Real Estate Basics
The Legal Document that transfers ownership of a property
What is a Deed?
Raleigh is also known as the City of:
What is the "City of Oaks"?
The weekday known for having the lowest collective energy… and the strongest coffee orders.
What is Monday?
This former NBA star made headlines for selling his 56,000 sqft Orlando mansion.
Who is Shaquille O’Neal?
Code for “small.”
What is “cozy”?
The amount a buyer pays upfront to show they're serious about a home purchase
The Triangle gets its name from these three major universities:
What is Duke, UNC, and NC State?
This is Cynthia's favorite swear word
What is Fuckkkkkk
This singer owns several properties but famously wrote a song about being “Out of the Woods.”
Who is Taylor Swift?
Code for “this needs way more work than you think.”
What is “has potential”?
This type of loan lets a buyer lock in their interest rate for an entire term.
What is a fixed-rate mortgage?
This Beer Garden holds a Guinness World Record for the largest selection of draft beers on tap.
Who cannot remember her log in for literally any of her profiles especially when she is trying to do a team meeting while everyone is watching her?
Shelby!
This talk-show host bought a $70M estate in Montecito—because you can never have too many gorgeous kitchens.
Who is Oprah Winfrey?
Code for “bring your imagination, your contractor, and maybe a tetanus shot.”
What is “a fixer-upper”?
The period when a buyer can inspect a home and negotiate repairs.
What is the Due Diligence Period?
This is the NC state vegetable.
What is the sweet potato?
The universal sign that someone does not want to be interrupted at their desk.
What are headphones?
This action star is known as the “Governor,” but he’s also known for huge real estate investments.
Who is Arnold Schwarzenegger?
Code for “literally just give us any offer, we are desperate to get this house sold”
What is “highly motivated seller"
A type of valuation done by a lender to confirm a home's worth.
What is an appraisal?
English explorer that Raleigh was named after.
Who is Sir Walter Raleigh
The universally understood rule of office life: you may microwave many things, but you should never microwave this.
What is fish?
This former Fresh Prince owns a famous mega-estate in Calabasas that’s basically a small country
Who is Will Smith?
Code for “yes there’s an issue, but no I’m not saying it out loud.”
What is ‘unique’?