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.
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ARCHIVED BLOG POSTS
2008
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We've heard it said that the "rule of thumb" in financing a home is that a person should be able to buy a home costing 2 and one-half times his annual income. What would be the minimum weekly salary of a buyer to purchase a $235,500 home usi...
09/27/2008
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What's the annual interest rate on a $165,000 loan if the monthly interest payments are $1097.75 ? 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 i...
09/27/2008
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A parcel of land sells for $20,750. Your are a referring agent and are to receive 15% of the total 6% commission from the sale for your referral. How much will you receive ? The answers, along with the corresponding solution, will be posted be...
09/27/2008
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The value of a home was estimated to be $235,600 at the end of seven years. What was the original cost of the house if the yearly depreciation was 2.5% ? The answers, along with the corresponding solution, will be posted below the photographs...
09/27/2008
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Multiply .75 times .83 1/3 to the lowest fraction. 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. It hel...
09/27/2008
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$855.27 is 7.25% of what amount ? 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. It helps to keep your m...
09/27/2008
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Divide 18 1/2 by 4 1/6 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. It helps to keep your math skills ...
09/27/2008
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Add 26 1/2 plus 19 3/4 plus 8 5/6 plus 44 2/3 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. It helps to k...
09/27/2008
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A developer wants to sell part of his land but decides to give one-fourth of it to his son and three sixteenths of it to his daughter. How much of the land is left after he gives the apportioned parcels to his children ? The answers, along wit...
09/27/2008
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What part of an acre is 5,445 square feet ? 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. It helps to ...
09/27/2008