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Quiz Questions for Session 8:
Renting or Buying a Home

Question 1:

Renting a home may be preferable to buying one if:

A) You're uncertain you like the area
B) Your job is uncertain or for a limited term
C) The market in your area of preference is at its peak
D) Any of the above may be correct.

Question 2:

Buyers have a right to expect the following from their sales agents:

A) Disclosure of material facts
B) Focusing on buyers' stated needs and objectives
C) Protecting and promoting buyers' interests
D) All of the above

Question 3:

What are the key features to consider when selecting a lender?

A) Reputable and experienced in the local market.
B) Service oriented, answers your questions, and returns your calls.
C) Provides a loan program tailored to your needs.
D) All of the above.

Question 4:

Lenders are primarily concerned about:

A) A borrower's income and capacity to repay the loan
B) The property's appraisal
C) The borrower's assets
D) The borrower's total indebtedness

 

 

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