Charlotte Trivia
In the late 20th century, Charlotte became a national financial hub thanks largely to the rise of this industry.
What is banking (or financial services)?
This artsy, nightlife-heavy neighborhood is home to Soul Gastrolounge, a hotspot for creative small plates and cocktails.
What is Plaza Midwood?
Your "Golden Ticket" to purchasing real estate: This document from a lender shows a buyer has been reviewed for creditworthiness and states how much they are conditionally qualified to borrow when making an offer on a home.
What is a pre-approval letter?
Greg has only ever owned this brand of automobile.
What is Subaru?
This neutral third party is responsible for holding earnest money and facilitating the transfer of funds and documents at closing.
What is an escrow agent or closing attorney?
You’ll find more of these per capita in Charlotte than anywhere else in the U.S., making them a surprise point of local pride.
What are trees?
harlotte’s downtown core and business hub, this area features Fin & Fino, a seafood-focused restaurant known for its oysters, crudos, and lively atmosphere.
What is Uptown Charlotte?
In North Carolina, this contingency gives buyers time to inspect the property and cancel or renegotiate the contract.
What is the due diligence period?
Bonus: (+200 Points) Name a repair that every seller in NC must complete or offer a credit for when discovered during the due diligence period.
Before pivoting to a career in real estate in 2019, Greg spent 10 years in this industry.
This licensed professional evaluates a property’s condition and reports on potential issues before a buyer completes their due diligence.
What is a home inspector?
This 1799 discovery near Charlotte sparked the nation’s first gold rush, decades before California’s.
What is the discovery of gold at Reed Gold Mine?
A 17 lb gold Nugget found by 12 year old Conrad Reed which was sold to a jeweler for $3.50
Known for murals, breweries, and a strong creative scene, this district features Haberdish as a go-to Southern comfort food destination.
What is NoDa?
This legal document is required in North Carolina to transfer ownership of real property from seller to buyer.
What is a deed?
This was the only sport that Greg participated in throughout high school.
What is wrestling?
This expert assesses the market value of a home on behalf of a lender to ensure the purchase price is appropriate for the loan.
What is an appraiser?
Through mergers and expansion in the late 20th and early 21st centuries, this institution helped establish Charlotte as the nation’s second-largest banking center after New York.
What is Bank of America?
Known for historic homes, walkability, and jazz-era charm, this neighborhood features Cajun Queen as a longtime dining staple.
What is Elizabeth?
This report shows a property’s ownership history, liens, and encumbrances before closing.
What is a title search?
What is the one musical genre that you are not likely to find on Greg's Spotify history?
What is country music?
This licensed professional may be required to certify property boundaries and is especially important when disputes or new construction are involved.
What is a surveyor?
Charlotte earned this Revolutionary War–era nickname after residents allegedly chased away British General Cornwallis.
What is “The Hornet’s Nest”?
This upscale shopping and residential district is home to Baku, a sleek sushi and modern Japanese restaurant popular for date nights and business dinners.
What is SouthPark?
This bureau of the U.S. Treasury Department combats money laundering and requires reporting of certain real estate transactions involving cash and legal entities.
What is FinCEN?
Seeking the path of least math, Greg majored in this subject in college.
What is graphic design?
During a real estate transaction this key player owes you obedience, loyalty, disclosure, confidentiality, accounting and reasonable skill, care and diligence.
Who is your real estate agent?
-Obedience
The agent must follow all lawful instructions from the client.
-Loyalty
The agent must act solely in the client’s best interest, not their own or another party’s.
-Disclosure
The agent must disclose all material facts that could affect the client’s decision in a transaction.
-Confidentiality
The agent must keep client information private, even after the relationship ends (unless required by law to disclose).
-Accounting
The agent must properly handle and account for all money, documents, and property entrusted to them.
-Reasonable Care (or Skill, Care & Diligence)
The agent must use their expertise competently and act with professionalism throughout the transaction.