David Saks' Blog

Follow me
By
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

2014 

      Land Contraks :   We Don't Need No Stinkin' Moegagis ! :-) When the seller provides the primary financing for the buyer the buyer can use an alternative type of financing instead of a deed of trust or a mortgage which we refer to as the land contract. Is a land contract a popular type of fi...
08/18/2014
Nobody's forcing you to adhere to any religious principals or denomination here. What we are faced with is the legal right to get your property back after the foreclosure sale. This is what we call post-sale redemption, or the statutory right of redemption. Following the foreclosure sale, the de...
08/18/2014
  Equitable Redemption : Not About Sinners ! In some states, throughout our great land, a defaulting borrower doesn't have the right to reinstate or cure their loan once the home has been foreclosed. What the borrower does have is the legal right we refer to as the equitable right of redemption,...
08/18/2014
Acceleration : Puttin' Pedal to da Metal ???     Where not talkin' about fast cars and cheetas. When a motgage defaults, when the borrower fails to repay the loan or by trashing the covenants in the mortgage, the mortgagee (the lender) can contact the mortgagor (the borrower) and demand that the...
08/18/2014
  Low Value : High Blood Pressure ? Most appraisers try to be as objective as possible when arriving at a conclusion that sets the value for the property. This is what we all refer to as the appraiser's opinion of value. If a low appraisal ticks your client off and you think that the appraiser s...
08/18/2014
I thought that I might share a few thoughts with you about foreclosure. Sudden and unexpected changes in our lives can really create a hardship. Anything that prevents you from making your mortgage payment could have serious consequences later. Here are a few of the warning signs to look out for...
08/18/2014
      real estate fraud: Real Estate Fraud Report for August 13, 2014 - 08/13/14 08:51 AM       Related Links: ← Previous 1 2 3 4 5 6 7 8 9 … 94 95 Next → … (6 comments) real estate fraud: Mortgage Fraud Blog for August 13, 2014 - 08/13/14 08:48 AM     Mortgage Fraud Blog sends me an update email...
08/17/2014
11 Comments
                                                                                                                                                                   If a real estate tax is levied for a current calendar year, payable during that year or in the coming year, the period from January 1s...
08/17/2014
  Our Elegant Miss Points Piggy ( click the beautiful Miss PP for more )  
08/17/2014
Watch the Candelight Vigil at Graceland ! Join the Many Thousands of Elvis Fans In Memphis Now And His Fans Throughout the World Watching Tonight August 15, 2014 & August 16, 2014    
08/15/2014
Rainmaker
1,572,727

David Saks

Broker / Industry Analyst
Contact The Author

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.
The use of the names or initials of the Federal Bureau of Investigation, the Drug Enforcement Administration, and the United States Marshals Service is governed by 18 U.S.C. sec. 709, which prohibits their unauthorized use in a manner calculated to convey the impression that such use is approved, endorsed, or authorized by that component, unless written permission has been received from the head of the respective component.
Where initials are found within this blog site they are not used in a manner calculated to convey the impression that such use is approved, endorsed or authorized by that component.
Please see the Department of Justice Legal Policies at:
http://www.justice.gov/legalpolicies
Please contact David with any questions.

Photos © & Licensed by Nova Development