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

2011 

                                                         #1095 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...
04/17/2011
                                                    #1094 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...
04/17/2011
                                                        #1093 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...
04/17/2011
                                                          #1092 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 y...
04/17/2011
                                                              #1091 An assumption fee is a fee that a lender will charge a borrower for assuming that his or or loan will be approved. Is this fact true or false ? Please take your time with this extremely difficult answer, and  consult with an expe...
04/17/2011
Former MLB Star Lenny Dykstra Charged in Bankruptcy Fraud Case That Alleges Sale of Items from Mansion LOS ANGELES-Lenny Dykstra, who played outfield for the New York Mets and Philadelphia Phillies baseball clubs and later gained notoriety as a stock picker, has been charged with bankruptcy fraud...
04/15/2011
                                                   #1090 An assumption is when one party or another assumes that the property is going to be given to them as part of a devise. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False If a buyer ...
04/10/2011
                                              #1089 An assignor is one who has engaged in the practice of breeding mules and donkeys. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False An assignor is one who assigns rights or interests to...
04/10/2011
                                                       #1088 When we talk about an assignment, when discussing real estate, we're actually referring to the homework which is assigned by the instructor or professor in your real estate class. Do you have any doubt in your mind as to whether or not ...
04/10/2011
                                                    #1087 An assignee is one who has placed their name on a legal document and has had it witnessed by a government official. Is this fact true or false ? Please take your time. The soution is posted below the wildlife photo. A. False One who has ha...
04/10/2011
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David Saks

May God Bless You, Always. David
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