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 !



Here's a great song from Artie for your lunchtime. Sell lots of homes and have a great week ahead, everyone, everywhere. -David-
Owner of Gambrills’ Title Agency Pleads Guilty to Stealing Approximately $5 Million in Mortgage Pay-Offs from Closings Attempted to Conceal the Fraud Scheme by Making Monthly Mortgage Payments to the Original Lenders Whose Mortgages Should Have Been Paid Off U.S. Attorney’s Office October 28, 20...
                                                          #1380 An appraisal, the expert opinion by a professional appraiser, is performed at a particular date and time in order to rend an estimate of value of a piece of real estate. The appraisal is based on a detailed analysis of the many and v...
                                                                 #1379                                              Anticipation is an appraisal theory that believes that value is something which is created by inflation. Is this fact true or false ? Take your time. The soultion is posted below th...
                                                         #1378 Ammortization is the process of paying off a short term loan which will end with the payment of a final installment known as a balloon. Is this fact true or false ? Please take your time. The solution is posted below the wildlife phot...
                                                     #1377 An alienation clause is an item or provision included in a security instrument whcih will allow a lender to sell a home in a short sale if the borrower defaults on the loan. Is this fact true or false ? Take your time. The solution is pos...
                                                              #1376 After someone has signed a document and formally declares to a public official, like a notary, that they have signed the document voluntarily and without any coercion, this is known as longanimity of a truthful attestation. Is th...
                                                       #1375 Deferred interest is the transfer of interest or ownership in a property from one party to another. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False Alienation is the transfer...
                                                      #1374 Expenses that have been applied but have not yet become due and payable, and seller's accrued expenses that are credited to the buyer at closing, are known as accrued items of expense. Is this fact true or false ? Please remember to take...
                                                     #1373 A principle which is considered under appraisal guidelines that holds that value may be created by the expectation of benefit to be received at some future point and time is known as the Principle of Anticipation. Is this fact considered ...

David Saks

Broker / Industry Analyst
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