Compléter Real Estate Quiz (Hard)Version en ligne Prove that you're an expert in real estate by successfully completing this fill-in-the-blank quiz! par WM 1 Sarah secured a 30 - year with a low interest rate to purchase her dream home . 2 After selling his beachfront condo for twice the purchase price , Kevin was thrilled with his ; however , he was not thrilled about the taxes he had to pay on it . 3 The bank required an before approving the loan to ensure the house was worth the asking price . 4 After signing the paperwork , Sarah received the , officially making her the legal owner of the property . 5 Kevin bought a - at a bargain price , planning to renovate it over the next year . 6 Sarah made a career out of houses , purchasing run - down properties and selling them for a profit after renovations . 7 In addition to the purchase price , Kevin had to budget for , which included lender fees and title insurance . 8 Kevin saved for years to afford a 20% on his first home . 9 The quickly responded to maintenance requests to keep his tenants satisfied . 10 The annual on their home increased after the local government reassessed its value . 11 Sarah invested in a to gain exposure to commercial real estate without directly owning any properties . 12 The landlord calculated the to determine if the property was generating enough income relative to its purchase price . 13 Due to financial hardship , the couple arranged a to avoid foreclosure . 14 The new signed a one - year lease agreement before moving into the apartment . 15 The high in the area forced landlords to lower rental prices to attract more tenants . 16 After years of paying off her mortgage , Sarah had built significant in her home . 17 The funds were held in until all conditions of the home sale were met . 18 After falling behind on payments , the homeowner was at risk of if they didn ? t negotiate with the lender . 19 The required all residents to maintain their lawns and pay a monthly fee for community upkeep . 20 Before finalizing the purchase , Kevin scheduled a home to check for any hidden issues . 21 The real estate agent created an online with photos and details about the property to attract buyers . 22 The homeowner consulted a professional to determine the before putting the house up for sale . 23 Sarah obtained a - from her bank to understand how much she could afford before house hunting . 24 The negotiated the best deal for her client and guided them through the buying process . 25 Before closing the deal , the buyer reviewed the to ensure there were no legal disputes over the property . 26 The city ? s laws prevented the developer from building a high - rise in the residential neighborhood . 27 Kevin chose an because he planned to sell the home before the interest rate adjusted . 28 Sarah preferred a - so her monthly payments would remain consistent over time . 29 The lender calculated Kevin ? s to determine whether he could afford the mortgage payments . 30 The bank charged an to process the mortgage application and cover administrative costs . 31 Kevin paid extra upfront to secure a lower interest rate on his mortgage . 32 To take advantage of lower interest rates , Kevin decided that his mortgage was a smart financial move . 33 The landlord used the positive from his rental properties to pay the mortgage on his home . 34 After selling her rental property at a profit , Sarah had to calculate how much she owed . 35 Investors often use in real estate by financing a property with a mortgage , allowing them to control a valuable asset with minimal upfront capital while maximizing potential returns . 36 The homeowner was surprised to see an increase in their property tax bill after the county reassessed the of their home .
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