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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 

What 45,000 sq.ft. home on 5-acres on Lake Washington is described as an 'adventurous house' by its owner?

A  The home of Microsoft's Bill Gates ($40+ million) has a wall of 24 video monitors featuring art and film and a 60-foot pool.

Q 

Which law allows a person to give another individual up to $10,000 a year without any tax consequences?

A  The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year.

Q 

What bizarre post-midnight pageant celebrated the great transformation in Manhattan architecture during the 1920s?

A  Beaux-Arts Architects' Ball (January 23, 1931) at the Hotel Astor commemorated the end of the first skyscraper age.

Q 

What information does nearly every state in America require the seller of a home to reveal to the buyer?

A  Most states require disclosure of any existing problems or conditions that could affect the value of the house.

Q 

How can you give your home the equivalent of sunglasses?

A  Install low "E" squared glass filters sunlight, saves on energy costs and prevents fading of furniture, drapes and carpets.

See More Real Estate Trivia >


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Real Estate Tips
Selling Your Home >When it is Time to Sell

Sometimes the need for a move is obvious. For example, if your work requires you to transfer to a new city, you know it is time to relocate to a new home. The impact of other life changes, such as having twins, your last child leaving home, or a big salary increase, may not be so obvious.

When you notice that your house or condominium is no longer serving your needs, it may be time to call in a professional real estate agent for some expert advice. Your agent may suggest that you remodel your present home or find one that is more suitable to your current lifestyle.

If you decide that a move is necessary, what should you consider before listing your present home for sale and beginning the search for a new one? You will want to know how much you can expect to get for your present home and what you can afford to spend on a new one. You will also need information about financing and the many loan programs that are now available. A professional real estate agent can be an invaluable asset to you as you make these important decisions.

See All Tips In The "Selling Your Home" Category >
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The Luby Group, REALTOR®, real estate agent and broker for Chicago Northwest Suburbs, Barrington, Inverness and Palatine, Illinois home listings, property and land for sale - NUMBER1EXPERT

The Luby Group - Suzanne & Liz Luby - IL Licensees
Coldwell Banker

530 North Hough Street
Suite 180
Barrington, IL 60010
Suzanne: 847-922-7773
Liz: 847-691-3150
Office: 847-277-2777
Fax: 847-382-4990
Luby@TheLubyGroup.com

Suzanne and Liz Luby begin each client relationship with a simple commitment to superior service. With more than twenty years of experience in the Barrington, Inverness and Chicago Northwest Suburban markets, Suzanne and Liz Luby offer home buyers and sellers expert real estate guidance based on the highest professional and ethical standards. The Lubys believe their business is about building lasting relationships through communication, trust, knowledge and expertise. Their team approach has consistently ranked them among the top 100 of Coldwell Bankers’ Chicagoland agents, and top 1% nationally.

CRS GRI ABR SRES REALTOR MLS Equal Housing


Coldwell Banker real estate and homes for sale in Chicago Northwest Suburbs, Barrington, Palatine, Arlington Heights, Illinois

Coldwell Banker real estate and homes for sale in Chicago Northwest Suburbs, Barrington, Palatine, Arlington Heights, Illinois

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