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Real Estate Trivia
Welcome > Resources > Trivia ...

Enjoy! 

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


Q 

Who is "Fannie Mae" and why is she a big name in real estate?

A  "Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders.

Q 

What five basic components of a "smart home" can be controlled by technology?

A  Lighting and window treatments, security and access control, data communication, environmental/energy management, and audio/video entertainment can all be operated by a "smart home".

Q 


A 

Q 

Fewer than 2 percent of homeowners build this type of home:

A  Fewer than 2 percent build a custom home; most buy an older home or select from a home builder's menu.

Q 

What is an encumbrance against a property, which may be voluntary or involuntary?

A  There are many different kinds of liens: a tax lien, a judgment lien, a mortgage lien, and a mechanic's lien.

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Wallace Thomas, REALTOR®, real estate agent and broker for Beaufort, Burton and Lady's Island South Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Wallace Thomas
Century 21 Carolina Realty

920 Bay Street
Beaufort, SC 29902
Mobile: 843-252-2126
Office: 843-521-2121
Toll-Free: 800-726-0021
Fax: 843-524-2353
Email: wallacethomas@NUMBER1EXPERT.com

For over thirty years, Wallace Thomas, a Beaufort native, has been helping families, military personal, and retirees with their real estate needs. You can trust Wallace! He knows the area, the people, and the real estate well. Contact him today!

CRSEqual HousingMLSREALTOR


      

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