David Saks

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Education & Training - (retired) - 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

2009 

                                                      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 the wi...
06/13/2009
                                                        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 prorated a...
06/13/2009
                                                             If the seller agrees to include the dishwasher in the sale of the home for 250 dollars the seller should include this item in the HUD-1 report. Is this true or false ? Please take your time solution is posted below the wildlife photo. A...
06/13/2009
                                                        When a residential appraiser starts looking for comparables and a sales comparison approach is used he's interested in homes that have been occupied for at least two out of the last three years. Is this fact true or false ? Please remember t...
06/13/2009
                                                         A contract to build a new home is signed with a builder to build a luxury home costing 675 thousand dollars in a neighborhood of homes valued 150 thousand dollars and less. The new new will lose value. This loss of value is known as aversio...
06/05/2009
                                                            When we speak of an appraiser collecting data which is accumulated in a general manner the appraiser has conducted an analysis of the building as well as analyzed the site. Is this true or false ? Take your time. the solution is posted b...
06/05/2009
                                                                        An owner of a multi-family property thinks that a hot tub area with a shower would be a nice addition to the work-out area on the property. He's asked an appraiser if the addition of the new hot tub and shower area would crea...
06/05/2009
                                                 When a developer declares that he or she plans to build a mixed-use development, which includes a beautiful shopping mall, and this development will occur adjacent to your lot which is zoned commercial, property values start to increase because of ...
06/05/2009
                                                           When an appraiser is using an income approach to value mortgage payments are generally figured in as part of the property's operating expenses. Is this fact true or false ? Please take your time. The solution is posted below the wildlife ...
06/05/2009
                                                         When an appraiser considers the early phases of a property's life cycle they're referring to the phase which is commonly referred to as the phase of appreciation. Is this fact true or false ? Please take your time. The solution is posted be...
06/05/2009
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David Saks

May God Bless You, Always. David
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