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Real Estate Trivia
Welcome > Resources > Trivia ...

Enjoy! 

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


Q 

What does the abbreviation PITI stand for?

A  Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment.

Q 

Lenders in 14 states--California, New York, Oregon, Utah, Vermont and Wisconsin and 9 others--have what in common?

A  Lender in these states must pay interest on funds held in escrow accounts.

Q 

What U.S. state is home to the world's richest woman?

A  Alice Walton, daughter of WalMart's founder and heiress to $16.5 billion, lives on a ranch in the state of Texas.

Q 

What was the longest distance a building has ever been moved?

A  Detroit's five-story Gem Theater, built in 1927, was moved 1,850 feet (5 blocks) to make way for two new sports stadiums.

Q 

Which city in the U.S. has the longest formal name, but the shortest abbreviated name?

A  El Pueblo de Nuestra Senora la Reina de los Angeles de la Porciuncula is the full name for Los Angeles, known as "LA".

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Mike Detrick, REALTOR®, real estate agent and broker for Sheppard Air Force Base, Wichita Falls and Iowa Park, Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Mike Detrick
Nortex Realty

4215 Fairway Blvd
Wichita Falls, TX 76308
Office: 940-723-8203
Fax: 940-767-4953
Cell: 940-733-9772
michaeldetrick@NUMBER1EXPERT.com

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