Unbeatable Quiz

How long does it take to purchase a home?

It takes... *

This is a test, but it's not graded!

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Who are the parties in a real estate purchase agreement?

The parties are the... *

Which of these is not in your monthly mortgage payment?

A monthly payment excludes... *

What does escrow mean in your purchase?

Escrow means... *

What is a home inspection for?

A home inspection... *

What does “contingent” mean in a real estate listing?

Contingent means... *

What is the purpose of title insurance?

Title insurance... *

When you use a buyer’s agent, the seller pays the commission.

The seller pays the buyers agent. *

Who can write a contract?

Writing a contract is allowed by: *

You can negotiate all clauses on a purchase contract.

This statement is... *

What is a contingency in a real estate purchase agreement?

Contingencies are... *

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