Augusta, Waterville and Topsham real estate and homes for sale in Maine - Jim Rideout, REALTOR®

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Real Estate Trivia

Welcome > Resources > Trivia ...

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


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.

Q	What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?
A	Conventional mortgages are private sector transactions that are not insured or guaranteed by the government.

Q	Where was the great land boom (1919) in which investors paid up to $25,000 for lots not yet dredged up from the ocean?
A	The great Florida land boom brought hundreds of investors to the state after Carl Fisher founded Miami Beach in 1919.

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Jim Rideout, REALTORŽ, real estate agent and broker for Augusta, Waterville and Topsham, Maine home listings, property and land for sale

Jim Rideout Jr., MBA - Maine Stream Team
Coldwell Banker Rizzo Mattson Realtors
219 Capitol Street
Augusta, ME 04330
JR Cell: 207-485-1105
CB Cell: 207-592-6043
Office: 207-622-9000 Ext 129
Fax: 207-622-7283
Toll Free: 800-894-7979
MaineStreamTeam@aol.com
Buyer & Seller Representation - Residential & Commercial Properties - Waterfront - Cottages - Condos - Land - Mobile Homes - New Home Construction - Multi Family Properties - Luxury Homes - Foreclosures, Bank Owned & Government Owned - Rental Properties - HUD Registered Agent - Default Preservation Foreclosure Services - Property Management & Maintenance Services - Short Sales

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