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
Here are a few great real estate ad descriptions for you.. * Near transportation - Amtrak train goes through the backyard, every 15 minutes, day and night * Pet friendly neighborhood - organic matter constantly deposited in the front lawn * Neighborhood watc...
06/20/2011
Manassas Woman Sentenced to 12 Years in Prison for Mortgage Elimination Scheme U.S. Attorney's Office Eastern District of Virginia ALEXANDRIA, VA-Linda Sadr, 52, of Manassas, Va., was sentenced today to 144 months in prison, followed by three years of supervised release, for her role in a "mortg...
06/20/2011
Title Company Owner Sentenced to Four Years in Prison for Mortgage Fraud Was a Fugitive for Almost a Year U.S. Attorney's Office District of Maryland BALTIMORE, MD-U.S. District Judge J. Frederick Motz sentenced Daniel E. Fink Jr., age 44, of Baltimore, who operated Homemaxx Title & Escrow LLC (...
06/20/2011
Former Colonial Bank Senior Vice President Sentenced to Eight Years in Prison for Fraud Scheme WASHINGTON-A former senior vice president and head of Colonial Bank's Mortgage Warehouse Lending Division was sentenced today to eight years in prison for her role in a more than $2.9 billion fraud sche...
06/20/2011
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#1190 An owner of a parcel of real estate allows a trespasser to continue trespassing on the land and takes no action against the trespasser throughout a statutory period. The trespasser can inevitably gain the legal right to continue trespassin...
06/19/2011
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#1189 When we talk about a license a license is always considered to be an example of a restriction which is invariably combined with an encroachment. Is this true or false ? Take your time. The solution is posted below the wildlife photo. ...
06/19/2011
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#1189 When we talk about a license a license is always considered to be an example of a restriction which is invariably combined with an encroachment. Is this true or false ? Take your time. The solution is posted below the wildlife photo. ...
06/19/2011
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#1188 When the government decides to take over the ownership of a piece of real estate for public use this right of the government to take the real estate is known as the monopoly of real property under police authority. Is this true o...
06/19/2011
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#1187 Most states have a law which says that a comparative market analysis, a CMA, must be performed for every listing taken by a brokerage, and that the CMA must be compared to and presented with the appraisal for the lender. Is this tr...
06/19/2011
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#1186 Under a listing contract a broker commits himself or herself to an obligation to work for both the seller and the buyer and render faithful service to both parties. Is this true or false ? Take your time. The solution is posted below...
06/19/2011