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Q |
What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?
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Conventional mortgages are private sector transactions that are not insured or guaranteed by the government.
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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?
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The great Florida land boom brought hundreds of investors to the state after Carl Fisher founded Miami Beach in 1919.
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Q |
What did 75% of 10,000 buyers surveyed by the NAR list as their top reasons for selecting a Real Estate Professional?
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Knowledge of the housing market, knowledge of real estate practices and financing, and familiarity with neighborhoods.
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Q |
What unique type of home is making news as an affordable, environmentally-friendly housing alternative?
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Straw bale homes may well become the non-toxic, affordable home of choice in the future.
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Q |
What does the abbreviation PITI stand for?
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| A |
Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment.
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- NUMBER1EXPERT™ 
