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Real Estate Trivia
Welcome > Resources > Trivia ...

Enjoy! 

We've added these real estate trivia questions for your enjoyment. And you might learn something new in the process! Have fun... 


Q 

What is encroachment, and how might it affect a property owner?

A  Encroachment, refers to the unauthorized intrusion of a building or improvement onto another person's property; it often requires a surveyor's report to support the claim.

Q 

What is the world's tallest monument?

A  The stainless steel Gateway Arch in St. Louis, MO, designed by architect Eero Saarinen and costing $29 million to build, is 630 feet high.

Q 

Where is the world's oldest castle located?

A  The castle at Gomdan, Yemon, dating from before A.D. 100, is considered the oldest castle; it originally had 20 stories.

Q 

What home is the best example of colonial architecture in homes designed to "grow" as the family grew?

A  The House of the Seven Gables in Salem, MA, that was the model for Nathaniel Hawthorne's novel of the same name.

Q 

Which islands are considered the largest islands in the US?

A  The Hawaiian Islands with 10,456 square miles are followed by Kodiak Island in Alaska at 9,510 square miles.

See More Real Estate Trivia >


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Real Estate Tips
Making An Offer >Bargaining

You found a house that seems perfect and you really love it. The chemistry is there, and the price is right. If you are like many buyers, you start off by asking the real estate agent if the sellers will take less than they are asking.

A real estate agent doesn't know what the sellers' bottom price is. The sellers often don't know themselves until they get an offer. In many cases, the price is negotiable, but the only way to test it is to make the sellers a written offer to accept or counter.

Attractive, well-priced homes usually sell quickly in any market. If you get involved in offers and counter offers, another buyer could come in with a better offer while you are negotiating back and forth. If you cannot qualify for financing at the asking price and you are willing to risk losing the house, you can make a lower offer. But if it will break your heart to lose a home you really love and you can afford it, it may be better to avoid bargaining and simply pay the asking price.

See All Tips In The "Making An Offer" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >


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Tracey Espada, REALTOR®, real estate agent and broker for Ocean City, Sunset Island and Eastern Shore, Maryland home listings, property and land for sale - NUMBER1EXPERT

Tracey Espada
Sunset Island Sales & Rentals, LLC

23 Fountain Dr. West Until B
Ocean City, MD 21842
410-524-1245
Fax: 410-574-1368
traceyespada@NUMBER1EXPERT.com


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