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Real Estate Trivia
Welcome > Resources > Trivia ...

Enjoy! 

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


Q 


A 

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.

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.

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Kirk Moore Diamond Service Realtor Team, REALTOR®, real estate agents and broker for Ogden, Ogden Valley and Morgan, Utah home listings, property and land for sale - NUMBER1EXPERT(tm)

Kirk Moore Diamond Service Realtor Team
RE/MAX MASTERS

5518 East Buckhorn Dr
Eden, UT 84310
801-710-9460
Fax: 888-706-1606
801-645-6459
kirkmoore1@aol.com
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"Kirk Moore has become one of the areas most reguarded Realtors always putting his client's and customer's needs first. He's committed to listening. Understanding, and Has the knowledge and experience to make your real estate transaction successful...everytime!"

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