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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 

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.

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Steve Huber, REALTOR®, real estate agent and broker for Lancaster, Manheim Township and Hempfield Township Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

The Steve Huber Team
RE/MAX Associates of Lancaster

570 Lausch Lane Suite 100
Lancaster, PA 17601
Phone: 717-569-2222
Toll Free: 800-992-9692
Direct: 717-581-4906
Fax: 717-581-0236
e-mail: info@lancastercountyhomes.com

The mission of The Steve Huber Team is to provide premier real estate service that exceeds customer expectations through genuine caring and professionalism. We are committed to providing a customer focused "stress free" total real estate solution."

Steve holds the CRP designation (Certified Residential Professional) as well as the ones displayed below.

ABR CLHMS CRS ERC GRI RELO SRES


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