The Home Buyers’ Quiz

Take this fast, free, and fun quiz to test your real estate knowledge.

  1.  With home ownership, a typical monthly payment includes





 2. When you purchase a home “AS IS”





3. Who typically pays the commission to the Buyer’s Agent?





  4. Oregon law requires a home inspection when purchasing a home.



5. What is the most important factor when determining the market value of a house?





6. How much of your income should a typical monthly payment represent?





 7. What are points?





8. How much is the required 3.5% down payment on a $265,000 loan and the annual property taxes are $2800.00?





 9. FHA loans require mortgage insurance.



10. According to Oregon Law, in order for a purchase contract to be valid, there has to be earnest money.





To test your knowledge on other quizzes, try:

real estate quiz