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

2011 

                                        I'm constantly being spammed by shysters wanting to sell me a 150 dollar plus short sale tutorial online, or a thousand dollar weekend seminar on short sales. I want to cram those stupid emails back in their inboxes. So hang on my friends: here's the answer...
01/25/2011
                                                             #990 If the seller agrees to include the dishwasher in the sale of the home for 250 dollars the seller should include this item in the HUD-1 report. Is this true or false ? Please take your time solution is posted below the wildlife pho...
01/23/2011
                                                        #989 When a residential appraiser starts looking for comparables and a sales comparison approach is used he's interested in homes that have been occupied for at least two out of the last three years. Is this fact true or false ? Please remem...
01/23/2011
                                                         #988 A contract to build a new home is signed with a builder to build a luxury home costing 675 thousand dollars in a neighborhood of homes valued 150 thousand dollars and less. The new new will lose value. This loss of value is known as av...
01/23/2011
                                                            #987 When we speak of an appraiser collecting data which is accumulated in a general manner the appraiser has conducted an analysis of the building as well as analyzed the site. Is this true or false ? Take your time. the solution is pos...
01/23/2011
                                                                        #986 An owner of a multi-family property thinks that a hot tub area with a shower would be a nice addition to the work-out area on the property. He's asked an appraiser if the addition of the new hot tub and shower area would...
01/23/2011
                                                 #985 When a developer declares that he or she plans to build a mixed-use development, which includes a beautiful shopping mall, and this development will occur adjacent to your lot which is zoned commercial, property values start to increase becaus...
01/23/2011
                                                           #984 When an appraiser is using an income approach to value mortgage payments are generally figured in as part of the property's operating expenses. Is this fact true or false ? Please take your time. The solution is posted below the wild...
01/23/2011
                                                         #983 When an appraiser considers the early phases of a property's life cycle they're referring to the phase which is commonly referred to as the phase of appreciation. Is this fact true or false ? Please take your time. The solution is post...
01/23/2011
                                                            #982 When we speak of the highest and best use of a property we're generally speaking of the best way that a property could benefit the community and satisfy the needs of the neighborhood. is this fact true or false. Please remember to t...
01/23/2011
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David Saks

Broker / Industry Analyst
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