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
A lot is 326.7 feet long and 200 feet wide is is up for sale. The selling price is 50000 dollars an acre What is the selling price of the property ? The answers and solution are below the wildlife photo. Please take your time. A. $75,000 Let's multiply 326.7 times 200 first to get our square foo...
The value of a lake house at the end of six years is estimated to be $76,500. What was the original cost of the house if the yearly rate of depreciation is 2.5% ? Answers are posted below the wildlife photo. Please take your time. A. $90,000 Let's consider the annual depreciation rate of 2.5% fi...
A loan is dated April 15th, 2008. The amount of the loan is $17,000. The interest rate on the loan is 5% and the interest is payable quarterly. None of the interest has yet to be paid on the loan. How much interest will be due on the loan if the interest is applied and becomes due on January 15t...
Former Executive Director of Gallup Housing Authority and Accomplice Sentenced to Federal Prison for Convictions on Fraud and Theft Charges U.S. Attorney’s Office December 18, 2014 District of New Mexico (505) 346-7274 ALBUQUERQUE—The former Executive Director of the Gallup Housing Authority and...
Maryland Attorney and Loan Officer Sentenced in $20 Million Investment Scheme U.S. Attorney’s Office December 19, 2014 District of Maryland (410) 209-4800 BALTIMORE, MD—U.S. District Judge J. Frederick Motz sentenced Kevin Sniffen, age 53, of Phoenix, Maryland, an attorney licensed in Maryland, ...
Here's what wintertime looks like in the backyard at Saks' Manor. Doesn't it look peaceful, like a Hallmark card, or like a beautiful Currier and Ives print ? If you only knew the truth..... I like to leave refreshments out there for the little critters that come a knockin'. The winged and furr...
Ever wonder why your cards, letters, packages and eBay purchases never make it to your mailbox, and ripped apart before they make it to you ? Click the pic for more : So you think you know your mailman ?
Billerica Woman Sentenced for Loan Scam U.S. Attorney’s Office December 17, 2014 District of Massachusetts (617) 748-3100 BOSTON—A Billerica woman was sentenced yesterday for wire fraud charges in connection with a bogus bank guaranty program. Diane Glatfelter, 48, was sentenced by U.S. District...
Admit it ! Some stick around AR for the game ! The point chase ! Period ! They snatch their point totals daily till their boring, toady-suggested, irrelevant front page post is kicked to the back pages and forgotten like most !!! They suffer from serious back and neck pain from sitt...
Gettysburg Attorney Sentenced to 15 Years in Federal Prison for Defrauding Clients of More Than $6 Million U.S. Attorney’s Office December 16, 2014 Middle District of Pennsylvania (717) 221-4482 The United States Attorney’s Office for the Middle District of Pennsylvania announced that today in H...