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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 area was designed to look like a 1940s southeastern town with traditional architecture?

A  Disney's "Celebration" in Orlando, FL, will eventually have 8,000 houses and many commercial tourist attractions.

Q 

What is considered the primary factor distinguishing buyers of prestigious properties from the average home buyer?

A  Financing doesn't worry these buyers; they often put down 40 percent or more or pay cash for a property

Q 

What has been described as the world's most beautiful building?

A  The white marble Taj Mahal in India was built by the Mogul emperor Shah Jahan (1631-53) to enshrine his favorite wife.

Q 

What are considered the ideal conditions for a buyer's market?

A  In a buyer's market, there are more houses for sale than buyers, homes take longer to sell, and sellers may have to cut prices.

Q 

Who is "Freddie Mac", and why is he a big name in real estate?

A  "Freddie Mac" is the nickname for FHLMC, the Federal Home Loan Mortgage Corporation, which buys mortgages from lending agencies, thus allowing lenders to continually replenish funds for new mortgage loans.

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Kara M. Crooks, REALTOR®, real estate agent and broker for Summit, New Providence and Berkeley Heights, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Kara M. Crooks
Lois Schneider Realtor

431 Springfield Avenue
Summit, NJ 07901
908-376-2709
Fax: 908-277-0956
Kara@CrooksThomsTeam.com


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