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

2015 

  real estate fraud: Mortgage Fraud Blog for Tuesday January 20, 2015 - 01/20/15 09:44 PM       Mortgage Fraud Blog sends me an update email once per week.   The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www.mortgagefraudblog.com...
01/20/2015
      Mortgage Fraud Blog sends me an update email once per week.   The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www.mortgagefraudblog.com. Rachel Dollar is a California attorney who represents lenders in mortgage related litiga...
01/20/2015
        Remarks of Secretary Julián Castro at the National Press Club   2015: A Year of Housing Opportunity   Tuesday, January 13, 2015   Washington DC           Thank you very much, Myron, for your kind introduction.  More importantly, thank you for your service as President of the National Pres...
01/20/2015
FBI Offers $25,000 Reward in Jessica Chambers’ Murder Investigation FBI Jackson January 16, 2015 Public Affairs Specialist Deborah Madden (601) 948-5000 The FBI is offering a reward of up to $25,000 for information leading to the identification, arrest, and conviction of the person or persons re...
01/20/2015
I wrote the song below thirty years ago.   This is a recording I made at the Beale Broadcast Workshop in 1990.   I've never really been a singer and couldn't give up the day gig working at the music store way back then.   Thought you might like to hear how my alter ego ended up in a melodic whirl...
01/18/2015
Donna purchased a home seven years ago for $650,000. She signed a listing agreement recently and offered the home for sale through the broker at an increase of 30% over what she originally paid for the home. The house wasn't getting any offers because of poor market conditions and Donna decided ...
01/18/2015
Mrs.Berschmeir owns an apartment building in Memphis, which is rented weekly, with 27 rooms. Five tenants pay $170 dollars a week. Nine tenants pay $190 dollars a week. Eight tenants pay $160 dollars a week. Five tenants pay $180 dollars a week, plus $37.50 a week for a garage with additional st...
01/18/2015
A $465,000 investment reports annual earnings of 6.5%. Would would the monthly return be on the investment ? The solution is below the wildlife photo. Please take your time.   A. $2518.75 Multiply 465,000 times the annual earnings rate of 6.5% by converting 6.5% to the decimal .065 times 465,000...
01/18/2015
The property taxes on the house were $1260. The taxes were due on January 1st and paid by the seller. How much of a property tax refund would the seller get from the buyer if he sold the property and the taxes were prorated from September 15th of the year using a 360 day year ? The solution is b...
01/18/2015
A loan was granted in the amount of $135,000. The annual rate of interest n the loan was 5.5%. What is the amount of a semi-annual interest payment ? Take your time. The solution is below the wildlife photo. A. $3712.50 Find the annual interest payment by multiplying 5.5% or .055 times $135,000....
01/18/2015
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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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