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Real Estate Trivia
Welcome > Resources > Trivia ...

Enjoy! 

I've added these real estate trivia questions for your enjoyment. And you might learn something new in the process! Have fun... 


Q 

What is an encumbrance against a property, which may be voluntary or involuntary?

A  There are many different kinds of liens: a tax lien, a judgment lien, a mortgage lien, and a mechanic's lien.

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.

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Rhonda Rothschild, REALTOR®, real estate agent and broker for Monroe Township, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Rhonda Rothschild
Gloria Nilson & Co. Real Estate

1600 Perrineville Rd
Monroe Township, NJ 08831
609-395-6615
Fax: 609-395-4032
rhondarothschild@number1expert.com

Equal Housing REALTOR SRES


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