Choose the one word or phrase that best completes the sentence and fill in the appropriate answer above.
1-
The house I am buying is still in the......... process. It will take about two weeks to complete that process and then I will own my own house and be able to take possession of it.
A -
government
B -
bureaucrat
C -
crow
D -
escrow
2-
I recently rented out my basement to help me pay my ......... . A little more than half of it is paid with the rental money I get and the rent money is helping me pay off my house faster.
A -
finance
B -
ownership
C -
mortgage
D -
bond
3-
Before I agree to buy your house, I want to wait for the results of the......... search to come back. Not that I don't trust you, I just want to make sure the house is fully owned by you and there are no liens attached to the property.
A -
owner
B -
settlement
C -
certificate
D -
title
4-
My wife and I had to move in with my parents for a year and a half while we saved up a down......... for a house. It was torture being under the parents' rules again for that long.
A -
payment
B -
packet
C -
account
D -
credit
5-
I whole-heartedly recommend getting a house......... before agreeing to buy a house. I checked the house myself and didn't see anything wrong with it. However, the guy in charge of the process found a major problem with the roof that would have cost me at least $15,000 to fix.
A -
inspection
B -
spy
C -
check
D -
test
6-
I also recommend, if it isn't included in the house inspection, getting a ......... inspection done. My grandfather got one before buying his house and found out there were termites in a lot of the wood.
A -
fly
B -
arachnid
C -
beetle
D -
pest
7-
Make sure to read your credit ......... very carefully when you get a mortgage. I didn't read mine that carefully and was late one month. My interest rate went up two points for six months. If I had known that would happen, I wouldn't have been so lax on sending in the payment.
A -
statement
B -
explanation
C -
terms
D -
report
8-
Have you got a ......... estate agent to help you sell your house yet? If not, I have a great one to recommend. She got our house sold in no time and for a good price.
A -
property
B -
acre
C -
lot
D -
real
9-
How much is your monthly......... for this place? It must be a lot; your house is really nice and you have a huge yard.
A -
credit
B -
token
C -
payment
D -
reduction
10-
I just took out a home equity......... to renovate our kitchen and bathroom. I have read many articles that lead me to believe that one can receive the greatest rate of return on kitchen and bathroom renovations.