A|B Puzzle Challenge #2 - So you want to buy a house?
Across
- 2. A _____ window is built to project outward from an outside wall.
- 3. Acronym used to describe a home that is being sold without assistance from a real estate agent or a broker.
- 5. Having a well _________ house will greatly reduce heating and cooling costs.
- 6. The space between the roof and the ceiling of the highest floor of the house.
- 14. The shag _______ will likely be the first thing to go once you move in.
- 15. Finally a place for cookouts and outdoor parties, but you do have to mow it.
- 16. Inspection A close physical examination to evaluate plumbing, electrical, heating and cooling systems, as well as appliances, roof, foundation, and structural stability.
- 17. An upgrade perhaps over Formica countertops.
- 20. Insurance by a private company protecting the mortgage lender against financial loss occasioned by a borrower defaulting on the mortgage.
- 22. The original amount of a loan, excluding interest.
- 23. Oddly you park in a ________ way and ________ in a parkway.
- 25. The maximum amount of money that can be loaned to you.
- 26. The analysis of the risk involved in making a mortgage loan to determine whether the risk is acceptable to the lender.
- 27. A process that confirms a property’s boundary lines and legal description.
- 28. A _____ closet is the size of a NYC apartment.
- 29. Money placed with a third party for “safekeeping.” during a real estate purchase.
- 31. A written estimate of the value of something. In real estate, it is a professional opinion of the market value of property.
- 34. A type of conventional loan that exceeds conforming loan limits set by the FHFA.
- 35. A unit of land area equal to 4,840 square yards.
Down
- 1. A _____ bath contains a toilet and sink but no bathtub or shower.
- 4. A ______ home is a term for the first home that a person can afford to buy.
- 5. An isolated landmass you might hope to find in your new kitchen.
- 6. The best answer for all your Title & Settlement Industry recruiting needs.
- 7. Written evidence of the right to or ownership in property.
- 8. These must be paid to cover the cost of the transaction, such as a loan origination fee, discount points, insurance fees, survey fees, and attorney’s fees.
- 9. A _______ Payment is a portion of the sales price you pay to the seller to close a sale, with the understanding that the balance will be paid at settlement.
- 10. A federal agency that is part of HUD and provides mortgage insurance for residential mortgages and sets standards for construction and underwriting.
- 11. Clients will receive a ____ percent discount off their next project by posting that they completed this puzzle on social media and tagging Anderson Biro.
- 12. Tax Money you pay to your local and state government for the pleasure of owning property within their jurisdiction.
- 13. Love makes a House a _______.
- 14. Get rid of the window units!
- 18. A single-story house style named after a salad dressing.
- 19. Repaying a debt with the proceeds of a new loan, using the same property as collateral.
- 21. A legal document that pledges real property (such as a home) to the lender as security for the repayment of a debt.
- 24. The cost you pay each year to borrow money, including fees, expressed as a percentage.
- 30. Noise a dog makes and the top of your house which you may want to have inspected.
- 32. Front ______ swing.
- 33. A legal hold or claim of a creditor on the property of another as security for a debt.