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

2011 

                                                         #1000 Giving the permission and the right to someone to cross your property so they may come and go unhampered is known as granting equitable interest in the easement. Is this true or false ? Please take your time. The solution is posted be...
01/30/2011
                                                     #999 When money is held prior to the acceptance of an offer to purchase real estate that money belongs to the seller and the buyer. Is this true or false ? Take your time the solution is posted below the wildlife photo. A. False If the offer ha...
01/30/2011
                                                     #998 A home was constructed in 1955 in Texas that didn't include central heat or central air conditioning. When an appraiser is considering cost depreciation he would classify the abscence of central heat and air conditioning as an incurable fe...
01/30/2011
                                                       #997 A broker in BIrmingham, Alabama decided to leave town with a clients money and spend a couple of days in British Columbia golfing and disco dancing. He's guilty of misrepresentation. True or false ? Take your time. The soultion is posted...
01/30/2011
                                                        #996 A broker is Washington State was sent to prison for felony elderly financial abuse and vehicular homicide. His real estate license would be suspended until his prison term ends. True of false ? Take your time. The soultion is posted bel...
01/30/2011
                                                       #995 Sales commission to the listing agent is usually considered part of the buyer's closing costs. Is this fact true or false ? Take your time. The solution is posted below the wildlife photo. A. False Sales commission is usually the seller'...
01/30/2011
                                                      #994  A loan origination fee is always part of the seller's closing costs. Is this fact true or false ? Take your time. The solution is posted below the wildlife photo. A. False The loan origination fee is part of the buyer's setllement. That'...
01/30/2011
                                                        #993 Whenever a buyer assumes a mortgage the mortgage balance will appear as a credit to the seller and a debit to the buyer on the settlement statement. Is this true or false ? Take your time. The solution is posted below the wildlife photo...
01/30/2011
                                                      #992 When a settlement statement has been prepared the purchase price of the property will always be shown as a a debit to the seller and a credit to the buyer. Is this fact true or false ? Please take your time. The solution is posted below t...
01/30/2011
                                                        #991 Security deposits are always prorated on the sale of rental  property when going to the closing table. Is this fact true or false ? Take your time. The soultion is posted below the wildlife photo. A. False Security deposits aren't prora...
01/30/2011
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David Saks

May God Bless You, Always. David
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