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Real Estate TriviaEnjoy! |
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Q |
What bizarre post-midnight pageant celebrated the great transformation in Manhattan architecture during the 1920s? |
| A |
Beaux-Arts Architects' Ball (January 23, 1931) at the Hotel Astor commemorated the end of the first skyscraper age. |
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Q |
What information does nearly every state in America require the seller of a home to reveal to the buyer? |
| A |
Most states require disclosure of any existing problems or conditions that could affect the value of the house. |
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Q |
How can you give your home the equivalent of sunglasses? |
| A |
Install low "E" squared glass filters sunlight, saves on energy costs and prevents fading of furniture, drapes and carpets. |
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Q |
What area was designed to look like a 1940s southeastern town with traditional architecture? |
| A |
Disney's "Celebration" in Orlando, FL, will eventually have 8,000 houses and many commercial tourist attractions. |
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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 |
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Real Estate Tips
Home Inspections >Serious Inspections
When you are involved in the process of buying a home, it is safe to assume that you will probably find one that you like, make an offer, and purchase it. There are many steps along the way, and more and more buyers in the market today want guarantees. Inspections by structural engineers and environmental specialists often turn up something wrong with the property you want to buy. Many sales have been halted or delayed because asbestos, lead, or radon was found on the property.
If a problem has been found with the property you want to buy, ask yourself two questions:
1) Can the problem be fixed?
2) If so, what will it cost to repair it?
Some of the following problems could keep you from purchasing a property, if:
1) the house rests on a fault line;
2) the water supply is contaminated;
3) there is a severe crack in the foundation;
4) the house is located under electro-magnetic power lines;
5) the house is contaminated with radon gas.
Enlist your real estate agent's help in identifying the existence of any of these problems prior to buying property.
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See All Tips In The "Home Inspections" Category > |
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Real Estate Trivia
| Q | Lenders in 14 states--California, New York, Oregon, Utah, Vermont and Wisconsin and 9 others--have what in common? |
| A | Lender in these states must pay interest on funds held in escrow accounts. |
| See More Real Estate Trivia > |
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