Buying a Home - Lesson 2 (quizizz)
Authored by Yazmin Trujillo
Mathematics
12th Grade
CCSS covered
Used 6+ times
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24 questions
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1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
The average sales price of new homes sold in the United States from 1965 to 2024 has...
increased.
decreased.
stayed the same.
Tags
CCSS.HSF.IF.B.4
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
A person would like to purchase a home. The type of loan chosen requires that they pay 3.5% of the home price before they begin making monthly payments. They will be paying a(n)
down payment
interest
car payment
credit score
Tags
CCSS.6.RP.A.3C
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
The charges for settling a real estate transaction are also called _______costs.
Mortgage
Closing
Possession
Selling
Tags
CCSS.RI.11-12.5
CCSS.RI.9-10.5
CCSS.RI.11-12.3
CCSS.RI.8.3
CCSS.RI.9-10.3
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Which of the following is NOT an upfront cost for buying a home?
down payment
earnest money
closing costs
taxes
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
You must give a 20% down payment to buy a home.
True
False
Tags
CCSS.6.RP.A.3C
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Earnest money...
proves to a seller that you’re serious about buying their home.
is money paid to your local government for community amenities and services, like public schools, roads and fire departments.
includes the fees, taxes and administrative costs associated with buying a home
is 3% of the sale price of a home.
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
A local move will cost less than an out-of-state move.
True
False
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