David Saks

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Education & Training - (retired) - 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 

                                                               #2024 If a property owner doesn't want to deal with the day to day task of managing an apartment complex or any other form of rental property the owner can hire a developer. Is this true or false ? Take your time. Thge answer is poste...
01/27/2013
                                                                #2023 Appraisal, financing, property management, and real estate developement are all specializations directly linked to state and governmental finance policies. Is this true or false ? Take your time. The solution is posted below th...
01/27/2013
                                                      #2022 When the population of a town suddenly increases, demand for housing will start to decrease and so will real estate prices. Is this true or false ? Take your time. The answer is posted below the wildlife photo. A. False The opposite is t...
01/27/2013
                                                           #2021 When someone advises a client regarding a real estate matter and is advising this client for purchase of investment purposes this person is called a mortgage broker ? True or false ? Take your time. The answer is posted below the wi...
01/27/2013
How to Know if Your Buyer’s Laundering Money   Here's another note from the great Jim Gibbs with The Career Institute ============================================================== Money laundering isn’t an issue that comes to mind when you’re trying to get a transaction closed but it’s enough o...
01/27/2013
Fake Realtor Complaint Site Shut Down The WHOIS record indicates that the bogus site I blogged was wiped out.  http://activerain.com/blogsview/3593225/w-a-r-n-i-n-g-don-t-fall-prey-to-scam-realtor-complaint-site http://Realtor-complaints.com Glad those phishing dirtbags were exposed and disposed...
01/27/2013
  Former Bank Director Charged with Securities and Wire Fraud Defendant Has Been Missing Since Threatening to Commit Suicide in June 2012 U.S. Attorney’s Office January 25, 2013 Eastern District of New York (718) 254-7000   A former director of a Georgia bank who managed two private investment fu...
01/25/2013
Nine Charged in $10 Million Mortgage Fraud Scheme U.S. Attorney’s Office January 24, 2013 District of New Jersey (973) 645-2888   NEWARK—Nine people involved in a long-running, large-scale mortgage fraud scheme that caused losses of approximately $10 million were charged in two complaints with c...
01/24/2013
Ten Charged in Superseding Indictment in Timeshare Mortgage Fraud Scheme U.S. Attorney’s Office January 24, 2013 District of New Jersey (973) 645-2888   CAMDEN, NJ—A federal grand jury for the District of New Jersey, sitting in Camden, has returned a 44-count superseding indictment against six i...
01/24/2013
IRS Announces Guidance on the Principal Reduction Alternative Offered in the Home Affordable Modification Program (HAMP) WASHINGTON — The Internal Revenue Service today announced guidance to borrowers, mortgage loan holders and loan servicers who are participating in the Principal Reduction Alter...
01/24/2013
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David Saks

May God Bless You, Always. David
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