David Saks

By
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

2012 

Memphis Real Estate Attorney Sentenced to 48 Months for Defrauding Clients U.S. Attorney’s Office November 14, 2012 Western District of Tennessee (901) 544-4231   MEMPHIS—Former attorney David J. Johnson, 72, of Memphis, Tennessee, was sentenced today to 48 months’ imprisonment for defrauding fo...
11/19/2012
                                                          #1930 If you think the appraisal on the property is too low you should request a submit a reconsideration request only if it is requested by a loan officer. Is this fact true or false ? Please remember to take your time. The solution is po...
11/18/2012
                                                               #1929 A property lost some value because it was close to a county landfill site. Ths is know as functionl obsolescence. Is this fact true or false ? Remember to take your time. The solution is posted below th wildlife photo. A. False ...
11/18/2012
                                                           #1928 Most all sales comparison methods of appraisal are based on the assessed values of property as used for the purposes of establishing revenue for property taxes. Is this fact true or false ? Please take your time. The solution is pos...
11/18/2012
                                                                 #1927 As a general rule, the appraiser will not use a sale as a comparable in his analysis unless the sale was considered to be an arm's length transaction. Is this fact true or false ? Please take your time. The solution posted bel...
11/18/2012
                                                        #1926 When an appraiser is considering the value of a residential property the most valid and important method of appraisal that the appraiser will use is called the replacement cost method of appraisal. Is this true or false ? Take your tim...
11/18/2012
                                        #1925 A low risk loan is one that doesn't have to have a downpayment rather than a low loan-to-value ratio. Is this fact true or false ? Please take your time. the solution is posted below the wildlife photo. A. False From the lender's point of view the low...
11/18/2012
                                                         #1924 Because drapes are so important when considering the treament of a window they are considered real property. Is this true or false ? Take your time on this tough question. The solution is posted below the wildlife photo. A. False The ...
11/18/2012
                                                      #1923 A homeowner has without warning, and without knowing, constructed a fence in his backyard about 7 inches over the property line of his neighbor. This would be considered an encroachment. Is this fact true or false ? Please take your time...
11/18/2012
                                                       #1922 A lender charged a borrower 6% for the loan plus 6 discount points. The yield to the lender for the loan is 6.25%. Is this fact true or false ? Take your time. The solution is posted below the wildlife photo. A. False Discount points ar...
11/18/2012
Rainmaker
1,570,074

David Saks

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

Additional Information