"Home Buyers Quiz" Are you informed to make a wise buying decision?

Beschreibung

Ok, so you're eager to take advantage of today's housing market to buy your first home. Do you know as much as you think you do about the process? Take our "First-Time Buyer Quiz" to test yourself. Go ahead. There's always more to learn.
Jay Gray
Quiz von Jay Gray, aktualisiert more than 1 year ago
Jay Gray
Erstellt von Jay Gray vor mehr als 7 Jahre
17
0

Zusammenfassung der Ressource

Frage 1

Frage
I'll get better value by buying the least-expensive home in a sought-after neighborhood rather than the best home in a less-popular one.
Antworten
  • True
  • False

Frage 2

Frage
If I hire a buyer's agent, I'll have to pay that agent's fee if he or she helps me buy a home.
Antworten
  • True
  • False

Frage 3

Frage
Taking a fixed-rate mortgage is always the best way to finance a home purchase.
Antworten
  • True
  • False

Frage 4

Frage
I can take a tax deduction for mortgage loan points for my main home, even if they're paid by the seller.
Antworten
  • True
  • False

Frage 5

Frage
Since I don't have kids, the quality of local schools are not important when choosing a neighborhood to live in.
Antworten
  • True
  • False

Frage 6

Frage
I should make a final walk-through inspection of the home I'm purchasing the same day as settlement or closing, if possible.
Antworten
  • True
  • False

Frage 7

Frage
It makes sense to buy furnishings now for the home I'm in the process of purchasing, so I can move in and get settled fast, once the deal is closed.
Antworten
  • True
  • False

Frage 8

Frage
The title insurance policy my lender insists that I buy will protect my interests should someone make a claim on my home down the road.
Antworten
  • True
  • False

Frage 9

Frage
Getting the best interest rate is the most important consideration when choosing a mortgage loan.
Antworten
  • True
  • False
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