People
Random
Money
NL History
Vocabulary
100
This person is looking for a house to buy.
Buyer
100
What is your teachers middle name
Melissa
100
The minimum amount you pay for the house.
Down payment
100
What is the name of the most famous house style in Newfoundland?
Salt Box
100
Define realtor
AKA real estate agent
A person who helps you buy or sell a house
200
This person is looking to move to another house or place.
Seller
200
What is the capital of Canada?
Ottawa
200
The total amount of money you pay once you have decided to buy a house.
Closing costs
200
The period of time when people living in small communities were moved to larger towns by the government.
Resettlement project
200
Define flat
An apartment in British dialect
300
This person helps you find a house
Real estate agent/realtor
300
Name three other towns in Newfoundland and Labrador.
Gander, Grandfalls, Corner Brook, Clarenville, St. Anthony, Happy Valley Goose Bay etc.
300
How much are closing fees?
~3% of value of home
300
What kind of house in pictured below?
A biscuit box
300
Define counter offer
The amount of money or conditions that the seller will offer in response to the buyers first offer.
400
This person helps you find out how much you can spend on a house.
Mortgage broker
400
What are the three territories of Canada?
Yukon, Northwest Territories, Nunavut
400
The monthly amount you pay over the set period of time.
Mortgage
400
What is a "Heritage Home"?
A home that has been designated by the city as a culturally and historically significant building. Usually require special permits and are costly to update and maintain.
400
Define "Title"
The legal document that states who own the property.
500
This person completes all the legal paperwork.
Lawyer
500
What is your teacher's sister's first name?
Brianna
500
What is a TFSA?
Tax free savings account
500
What is the name of the four townhouses that were designated as heritage homes in the 1980s?
The four sisters
500
Define mortgage pre-approval
The amount of money the bank can loan you to buy a house. Depends on your income and debt.