Real Estates
A property's usethe marketplace contributes to the demand for it.
Anticipation
Change
Transferability
Utility
Which type of real estate investment typically generates rental income?
Residential property
What is a common financing option for purchasing a home?
Mortgage
What is a common feature of a condominium?
Shared ownership of common areas
Which government agency provides mortgage insurance in the United States?
Federal Housing Administration
What is the process called when a homebuyer pays off their mortgage over time?
Amortization
Which factor can influence the value of a property?
Location
What is the definition of a fixer-upper?
A property in need of renovation
What is the primary purpose of a real estate agent?
Negotiating sales contracts
What is a common tax deduction for homeowners?
Property taxes paid