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.
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ARCHIVED BLOG POSTS
2011
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#1078 Ammortization is the process of paying off a short term loan which will end with the payment of a final installment known as a balloon. Is this fact true or false ? Please take your time. The solution is posted below the wildlife phot...
04/03/2011
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#1077 An alienation clause is an item or provision included in a security instrument whcih will allow a lender to sell a home in a short sale if the borrower defaults on the loan. Is this fact true or false ? Take your time. The solution is pos...
04/03/2011
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#1076 After someone has signed a document and formally declares to a public official, like a notary, that they have signed the document voluntarily and without any coercion, this is known as longanimity of a truthful attestation. Is t...
04/03/2011
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#1075 Deferred interest is the transfer of interest or ownership in a property from one party to another. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False Alienation is the transfer...
04/03/2011
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#1074 Expenses that have been applied but have not yet become due and payable, and seller's accrued expenses that are credited to the buyer at closing, are known as accrued items of expnese. Is this fact true or false ? Please remember to take...
04/03/2011
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#1073 A principle which is considered under appraisal guidelines that holds that value may be created by the expectation of benefit to received at some future point and time is known as the Principle of Anticipation. Is this fact considered to ...
04/03/2011
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#1072 An item in an instrument used for the security of a home purchase that will allow the lender to declare the entire debt of the loan due and payabe immediately if the borrower defaults or breaches the agreement is known as the Principl...
04/03/2011
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#1071 Acceleration is the process of declaring an entire loan balance due because a borrower defaulted on the loan or, if there is an alienation clause in the loan, the borrower sold the home without the lender's approval. Is this fact true or ...
04/03/2011