|
|
|
We've added these real estate trivia questions for your enjoyment. And you might learn something new in the process! Have fun... 
|
Q |
What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?
|
| A |
Conventional mortgages are private sector transactions that are not insured or guaranteed by the government.
|
|
|
Q |
Where was the great land boom (1919) in which investors paid up to $25,000 for lots not yet dredged up from the ocean?
|
| A |
The great Florida land boom brought hundreds of investors to the state after Carl Fisher founded Miami Beach in 1919.
|
|
|
Q |
What did 75% of 10,000 buyers surveyed by the NAR list as their top reasons for selecting a Real Estate Professional?
|
| A |
Knowledge of the housing market, knowledge of real estate practices and financing, and familiarity with neighborhoods.
|
|
|
Q |
What unique type of home is making news as an affordable, environmentally-friendly housing alternative?
|
| A |
Straw bale homes may well become the non-toxic, affordable home of choice in the future.
|
|
|
Q |
What does the abbreviation PITI stand for?
|
| A |
Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment.
|
|
|
 See More Real
Estate Trivia >
Please Sign Up For The Latest Listings and the Latest Real Estate News
NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT® 
