David Saks

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Education & Training - TN LIC# 290452 (retired)
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

2009 

                                                         The basis is the carbon copy of a mortgage document. Is this fact true or false ? Please remember to take your time. The solution is posted below the wildlife photo. theory A. False The basis is a figure which is used to calculate gain on t...
08/26/2009
                                                    A balloon mortgage is a contract for the purchase of a home which is delivered to the buyer by the lender by a lighter than air method of transportation known as a balloon. Is this fact true or false ? Please take your time. The solution is post...
08/26/2009
                                                        When we talk about the bad debt/vacancy factor were referring to an income approach to an appraisal whereby a percentage will be deducted from a property's expected gross income and an estimate of the income that is most likely to be suffere...
08/26/2009
                                                  An audit in real estate means the ability to hear, in audible terms, the price of the property in a normal speaking voice. Is this fact true or false ? Please take your time as I know this question is a difficult one. Of course, if you just can't ...
08/26/2009
                                               An assumption fee is a fee that a lender will charge a borrower for assuming that his or or loan will be approved. Is this fact true or false ? Please take your time with this extremely difficult answer, and  consult with an expert if you think you m...
08/26/2009
                                                   An assumption is when one party or another assumes that the property is going to be given to them as part of a devise. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False If a buyer takes ...
08/26/2009
                                              An assignor is one who has engaged in the practice of breeding mules and donkeys. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False An assignor is one who assigns rights or interests to anoth...
08/26/2009
                                                       When we talk about an assignment, when discussing real estate, we're actually referring to the homework which is assigned by the instructor or professor in your real estate class. Do you have any doubt in your mind as to whether or not this f...
08/26/2009
                                                    An assignee is one who has placed their name on a legal document and has had it witnessed by a government official. Is this fact true or false ? Please take your time. The soution is posted below the wildlife photo. A. False One who has had inte...
08/26/2009
"For all those whose cares have been our concern, the work goes on, the cause endures, the hope still lives and the dream shall never die." Senator Edward Kennedy "An important chapter in our history has come to an end. Our country has lost a great leader, who picked up the torch of his fallen b...
08/26/2009
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David Saks

May God Bless You, Always. David
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