David Saks: May 2009

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 178

                           

An appraisal is generally considered to be based on value according to a specific calendar and time element imposed on the various factors involved in estimating value.

Is this true or false ?

Please take your time. The solution is posted below the wildlife photo.

wildlife
A. True

An appraisal is an opinion of value and coincides with market conditions and other conditions of value as of a specific date associated with the appraisal.




David Saks



Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.

 

Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.

 

 

 

 

"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


 

  Real Estate Crimes

 

Click "HERE" For Today's Question

 

 

TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis

WUMR

 

Support
America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

Comment balloon 0 commentsDavid Saks • May 29 2009 06:01PM
Real Estate Practice : Lesson 178
share
An appraisal is generally considered to be based on value according to a specific calendar and time element imposed on the various factors involved in estimating value. Is this true or false Please… more
Real Estate Practice : Lesson 177
share
A house had been appraised for the loan at $516, 000 and the sales price is $510, 000. The loan-to-value ratio is 85%. What is the eligible amount of the loan based on this loan… more
Real Estate Practice : Lesson 176
share
If a lender wants to produce a better yield on a loan the lender may increase the loan amount by 3% which will be paid at the closing table as a charge known as an origination fee Is… more
Real Estate Practice : Lesson 175
share
When we talk about an adjustable rate mortgaqge we're talking about a loan that is adjusted in a way to increase and decrease the amount but the payment always remains the same. Is… more
Real Estate Practice : Lesson 174
share
When a conventional loan is sought by the borrower, private mortgage insurance to protect the loan is usually not required if the loan-to-value ration of the laon is over 95%. Is… more
Real Estate Practice : Lesson 173
share
The FHA buys and sells loan in the secondary mortgage market as well as makes loans to borrowers in the primary mortgage market. Is this fact true or false Remember to take your… more
Real Estate Practice : Lesson 172
share
It is well known that if a borrower's credit is excellent a downpayment is not required for an FHA loan. Is this fact true or false Pleaser take your time. The solution is… more
Real Estate Practice : Lesson 171
share
A VA loan is a loan that may never be assumed by anyone other than an eligible veteran. Is this true or false Please take your time. The solution is posted below the… more
Real Estate Practice : Lesson 170
share
Once the trustee's sale has been held and all of the expenses related to the foreclosure have been paid and all of the liens have been satisfied, if there is any money left over it belongs to the court. Is this fact true or false … more
Real Estate Practice : Lesson 169
share
If a borrower is facing nonjudicial foreclosure the borrower is entitled to the right of being able to cure the default on the loan by paying off the delinquincy and reinstating… more