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Real Estate Trivia
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Pop Quiz! 

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


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.

Q 

Lenders in 14 states--California, New York, Oregon, Utah, Vermont and Wisconsin and 9 others--have what in common?

A  Lender in these states must pay interest on funds held in escrow accounts.

Q 

What U.S. state is home to the world's richest woman?

A  Alice Walton, daughter of WalMart's founder and heiress to $16.5 billion, lives on a ranch in the state of Texas.

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Sherry Zimmer, REALTOR®, real estate agents and broker for Fort Lee, Edgewater, Ridgewood, Teaneck and Englewood, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Sherry Zimmer, Licensed Realtor
Exclusive Properties Residential Brokerage

20-00 Fair Lawn Avenue
Fair Lawn, New Jersey 07410
Cell: 201-982-2339
Office: 201-796-7777
szimmer@njrealestate.com

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