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Real Estate Trivia
Welcome > Resources > Trivia ...

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


Q 

Who received the largest land grant ever given to an English subject for only two beaver skins per year?

A  William Penn, the Quaker leader, received Pennsylvania and Delaware to settle a debt owed his father by King Charles II.

Q 

What is considered the primary factor distinguishing buyers of prestigious properties from the average home buyer?

A  Financing doesn't worry these buyers; they often put down 40 percent or more or pay cash for a property

Q 

What has been described as the world's most beautiful building?

A  The white marble Taj Mahal in India was built by the Mogul emperor Shah Jahan (1631-53) to enshrine his favorite wife.

Q 

What are considered the ideal conditions for a buyer's market?

A  In a buyer's market, there are more houses for sale than buyers, homes take longer to sell, and sellers may have to cut prices.

Q 

Who is "Freddie Mac", and why is he a big name in real estate?

A  "Freddie Mac" is the nickname for FHLMC, the Federal Home Loan Mortgage Corporation, which buys mortgages from lending agencies, thus allowing lenders to continually replenish funds for new mortgage loans.

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Nicholas Tselepis, REALTOR®, real estate agent and broker for Clifton, Passaic and Paterson, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Nicholas Tselepis
Nicholas Real Estate

1624 Main Ave
Clifton, NJ. 07013
Phone: 973-340-1202
Fax: 973-340-9482
Email: nicholastselepis@NUMBER1EXPERT.com


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