sergey Blizenko, Veniamin Markevich, and Edward Shevtsov, Sacramento, California, have ben arraigned following their arrests in an eight-defendant federal mortgage fraud case i...
05/21/2011
Two Plead Guilty in $4.2 Million Mortgage Fraud Scheme MINNEAPOLIS-Earlier today in federal court in the District of Minnesota, two people pleaded guilty to their roles in a scheme that defrauded mortgage lenders out of approximately $4.2 million. My Dinh Lam, age 30, of Minneapolis, and Ashley E...
05/20/2011