David Saks' Blog

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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

2008 

                                                        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
                                                       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
                                                      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
                                                       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
                                                       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
                                                       $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
                                                       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
                                                     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
                                                      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
                                                        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
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David Saks

Broker / Industry Analyst
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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.
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