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 !



Former Mortgage Broker Sentenced for Mortgage Fraud DAVENPORT, IA-Today, Mary Lee Reinking of Clinton, IA, a former mortgage broker with Crow Valley Mortgage in Bettendorf, Iowa, was sentenced by United States District Judge John A. Jarvey to five years' probation, including one-year home confine...
                                                         #1110 A local construction company recently purchased 75 acres of land and decided to build a number of storage facilities on the property for the storage of building matrerials and machinery. What is the most significant and notable condit...
                                                              #1109 When we talk about a REALTOR®, what kind of a person are we referring to ? Please take your time. The answer is posted below the wildlife photo. A REALTOR® is a member of the National Association of REALTORS®, which is also the n...
                                                            #1108 When we consider the supply in the real estate markets, between the options of demographics, population, employment, and government financial policies, which one of these has the most impact ? A. Govermnment financial policies. The...
                                                                                   #1107 Appraisal, financing, property management and development may all be considered example of what ? A. All of these things are considered specializations within the real estate industry. Property management is ...
                                                            #1106 What factor is most likely to influence the demand for real estate ? A. Employment opportunities and the wage levels offered. If wages are low and the opportunity for employment is scarce, the demand for real estate becomes low. If...
                                                        #1105 In general, when the supply of a certain commodity increases, what tends to evolve as a natural result of this phenomenon ? A. Prices tend to drop. Increase in supply can be the result of less demand or over-production, as well as othe...
                                                                                           #1104 Some licensees, after dedicating years of service to marketing properties, might decide to retire but not get out of real estate all together. They may decide to help clients make decisions about inve...
                                                               #1103 A bill of sale is a document which is used to transfer the title of personal property from one person to another. Do you believe this fact to be true or false ? Please take your time. The solution is posted below the wildlife ph...
                                                            #1102 An estmate of a property's market value conducted in a manner based on methods that have been established and undertaken by trained professionals applying professional judgement about market value is performed by whom ? Take your t...

David Saks

Broker / Industry Analyst
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