Real Estate 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 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.
Q 

What is arguably the world’s strangest (and most dysfunctional) kitchen?

A  In 1998 the Kemper Museum of Contemporary Art in Kansas City first displayed a kitchen made entirely of 40 million colored glass beads by artist Liza Lou of Topanga, California.

 

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Salafia Sold Team
Sal, Nunzio and Davide Salafia
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