Select A Department:

Courses in this Department

How Ready Are You to Buy a Home?

Determining Your Dream Home and Finding It!

Factory Built Homes Are Worth a Look

Purchase Manufactured Homes with FHA Loan

How to Buy a Foreclosed Home

Pros and Cons of Corner Lots

Know the Neighborhood Before You Buy

Tune in to an Open House on the Radio

Finding a Qualified Broker or Agent

Shopping for a Loan and Choosing a Lender

How to Improve Your Credit

How to Survive the Loan Application Process

Making an Offer and Signing Contracts

Cancel Your Contract in 3 Days

Understanding the Closing/Settlement Process

Choosing Home Inspection and Settlement Professionals

Double Check Your New Home - The Walkthrough

Know Your Consumer Rights

Seniors Have Many Housing Opportunities

Preparing for the Big Day -- Relocating Moving

Make Your Home Your Castle - Cost Effective Redecorating Ideas


Pop Quiz

Multiple Choice:

1. The actual price versus the sales price is an average of ___ percent lower than the list price.
a) 2%
b) 4%
c) 6%
d) 8%

2. The typical down payment or amount of earnest money is:
a) 2-4% of price
b) 5-10% of price
c) 15% of price
d) $1,000

3. The typical contract is __ times as long as the offer to purchase:
a) 2 times
b) 3 times
c) 4 times
d) 10 times

4. The three top contingencies in real estate deals are:
a) financing
b) admittance to clubs
c) approval of boards
d) attorney approval
e) inspection

5. An offer to purchase must include the following three items:
a) description of property
b) amount offered
c) plans
d) closing date
e) contingencies

True or False:

6. I can pull comps for a neighborhood to learn prices of homes.
True False

7. I have all the time in the world to perform the inspections, as long as they are done before closing.
True False

8. The seller gets the earnest money regardless of whether the deal goes through or not.
True False

9. I can include a contingency in the contract to cover me if I change my mind for whatever reason.
True False

10. The purchase price is always the same as the list price.
True False

Page 9 of 9

Error Occurred While Processing Request

Error Occurred While Processing Request

Error Diagnostic Information

An error occurred while evaluating the expression:


Error near line 5, column 29.

Error resolving parameter COOKIE.RHUCRS

The cookie value RHUCRS was not found in the current template file. The cause of this error is very likely one of the following things:

  1. The name of the cookie variable has been misspelled.
  2. The cookie variable has not yet been created or has timed out.

To set default values for cookie variables you should use the CFPARAM tag (e.g. <CFPARAM NAME="Cookie.Color" DEFAULT="Red">)

The error occurred while processing an element with a general identifier of (#cookie.rhucrs#), occupying document position (5:28) to (5:42).

Date/Time: Tue Oct 08 08:04:42 2002
Browser: ia_archiver
Remote Address: