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Leonard and Pamela Cosmo

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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 

According to Feng Shui, the art of home placement, what five elements are needed in a harmonious environment?

A  Wood, fire, earth, metal and water must be balanced to create a happy, prosperous home.

Q 

Originally incorporated under the name Georgiana, what is the oldest incorporated city in the United States?

A  York, Maine, which received an English charter in March 1642, is the oldest incorporated city in the U.S.

Q 

What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?

A  One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million.

Q 

Who is "Fannie Mae" and why is she a big name in real estate?

A  "Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders.

Q 

What five basic components of a "smart home" can be controlled by technology?

A  Lighting and window treatments, security and access control, data communication, environmental/energy management, and audio/video entertainment can all be operated by a "smart home".

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Leonard and Pamela Cosmo, REALTOR®, real estate agent and broker for Blowing Rock, Boone and Valle Crucis, North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Leonard and Pamela Cosmo
RE/MAX Village Properties

537 North Main Street
Blowing Rock, NC 28605
828-295-9998
Fax: 878-295-8704
pamelacosmo@NUMBER1EXPERT.com


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