David Saks' Blog

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Industry Observer - TN LIC# 290452
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

2012 

                                                     #1981 An appraiser is a professional who's skill and expertise are both utilized in estimating the value of a piece of property. An appraiser will seek qualification through training, study and experience. An appraiser is an expert who will est...
12/30/2012
   You must be kidding me ?  Click this little red button.
12/30/2012
Two Economic Developers Indicted in Bribery and Embezzlement Scheme U.S. Attorney’s Office December 21, 2012 Northern District of Mississippi (662) 234-3351   Felicia C. Adams, United States Attorney for the Northern District of Mississippi; Daniel McMullen, Special Agent in Charge of the FBI in...
12/27/2012
                                                          #1980 An appraisal, the expert opinion by a professional appraiser, is performed at a particular date and time in order to rend an estimate of value of a piece of real estate. The appraisal is based on a detailed analysis of the many and v...
12/24/2012
                                                                 #1979                                              Anticipation is an appraisal theory that believes that value is something which is created by inflation. Is this fact true or false ? Take your time. The soultion is posted below th...
12/24/2012
                                                         #1978 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...
12/24/2012
                                                     #1977 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...
12/24/2012
                                                              #1976 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 th...
12/24/2012
                                                       #1975 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...
12/24/2012
                                                      #1974 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 expense. Is this fact true or false ? Please remember to take...
12/24/2012
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David Saks

Broker / Industry Analyst
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Most real estate fraud-related articles and Department of Justice Press Releases published here are taken from the public record, which normally include press releases and court documents related to each entry and case. Any other type of record, i.e. newspaper reports, are only published after consent has been obtained from the original publisher.
Nothing will be published that has not been verified via the public record or consent provided.
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