Home Buying/Home Selling Quizzes-Which of the following factors

Answer to Quiz

Which of the following factors is most important in determining the current market value of a home?

Answer: (c), location
The adage in real estate is that the three most important things in determining the value of a home are location, location and location. A desirable neighborhood or a desirable street can have huge implications for value. For example, a house in Pacific Heights in San Francisco can be worth 100 times or more than a comparable house in rural areas of the Midwest.

Next Quiz:

If a seller is selling a home "as is," the buyer must accept the home with all defects without the right to have a contractor inspection.

(a) True
(b) False

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Quitclaim Deed

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Quitclaim Deed

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