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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	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.

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.

See More Real Estate Trivia >

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The Stick With Steve Team, REALTOR®, real estate agent and broker for Northwest Suburbs, Arlington Heights and Palatine, Illinois home listings, property and land for sale

The Stick With Steve Team
Coldwell Banker Residential Brokerage
792 E. Rand Road
Arlington Heights, IL 60004
Office: 847-222-8686
Fax: 847-394-5890
Email For Buyers: Julie@StickWithSteve.com
Email For Sellers: Steve@StickWithSteve.com
Through innovative marketing and extensive use of advertising, Steve's average career marketing time of under 30 days from listing to sale is a true barometer of Steve's expertise. In fact, he averages one home sale a week. Steve has over 1100 happy families he has helped and over $300 million dollars in sales. Stick with a proven leader.

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