Millburn/Short Hills, Maplewood and South Orange real estate and homes for sale in New Jersey - Stephanie Mallios, REALTOR® REALTOR® Logo - NUMBER1EXPERT™ NUMBER1EXPERT™ Logo
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Stephanie Mallios

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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 

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.

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.

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Stephanie Mallios, REALTOR®, real estate agent and broker for Millburn/Short Hills, Maplewood and South Orange, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Stephanie Mallios
Towne Realty Group

511 Millburn Avenue
Short Hills, NJ 07078
cell: 201-404-1972
office: 973-376-8300, x-291
eFax: 973-532-0207
SMallios@trghome.com

Feel free to contact me with your real estate needs.

REALTOR ePro




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