David Saks: July 2014

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 3499


Here goes :

This beautiful home is located on Poplar Avenue just within a stones throw of the University of Schmenge and only a few blocks to the west of the beautiful Plaza Shopping Center.

The local park is at your disposal for hours of fun for the family and your kids.

The area is full of great amenities including great shopping, and public transportation.

Saint John's Presbyterian Church is only a couple blocks away and is also one of the finest schools in the region.

Don't miss this opportunity to own a great home at a great value, 10k below the most recent appraisal.

Call Sal Schmegma church

Schmenge Realty in Bongoville

What's wrong with this description and why is it wrong ?

Does it violate RESPA ?

Maybe not !

But does it violate the Fair Housing Act ?

1) Does it discriminate against someone who doesn't have a family or children ?

2) Does it steer people towards or away from the neighborhood because they may be or not be of the Presbyterian faith ?

David Saks

Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • July 12 2014 01:36PM
Real Estate Practice : Lesson 3499
Here goes : This beautiful home is located on Poplar Avenue just within a stones throw of the University of Schmenge and only a few blocks to the west of the beautiful Plaza Shopping Center. The local park is at your disposal for… more
Real Estate Practice : Lesson 3498
Here goes Here's a list of stuff you can hang on the refrigerator with your designer magnet collection : 1. The income you have left after expenses to pay off the loan. 2. If there are any vacancies on the property if your… more
Real Estate Practice : Lesson 3497
What is a balloon payment Here goes A balloon payment is the payment of a sum of money that's become due and payable all at once. Instead of taking out a mortgage in the… more
Real Estate Practice : Lesson 3496
Is this thing of the past, or is it a thing of the future, oh grand mystic exalted keeper of the cash This was hailed as a "creative" financing technique once upon a healthy economic climate. We're talking about the… more
Real Estate Practice : Lesson 3495
If you default on your loan, the loan can become due and payable in full, immediately. Simple The acceleration clause demands the performance of the contract in full from the buyer upon a breach of the contract. For example: &… more
Real Estate Practice : Lesson 3494
Can a real estate or buyer's agent refuse to submit an offer, and under what circumstances would they do such a thing Is it ethical And when Here are a few reasons that I've heard that agents will refuse to submit offers to… more
Real Estate Practice : Lesson 3493
Well, to begin with, you should prepare your dispute for the bureaus you have the dispute with. The Fair Credit Reporting Act doesn't require this but the Federal Trade Commission has recommended that you submit all of your… more
Real Estate Practice : Lesson 3492
Well, simply put, to the lender, and those guys and gals in the mortgage world, FICO, or Fair Isaac scores as they're affectionately know, can slam your chances of being approved for a loan into the dirt. The FICO score can decimate you… more
Real Estate Practice : Lesson 3491
We discussed the importance of the rating earlier now it's time to focus ont eh importance of the rating itself. The credit rating system is used to deetermine whether or not to give you a loan or issue you a credit card. That's the… more
Real Estate Practice : Lesson 3490
Does the question above win the 'ActiveRain Stupid Question of the Day Award ' It's you life line. Your bread and butter. The air you breath. The clothes you wear. The car you drive. The home you live in. The financial… more