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 !
RECENT BLOG POSTS
Commercial Sales     January 2015 commercial sales were down 27% from last year with 74 recorded for the month compared to 101 recorded in January 2014.   Average sales prices were up 40% to $2.2M compared to $1.6M resulting in total sales revenue being up 2.6% from last January.   Retail (21), M...
03/09/2015
    Home Sales     Memphis and Shelby County home sales were down 6% in February with 924 sales recorded for the month compared to 980 recorded in February 2014.  Average sales prices were up 22% to $150,371 compared to $123,722 last February.   Total revenue for the month was up 15% from last ye...
03/09/2015
When something has the quality of being of uniform throughout in it's composition or structure or has the quality of being similar or comparable in kind or nature we call it homogenoeous. Land has some of this quality. Land is indestructable and immobile. Parcels of land share some of this homoge...
03/09/2015
A man is building a deck on the rear patio slab of his new home. He has just purchased the lumber which he needs to build the deck. The lumber has just been delivered by the trucking company and left in the driveway for him. Is the lumber considered to be real property (property to be affixed to ...
03/09/2015
When considering the concept of real estate, most of the follwing would be included in the sale of a parcel of land except which of the following items ? 1. Air Rights above the property 2. The rights to the trees 3. The rights to the mineral substance below the surface of the land 4. The annual ...
03/09/2015
When a buyer purchases a parcel of land and turns around and negotiates the sale of the oil rights to a petroleum refinery or mineral rights to a mining group what kind of right is the buyer rescinding to the buyer of the mineral or petroleum company ? Take your time. The solution is posted below...
03/08/2015
A man owns a building in a commercial section of the community. The man has a tenant that rents space in the property that he owns. The tenant operates a beauty parlor. The tenant has installed display shelves. These are fixtures fastened to the walls which house beauty products for sale to her c...
03/08/2015
03/05/2015
      I took this picture of my backyard for you.   A snowstorm rolled in overnight.   I'll be at home for a day or two.   Everything'll be allright.    
03/05/2015
    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 litigati...
03/03/2015
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David Saks

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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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