Charleston History
This nickname for Charleston gained popularity in the late 1800s and Early 1900s
What is the Holy City
This architectural style is seen across Charleston characterized with white columns
What is Greek Revival
This term is used to describe a professional estimate/opinion on the value of real estate
What is an appraisal
What is the interest paid annually if the interest rate is 10% on a 450,000 home?
What is $45,000
The Oldest Educational Institute south of Virginia
What is College of Charleston (1770)
These narrow, rectangular homes have rooms arranged in straight line and doors at each end is a part of Charlestons architectural landscape, particularly in the post civil war era?
What is a Shotgun House
CMA
What is a Comparative Market Analysis
A buyer is purchasing a home for 200,000 and is taking out a mortgage for 100,000. What is the Loan to Value?
100,000 / 200,000 x 100 =
What is 50%
This iconic street that highlights our cities well preserved architecture with a pastel scheme
What is Rainbow Row
These metal rods or bolt, often seen son older brick and plaster houses in Charleston
What is Earthquake bolts or rods
NAR
What is the National Association of Realtors
What is the monthly interest payment on a 240,000 home at 5% interest rate
What is $1,000 per month
Gullah Geechie's tradition to paint ceilings to ward off evil spirits
What is "Haint" Light Blue
What unique piece of outdoor furniture, a bouncy bench believed to have originated in South Carolina, can often be found on Charleston piazzas?
What is a Joggling Board
HUD
What is Housing of Urban Development
A property sells at $500,000 and the listing agent and buyers agent split the commission equally.
How much does the buyers agent receive?
What is $12,500
The First Shots of this war were fired where in Charleston
What is The Civil War at Fort Sumter
What are the large porches that run the length of a Charleston single house called?
What is Piazzas
LTV
What is Loan To Value
A property is valued at $600,000 and the owner has $150,000 in equity. What is the outstanding loan balance