Buyers
Sellers
General Real Estate
Olivia
100

What do you need from a lender before you start house shopping?

Pre-approval letter

100

What does FSBO stand for?

For Sale By Owner

100

What season is considered the busiest for buyers and sellers?

Spring

100

How many siblings does Olivia have?

One

200

Which member of the buyer's family is most likely to kill a deal?

Dear ol' dad!

200

True or False: Sellers typically believe their homes are worth more than they are.

True

200

How much does it cost to make an offer?

$0

200

What are Olivia's kids' names?

Lucy & Stella

300

What is the minimum downpayment for an FHA loan?

3.5% of the purchase price

300

True or False: If you are selling a property that is rented, the lease terminates at the time of sale.

False

300

Latin phrase meaning "suit pending".

What is "lis pendens"?

300

In which grade did Olivia meet her husband?

7th

400

Military personnel can obtain this type of 100% financing loan.

What is a VA loan?

400

What does POA stand for?

Power of Attorney

400

Finish this real estate saying: "Don't wait to buy real estate . . ."

Buy real estate and wait!

400

When is Olivia's due date?

June 3rd

500

This bank is known for giving you cookies and picking up your kids from school.

What is First Republic?

500

What is the formula called when you divide the net operating income by the sales price?

CAP rate

500

What area of your home has the lowest return on investment?

basement

500

What is Olivia's maiden name?

Kelly