David Saks ActiveRain Blog

Follow me
By
Education & Training - The Real Estate Mart of Tennessee, Inc. - TN LIC# 290452
David Saks is a musician, 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
real estate fraud: Real Estate Fraud Report for August 31, 2014 - 08/31/14 03:08 PM   … (0 comments) real estate fraud: Real Estate Fraud Report for August 30, 2014 - 08/30/14 12:24 AM   … (4 comments) real estate fraud: Real Estate Fraud Report for August 28, 2014 - 08/28/14 07:00 PM   … (2 com...
09/01/2014
  Glossary of Real Estate and Mortgage Terms ============================================================ Joint and Several A liability which allows the creditor to sue any one of the debtors or sue all together. Joint Tenancy An undivided interest in property, taken by two or more joint tenants...
09/01/2014
  Glossary of Real Estate and Mortgage Terms ============================================================ Impound Account Account held by a lender for payment of taxes, insurance, or other Index The index if the measure of interest rate changes that the lender uses to decide how much the interes...
09/01/2014
  Glossary of Real Estate and Mortgage Terms ============================================================ Heir and Assigns Words usually found in a deed, showing the interest the grantee is receiving. Home Owner Association An association of people who own homes in a given area for the purpose o...
09/01/2014
           Glossary of Real Estate and Mortgage Terms ============================================================ General Lien A lien such as a tax lien or judgment lien which attaches to all property of the debtor rather than the lien of, for example, a trust deed, which attaches only to a spec...
09/01/2014
  Glossary of Real Estate and Mortgage Terms ============================================================ Federal Home Board The board which charters and regulates federal savings and loan associations, as well as controlling the system of Federal Home Loan Banks. Federal Tax Lien A lien attache...
09/01/2014
    Glossary of Real Estate and Mortgage Terms ============================================================     Easement A right created by grant, reservation, agreement, prescription, or necessary implication, which one has in the land of another. Eminent Domain A Government right to acquire pr...
09/01/2014
  Glossary of Real Estate and Mortgage Terms   ============================================================   Declaration of Restrictions A set of restrictions filed by a subdivider to cover an entire tract or subdivision. Defective Title Title to a negotiable instrument obtained by fraud. Title...
09/01/2014
  Glossary of Real Estate and Mortgage Terms ===============================================================   Cap A limit on how much the interest rate or monthly payment of an ARM can change, either at each adjustment or during the life of the mortgage. Payment CAP's don't limit the amount of ...
09/01/2014
  Glossary of Real Estate and Mortgage Terms =======================================================================  Balloon Note A note calling for periodic payments which are insufficient to fully amortize the face amount of the note prior to maturity, so that a principal sum known as a "Ball...
09/01/2014
Rainmaker
1,328,020

David Saks

Memphis, Tennessee
ActiveRain Can Enrich Your Life ! Question or Note Post Here !
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the envelope to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: