Quiz: The Home Ownership Quiz
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The Home Ownership Quiz
By: Lauren Lubas
Image: Wakila / E+ / Getty Images

About This Quiz

Owning your own home can be a little stressful, but you love the thought of having a piece of land and a structure to call your own. Unlike renting (even renting a home), there are many elements of owning a home that you have to be prepared for before you dive in. Even if you think you are ready for all of the bills that need to be paid and the repairs that need to be done, there may be many things you aren't taking into consideration. With the thought of all the major elements of your home that you have to maintain as well as the costly repairs that are incorporated into home ownership, you may be feeling that owning your own home isn't nearly as wonderful as it sounds.

However, home ownership is a great way to build your credit, root your family, and even make money, even if there are things for which you need to be prepared. There are many pros and cons to owning a home, and after weighing them out, you have decided that owning is right for you and your family. If you think you're ready to own your own home, take this home ownership quiz to see if you have what it takes.

1 of 35
Which of these is NOT a heat source for your home?
2 of 35
When purchasing a home, who is usually responsible for the down payment to the loan company?
3 of 35
9 of 35
There is a thin crack in your ceiling that wasn't there yesterday. There doesn't appear to be any other damage. What do you do?
10 of 35
You turned on your light. The light bulb flickered and popped, then it was dark. What do you do?
11 of 35
What is the stuff that holds the tiles to your bathroom wall called?
12 of 35
Your dryer doesn't work anymore, and you don't have a manufacturer's warranty. Who is the first person you call?
13 of 35
Which one of these does your home warranty NOT cover?
14 of 35
How often should you change your air filter?
16 of 35
What do you need to properly maintain your water softener?
17 of 35
Which of these is NOT an area of your home that you have to clean?
18 of 35
How often should you clean your washing machine?
19 of 35
How often do you receive mortgage statements?
20 of 35
Which of these is NOT a bill homeowners generally have to pay.
21 of 35
What is the cement area on the bottom of the home generally called?
22 of 35
There is a big brown spot on your ceiling. What is it?
23 of 35
The first time you turn on your furnace in the winter, it smells funny to you. What should you do?
24 of 35
Your backyard is slanted toward your house. What is this called?
25 of 35
You turn on your microwave while your vacuum is on and all of the power goes out in that area. What has happened?
29 of 35
FHA, VA, and Conventional are all types of what?
30 of 35
How often should you have your dryer vent cleaned?
31 of 35
When a home is sold, who is responsible for starting utility services?
33 of 35
Which of these is not considered a large appliance?
34 of 35
You share a fence with your neighbors and it needs to be repaired. How do you find out who is responsible for the repairs?
35 of 35
What are the five digits at the end of your address known as?
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