Housing
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1st Grade - University
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Housing
Quiz
•
Financial Education
•
9th - 12th Grade
•
Practice Problem
•
Hard
CRYSTAL K PHELPS
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5 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following are factors that affect a home's value?
(You can choose more than one)
The commute
The crime rate
The neighborhood
The school district
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An independent firm's assessment of the value of the house.
Escrow
Term
Property Taxes
Appraisal
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A deposit made to a seller that represents a good faith to buy a home.
Term
Earnest Money
Escrow
Down Payment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The length of a mortgage loan.
Term
Escrow
Earnest Money
Fixed Interest
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Interest rate changes periodically. Starts small then fluctuates.
Gradual Mortgage
Adjustable Rate Mortgage
Balloon Payment
Income Based Mortgage
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