David Saks: What's The Easiest Way to Lose Your Home ?

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

What's The Easiest Way to Lose Your Home ?


Gambling destroys families and lives !


Many foreclosures are the result of degenerate, addictive gambling !


Stay away from the casinos if you're struggling with your expenses !


Make sure that both your family and your home are your most important priorities !


Please don't gamble !


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



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 10 commentsDavid Saks • February 03 2015 06:30AM


In a past life, I was an analyst with a bankrutpcy law firm.  My job was getting info from clients and preparing chapter 13 budgets. 

I would estimate that 50% of the bankruptcy petitioners were in their financial mess because of gambling problems.  Most of the rest were mostly just spenders.

Posted by Lenn Harley, Real Estate Broker - Virginia & Maryland (Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate) over 5 years ago

Good Morning David

Thanks for the post and wise advice. Have a great week.

Posted by Patrick White, Driven to bring New Yorkers home (Home Driven Realty, Inc) over 5 years ago

Well that really sucks. I am so glad Hawaii is a state that doesn't allow gambling, or lotteries. It would be awful to see that happening every day.

Posted by Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info (Hawai'i Life Real Estate Brokers) over 5 years ago

The casinos aren't gargantuan because people win, Lenn Harley . Thanks.

Posted by David Saks ((retired)) over 5 years ago

Anyone with a mortgage and family should avoid a casino like a collapsed bridge, Patrick White . Thanks.

Posted by David Saks ((retired)) over 5 years ago

Life is better without casinos, Georgie Hunter . The nefarious psychology of getting something for nothing is what keeps the roulette wheel spinning and makes one a sucker for punishment because of the crippling addiction.

Posted by David Saks ((retired)) over 5 years ago

Very sad but true David. Gambling is like drugs or abusing alcohol, many can't control themselves. Also what gets me is that the local police arrested many people in the past for doing these things now the government wants to make money by having gambling legal in just about every state.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) over 5 years ago

Maybe the Fed subsrcibes to the old adage, "If you can't beat 'em, join 'em", so the saying goes, Noah, if that's the Fed's intention. Wagering set a precedence south of Memphis in Tunica County and, so far, hasn't been able to cross state lines with the exception of the state lottery. Gambling is a disease. I don't gamble, and always encourage others not to because of the danger.

Posted by David Saks ((retired)) over 5 years ago

David, as with ANY addiction it is to be taken seriously and sometimes intervention is the key--no matter where it comes from. 

Posted by Gayle Rich-Boxman Fishhawk Lake Real Estate, "Your Local Expert!" 503-755-2905 (John L Scott Market Center) over 5 years ago

So true, Gayle. Thank you.

Posted by David Saks ((retired)) over 5 years ago

This blog does not allow anonymous comments