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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 a "smart home"?

A  A "smart home" is equipped with structured home wiring packages that control the home's systems via networked technologies.

Q 

What oceanfront area is currently the most popular choice among people searching for second homes and vacation homes?

A  According to statistic published early in 2005, the Florida coast is the most sought-after vacation and retirement destination in the United States.

Q 

Fewer than 2 percent of homeowners build this type of home:

A  Fewer than 2 percent build a custom home; most buy an older home or select from a home builder's menu.

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.

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Barbara Foy, REALTOR®, real estate agent and broker for Chicago, Chicago Northwest Side and Chicago Northside, Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Barbara Foy
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2901 N. Clybourn
Chicago, IL 60618
773-502-7653
barbara@barbarahomes.com

I am always available to offer you personal, one-on-one help with what some say is the biggest decision you will make in your life. If you have any questions, please don't hesitate to call or e-mail me! Buying a home? I'll take the time to listen to your needs and desires, and find your dream home. Your total satisfaction is my number one priority. Selling a home? I will get your home sold for top dollar and in a timely manner. My online and offline marketing programs will give you the edge you need to sell your home. I don't want to just list your home, I want to sell it! Fast! Relocating? If you are moving to my area, I can assist you in collecting the information you need, and make your transition as smooth as possible. Feel free to contact me for any information. I love to assist people in relocating, and I've helped many people move to our area! I have built a reputation for client satisfaction, and I am devoted to making your move as easy as possible. You will have the added benefit of working with an agent who understands your needs when buying, selling, or relocating. Finding the right home is only the beginning. I will assist you every step of the way to ensure smooth sailing.

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