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

2013 

#2432 When an agreement to purchase real estate is created, a purchase agreement, it must state what the methods of payment will be from the buyer, the type of financing terms arranged by the buyer, the listing price of the property, and the total purchase price of the property. Is this true or f...
11/10/2013
  #2431 When a provision is added to a contract for the purchase of property (a purchase agreement) that states the contract will not become a binding contract unless the buyer has secured the financing necessary for the purchase of the property this provision is commonly referred to as a clause ...
11/10/2013
I Wrote This Excursion Into Piano Madness In My Early 20's Here It Is In It's Entirety Complete With the Score For Veterans Day "Impressions of Memphis" Recorded in 1980 On Cheap Reel to Reel Tape Honor Our Veterans & Have a Fine Holiday -David-
11/10/2013
Here's the typical conversation an "A" Kisser will have with their broker. If you missed Part I click here.
11/08/2013
  There's always one in the office. I can think of a few here in ActiveRain. "A" kissers are suck ups, people who will kiss someone's butt to gain points, favors and features.   These are folks that tend to be the goody-goody types whom one can't trust.   They'll use what you tell them against yo...
11/08/2013
Man Indicted on Fraud, Identity Theft, and Conspiracy Charges U.S. Attorney’s Office November 07, 2013 Western District of New York (716) 843-5700 BUFFALO, NY—U.S. Attorney William J. Hochul, Jr. announced today that a federal grand jury in Buffalo has returned a 68-count indictment charging Bri...
11/08/2013
Three Defendants Plead Guilty in $30 Million Bakersfield Mortgage Fraud Scheme U.S. Attorney’s Office November 07, 2013 Eastern District of California (916) 554-2700 FRESNO, CA—Carlyle “Carl” Lee Cole, 66, and Caleb Lee Cole, 37, both of Bakersfield, pleaded guilty today to charges stemming from ...
11/08/2013
Buffalo Man Charged with Mortgage Fraud U.S. Attorney’s Office November 07, 2013 Western District of New York (716) 843-5700 BUFFALO, NY—U.S. Attorney William J. Hochul, Jr. announced today that Michael Rory Woods, 44, of Buffalo, New York, was charged by criminal complaint with making false sta...
11/07/2013
Former Seattle Investment Adviser Convicted of Wire Fraud, Money Laundering, and Investment Adviser Fraud Faces up to Life in Prison When Sentenced in February 2014 U.S. Attorney’s Office November 07, 2013 Western District of Washington (206) 553-7970 A long-time Seattle investment adviser was co...
11/07/2013
Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging at Public Foreclosure Auctions Investigations Have Yielded 38 Guilty Pleas to Date U.S. Department of Justice November 07, 2013 Office of Public Affairs (202) 514-2007/TDD (202) 514-1888 WASHINGTON—A Northern Californ...
11/07/2013
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David Saks

Broker / Industry Analyst
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