|
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 |
1992 marked the first year since before the Civil War that there were fewer than 2 million ________ in the United States?
|
| A |
There are fewer than 2 million farms, and agricultural land is still being carved up for residential and commercial uses.
|
|
|
Q |
Due to low business and living expenses, what areas are considered to be the fastest growing in the country?
|
| A |
According to recent studies, the Southern and Western regions of the U.S. are among the nation's strongest economies.
|
|
|
Q |
What document must lenders provide within three days of receiving your application for financing?
|
| A |
The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan.
|
|
|
Q |
What does "contingency" mean in real estate?
|
| A |
A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence."
|
|
|
See More Real
Estate Trivia >
