David Saks

Follow me
By
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

2013 

Eastern California Real Estate Investor Pleads Guilty to Engaging in Bid Rigging and Fraud at Public Real Estate Foreclosure Auctions Investigation Has Resulted in 11 Guilty Pleas to Date U.S. Department of Justice December 30, 2013 Office of Public Affairs (202) 514-2007/TDD (202) 514-1888 WASH...
12/31/2013
This Goes On the Front Door   My Only New Year Resolution   No More Stinking Drama !  
12/29/2013
#2510 Credit report fees, loan origination fees and appraisal fees are all costs that show up in the loan's APR. Is this fact true or false ? Take your time. The solution is posted below the wildlife photo. A. False Points paid by the loan borrower, mortgage insurance, interest on the loan, and t...
12/29/2013
#2509 When a portion of a borrower's monthly mortgage payment is held to be applied later towards property taxes and insurance the money will be held by a trustee. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. False Money held for property taxes and i...
12/29/2013
#2508 If the lender agrees to guarantee a specific interest rate for a specific period of time this is known as discounting the float. Is this true or false ? Please take your time. The solution is posted below the wildlife photo. A. False If the lender agrees to guarantee a specific interest rat...
12/29/2013
#2507 Fees that normally pay the overhead costs of a lender are the loan discount fees associated with the loan. Is this fact true or false ? Take your time. The soultion is posted below the wildlife photo.   A. False Fees than pay the lender's overhead, or costs for administering the loan, are t...
12/29/2013
#2506 What factor is most likely to influence the demand for real estate ? A. Employment opportunities and the wage levels offered. If wages are low and the opportunity for employment is scarce, the demand for real estate becomes low. If the reverse is true the demand for real estate is high.
12/29/2013
   #2505 When a lender takes a loan application the most important thing the lender is concerned with is the applicants employment history for the last 15 years. The applicants current housing expenses are of little interest. Is this true or false ? Take your time. The solution is posted below th...
12/29/2013
   #2504 One of the best ways available to compare loan costs is to use a formula that examines the lender's yield. Is this fact true or false ? Take your time. The solution is posted below the wildlife photo. A. False The best way to compare loan costs is comparing annual percentage rates.
12/29/2013
#2503 When an item is prorated at closing the item is considered the type of item which will not have to be paid for. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False When an item is prorated the item will be calculated as an expense ba...
12/29/2013
Rainmaker
1,569,123

David Saks

May God Bless You, Always. David
*
*
*
*
Spam prevention

Additional Information