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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 

What land did the U.S. Government buy for $7.2 million?

A  The U.S. bought all of Russian America (Alaska) from the Russian Czar in March 1867.

Q 

Why is the Terra Amata site in Nice, France famous?

A  Remains of 21 huts found in 1965 are thought to be the oldest known habitation from the Acheulian culture 400,000 years ago.

Q 

Which home is considered the ultimate in California craftsman-style architecture?

A  Located in Pasadena, the Gamble House, built in 1908 by Charles and Henry Greene, is a National Historic Home open to visitors.

Q 

What is considered to be one of the soundest long-term investments?

A  Real estate has a long-term record of strong investment return and is a driving force of the national economy.

Q 

Legend has it that when Brigham Young first saw this city in 1847, he exclaimed: "This is the place!"

A  Salt Lake City, Utah.

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Real Estate Tips
Disclosure Laws >Defects Must Be Revealed

Disclosure laws make it important to reveal all material defects when you are selling a home. It is important to be absolutely candid with your agent and all buyers about the condition of the property. If there is anything wrong with the roof, the plumbing, the wiring or structure, it will probably not remain a "sleeping dog". The problem will probably wake up, snarl, growl and snap at your ankles at the precise moment your buyers feel their first stirring of buyers' remorse.

It is unlikely that defects will go undetected, because most buyers get a home inspection before they are contractually obliged to complete the purchase. Even if the problems do not surface before the closing, your liability does not end after the closing for any defects you may have forgotten to report. Buyers almost never accept misrepresentation graciously, but they can usually deal with a house that is short of perfection if they know what they are getting into from the beginning. When selling your home, your real estate agent will provide you with a seller's disclosure form. Protect yourself by clearly describing any material defects prior to the sale.

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Clausen Ely, REALTOR®, real estate agent and broker for Baltimore, Fells Point and Federal Hill, Maryland home listings, property and land for sale - NUMBER1EXPERT

Clausen Ely
Results 1 Realty

754 Washington Blvd
Baltimore, MD, 21230
office: 410-576-8522
202-494-4700
fax: 410-576-1228
clausenely@NUMBER1EXPERT.com

Clausen Ely started Results 1 Realty to serve the greater Baltimore and Anne Arundel County areas. Our team of knowledgeable and dedicated agents, assistants, contractors, and other vendors put customer service above all else. As we like to say "Results 1 Realty" is open 24 hours a day, 365 days a year.

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