Show:
Renting Basics
Housing Basics
Securing Rental Property
Securing a House
Grab Bag
100
The fee charged for performing management tasks
What is a security deposit.
100
Loan payments on a house
What is a mortgage
100
A legally binding contract that explains rights and responsibilities
What is a lease
100
An opinion of value on what a house is worth
What is an appraisal
100
The team that has clinched a spot in the NBA Finals
Who is the San Antonio Spurs
200
A person living in a rental property
What is the tenant
200
The value of your house after subtracting what you owe
What is equity
200
When a tenant moves out and allows someone else to move in and take over the rent payments, it is called
What is subleasing
200
Your payment goes up when interest rates go up with this type of loan
What is a ARM (Adjustable Rate Mortgage) loan
200
The number one grossing movie in last weekends (5/24-26) box office
What is the Fast and the Furious 6
300
A person who collects rent, takes care of maintenance, and screens applicants but does not own the property.
What is a property manager
300
This insures you against an unclean title
What is title insurance
300
This would be cause of alarm if you were a tenant and this was on the lease
What is the ability of the landlord to evict you without any notice
300
Protects the lender against loss if the loan is defaulted
What is PMI (Private Mortgage Insurance)
300
This Mayor of New York City had a letter sent to him this week that contained traces of Ricin.
What is Mayor Bloomberg
400
Having fewer responsibilities within a property
What is an advantage to renting
400
An expense you will always have with a home but not a rental property
What is property taxes or maintenance.
400
Before a renter is allowed to take possession of a rental property they required to do these
What is pay security deposit and sign a lease
400
The balance of your mortgage payment, not including interest
What is principal
400
The current standing of the Milwaukee Brewers
What is last place or 5th
500
Transient neighbors, no equity, and less freedom do what you like with the property.
What are disadvantages to owning a rental property.
500
This is a bad idea when it comes to types of of home to own
What is a mobile home or timeshare
500
this is the type of lease used when a landlord and tenant are doing a month to month lease
What is a no-lease or verbal-lease
500
The amount you should not go over when buying your house
What is 25% to 33%(2.5 times your income) of your yearly income
500
The name of the Oklahoma city that recently had an F5 (the strongest winds possible) create mass distruction
What is Moore, Oklahoma