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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 

What is a Balloon Mortgage?

A  A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.

Q 

What took over 30,000 workmen to construct and is considered the second largest palace in the world?

A  The Palace of Versailles, 14 miles southwest of Paris and completed in 1682, is famous for its size and its beauty.

Q 

What price range is considered upscale or high-end in residential real estate?

A  The price range varies depending on the local market, but upscale homes are in the top 10% of an MLS area's annual home sales.

Q 

What is the highest altitude hotel in the world?

A  The Hotel Everest View sits at the record altitude of 13,000 ft (3,964 m) above sea level, in the rarified atmosphere of Namche, Nepal, the village closest to the Mount Everest base camp.

Q 

What is the world's oldest wooden structure?

A  The oldest wooden buildings are the Pagoda, Chumanar Gate and Temple of Horyu in Nara, Japan, dating from A.D. 670.

See More Real Estate Trivia >


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Real Estate Tips
Closing or Settlement >A Smooth Closing

If you are in the process of moving from a home you lived in for years, you might be amazed at what lies beneath all your home furnishings! You might stand in your empty house as the moving van pulls away, staring at piles of dust bunnies and years' worth of grime that you didn't know was there. You are tired, and the last thing you feel like doing is scrubbing your house for the new owners. But leaving your home impeccably clean is one of the most important things you can do to ensure a smooth closing.

Your buyers will do their "walk-through" before the closing to make sure that all the systems of the home are in working order and that the agreed-upon repairs were made. They will feel good about the whole process if they walk into a spotless house. This will be their last opportunity to experience an attack of buyers' remorse, and your efforts can minimize any second thoughts they may be having or any crankiness about issues that must be resolved at the closing. If you are not inclined to do the cleaning yourself, hiring a professional cleaner will be worth the investment.

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Jesse Ramirez, REALTOR®, real estate agent and broker for Corona, Norco, Riverside and Chino Hills, California home listings, property and land for sale - NUMBER1EXPERT

Jesse Ramirez
RE/MAX Partners Real Estate

390 McKinley Street Suite 106
Corona, CA. 92879
Direct: (951) 522-2216
Fax: (951) 278-4439
Broker Lic#: 01249455
Email: remaxjesse@gmail.com

Jesse has lived in the area over 35 years. As a former police officer, he has knowledge and expertise that benefits you. Jesse can understand and relate to your wants and desires! He dedicates himself to serve all your real estate needs. Call or e-mail Jesse Today! 951-522-2216

CDPE ePro Equal Housing ERC MLS REALTOR SFR


RealEstateABC RE/MAX Partners Real Estate Coronareal estate and homes for sale in CA





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