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Ellen Murphy

All agents are NOT alike! Find out why I am a top real estate expert. Call me: 908-233-5555, or my cell 908-447-8134.

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Real Estate Trivia
Welcome > Resources > Trivia ...

Enjoy! 

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


Q 

Who is "Fannie Mae" and why is she a big name in real estate?

A  "Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders.

Q 

What five basic components of a "smart home" can be controlled by technology?

A  Lighting and window treatments, security and access control, data communication, environmental/energy management, and audio/video entertainment can all be operated by a "smart home".

Q 


A 

Q 

Fewer than 2 percent of homeowners build this type of home:

A  Fewer than 2 percent build a custom home; most buy an older home or select from a home builder's menu.

Q 

What is an encumbrance against a property, which may be voluntary or involuntary?

A  There are many different kinds of liens: a tax lien, a judgment lien, a mortgage lien, and a mechanic's lien.

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Ellen Murphy, REALTOR®, real estate agent and broker for Cranford, Westfield and Scotch Plains, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Ellen Murphy
Coldwell Banker Residential Brokerage

209 Central Ave
Westfield, NJ 07090
908-233-5555
Fax: 908-322-3365
cell: 908-447-8134
ellenmurphy@NUMBER1EXPERT.com


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