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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 

To what process do the terms closing, escrow, settlement and passing papers refer?

A  These terms, which vary in different parts of the country, describe the conclusion of a real estate sale.

Q 

What island was sold to Peter Minuit by the Indians for goods valued at 60 guilders ($24)?

A  Peter Minuit arrived with a group of Dutch settlers in 1626 and purchased what is now known as Manhattan.

Q 

Which home is #1 on the Top 10 list for most-visited Historic Home in the United States?

A  Graceland, the palatial home of Elvis Presley in Memphis, TN, attracts 600,000 visitors a year.

Q 

Which house over 100 years old still holds the title as the largest house in the U.S.?

A  The 250-room Biltmore House in Asheville, NC, built 1890-1895 at a cost of $4.4 million, is the largest house in the US.

Q 

What is the role of the U.S. Housing Authority?

A  Created in 1937 by FDR, the U.S. Housing Authority provides construction loans to small communities and states.

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Katie Michelle, REALTOR®, real estate agent and broker for Sun Prairie, Madison and Waunakee, Wisconsin home listings, property and land for sale

Katie Michelle
Century 21 Affiliated

2049 McCoy Rd
Sun Prairie, WI 53590
608-438-8369
Fax: 608-837-6667
katiemichelle@NUMBER1EXPERT.com


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