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

Descrição

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 por Jay Gray, atualizado more than 1 year ago
Jay Gray
Criado por Jay Gray mais de 7 anos atrás
17
0

Resumo de Recurso

Questão 1

Questão
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.
Responda
  • True
  • False

Questão 2

Questão
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.
Responda
  • True
  • False

Questão 3

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

Questão 4

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

Questão 5

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

Questão 6

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

Questão 7

Questão
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.
Responda
  • True
  • False

Questão 8

Questão
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.
Responda
  • True
  • False

Questão 9

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

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