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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#1399 A beneficiary is someone who is a decendant of Benny Fish. Is this fact true or false ? Please remember to take your time. The answer is posted below the wildlife photo if it's too tough for you. A. False A beneficiary is a person or enti...
11/13/2011
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#1398 A bearer is one who searches for objects that reflect the life of a bear when decorating a home or staging. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False A bearer is ...
11/13/2011
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#1397 When we talk about the intitial basis we're referring to the basic reason why a buyer wanted to buy a home in the first place. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. Fals...
11/13/2011
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#1396 An adjusted basis would be a property owner's basis in the property which includes expenses for improvements minus any deductions for depreciation. Is this fact true or false ? Please take your time. The solution is posted below the ...
11/13/2011
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#1395 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 gai...
11/13/2011
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#1394 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 i...
11/13/2011
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#1393 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 s...
11/13/2011
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#1392 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 ...
11/13/2011
Utah Man Pleads Guilty in West Virginia to Charges Connected to Multi-Million-Dollar Mortgage Fraud Scheme U.S. Attorney’s Office November 10, 2011 Western District of Pennsylvania (412) 644-3500 CHARLESTON, WV—A Utah man pleaded guilty today in federal court before U.S. District Judge Thomas...
11/11/2011
Tenth Person Pleads Guilty in Scheme to Fraudulently Control Condominium Homeowners’ Associations in Las Vegas U.S. Department of Justice November 10, 2011 Office of Public Affairs (202) 514-2007/TDD (202) 514-1888 WASHINGTON—A Las Vegas woman pleaded guilty today for her role in a scheme to f...
11/11/2011