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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 document must lenders provide within three days of receiving your application for financing?

A  The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan.

Q 

What does "contingency" mean in real estate?

A  A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence."

Q 

Where is the world's largest mud building?

A  The Grand Mosque in west Africa measures 328 feet long and 131 feet wide, and has been carefully maintained for centuries by local craftsmen, especially during the rainy season.

Q 

What 45,000 sq.ft. home on 5-acres on Lake Washington is described as an 'adventurous house' by its owner?

A  The home of Microsoft's Bill Gates ($40+ million) has a wall of 24 video monitors featuring art and film and a 60-foot pool.

Q 

Which law allows a person to give another individual up to $10,000 a year without any tax consequences?

A  The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year.

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Gary & Cindy Belhumeur, REALTOR®, real estate agent and broker for Denver, Arvada and Westminster, Colorado home listings, property and land for sale

Gary & Cindy Belhumeur, GRI, ABR, CSR, SRES, e-Pro
Home Source Group

7728 Vance Dr., Suite B
Arvada, CO. 80003
Toll Free: 866-295-4977
Local Phone: 303-429-1887
Fax: 303-412-5608
Email - Gary: Gary@HomeSourceInfo.com
E-Mail - Cindy: Cindy@HomeSourceInfo.com

Gary and Cindy Belhumeur are the NUMBER ONE AGENTS in the Denver Metro area. The Home Source Group, owned and operated by Gary and Cindy Belhumeur, is your "One-Stop Real Estate Source". Their experienced Realtors and professional support staff offer "Concierge" service to all of their clients. The Home Source Group represents Buyers or Sellers and offers comprehensive Relocation Services and Financing. Give Gary and Cindy Belhumeur a call and find out why they've been in the Top 1% of Denver Realtors for the last TEN consecutive years! The Home Source Group also specializes in Short Sales and Foreclosures and are HUD Certified Brokers.

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