David Saks: October 2011

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 1367

                                                             #1367

When we talk about an impound waiver we're discussing a practice that involves charging points or processing fees that are out of the ordinary.

Is this fact true or false ?

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

wildlife

A. False

This is known a s fee packing, once again.




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 • October 24 2011 03:17PM
Real Estate Practice : Lesson 1367
share
#1367 When we talk about an impound waiver we're discussing a practice that involves charging points or processing fees that are out of the ordinary. Is this fact true or false… more
Real Estate Practice : Lesson 1366
share
#1366 Steering involves charging a borrower processing fees or points to close that are higher than usual because the lender is steering the borrower away from a conventional loan. Is… more
Real Estate Practice : Lesson 1365
share
#1365 A loan secured by a fleet of tractors to purchase additional farm equipment would be covered under the Truth In Lending Act. Is this fact true or false Please take… more
Real Estate Practice : Lesson 1364
share
#1364 Property flipping will involve the charging of processing fees that are not necessary for the services provided by the lender. Is this true or… more
Real Estate Practice : Lesson 1362
share
#1362 An unsecured loan for 50 thousand dollars would be covered by the Truth In Lending Act. Is this fact true or false Please take your time. The solution is below the wildlife… more
Real Estate Practice : Lesson 1361
share
#1361 Another purpose of the Home Mortgage Disclosure Act is to insure that a person, whose income is derived from public assistance, is not discriminated against. Is this fact true or… more
SUNDAY SERENADE - The Alan Parsons Project
share
The Year Was 1981. Time to get away from business for a couple of minutes. more
Serenade Time - Todd Rundgren
share
Here's a lovely song to enjoy while snacking on warm oatmeal by the fire. more
TWO CALIFORNIA MEN INDICTED FOR $8. 5 MILLION MORTGAGE FRAUD SCHEME
share
Two California Men Indicted for $8. 5 Million Mortgage Fraud Scheme U. S. Attorney’s Office October 19, 2011 Western District of Missouri (816) 426-3122 … more
FORMER BANK PRESIDENT AGREES TO PLEAD GUILTY IN MULTI-MILLION -DOLLAR…
share
Former Bank President Agrees to Plead Guilty in Multi-Million-Dollar Bank Fraud Conspiracy and Perjury in His Personal Bankruptcy Case Conner Fleeced Failed Stockbridge Bank and at Least Ten Other Federally Insured Banks … more