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

2014 

If I bought a lot 100 feet wide and 330 feet deep, what fraction of an acre would this lot represent ? The answers, along with the corresponding solution, will be posted below the photographs at the bottom of the page, so spend a little time on it before you make your way to the bottom. Hope you...
11/30/2014
A 6,400 square foot lot on the side of a hill is going to be subdivided and sold. The investor figured out that 25% of the lot is just too steep to have much use in development of the lot. On top of that 3/16th's of lot is overrun by a brook. The rest of the lot is flat at that ! If 1/8th of the...
11/30/2014
Harry has a storeroom and he offered a great deal to Sid. He said, "Sid, I'll rent that storeroom to you on a percentage basis". The lease on this storeroom calls for a minimum rental of $4000 monthly plus 5% of the gross of the yearly business if it exceeds $800,000. How much rent will Harry ge...
11/30/2014
There was an FHA commitment on a duplex that was conditional because the duplex is not going to be occupied by the owners. The cost of the property is $247,500. At closing the loan the mortgage broker is going to receive a 4% discount of the total loan, (if still allowed under currect law). The ...
11/30/2014
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David Saks

May God Bless You, Always. David
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