A B
C D
E F
G H
I J
K L
M N
O P
Q R
S T
U V
W X
Y Z
V
|
VA guarantee |
An insurance contract for which the Veterans
Administration (VA) guarantees the lender's recovery of a designated percentage
of the loan amount from the insurer in the event that the borrower defaults on
the loan |
|
VA loan, or Government
mortgage |
A mortgage loan available to qualified military
veterans which is guaranteed by the Department of Veteran Affairs, usually
offering either no down payment or a low down payment |
|
Valuation |
The estimated of value of a
property |
|
Variable rate mortgage, or Adjusted rate
mortgage |
A mortgage with interest rates that may
fluctuate based on market conditions |
|
Verification of Deposit |
A statement signed by the borrower's financial
institution that verifies the current balances in the borrower's
accounts |
|
Verification of
Employment |
A statement signed by the borrower's employer
that verifies the borrower's current position and salary |
|
Vest |
To pass an immediate right on to a
person |
|
Vested |
Having the right to withdraw a percentage of a
fund before its agreed-upon maturity date; e.g., the percentage vested to
individuals with retirement funds differs; if someone is 80% vested, that means
they can only withdraw 80% of the funds set aside for them until its
maturity |
|
Department of Veterans Affairs
(VA) |
A federal agency that insures residential
mortgages made to eligible military veterans, which thereby encourages loans
being made to veterans |
A B
C D
E F
G H
I J
K L
M N
O P
Q R
S T
U V
W X
Y Z
Did We Miss the Word YOU Are Looking For? Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let us know! We always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...
| Q |
What amenity do 48% of all homes in the new housing market have?
|
| A |
48% of all newly-constructed homes now have 2 1/2 baths or more, up from 1985 when only 29% had more than 2 baths.
|
 See More Real Estate Trivia > |
|
|
Ron and Bev Hollenbeck
RE/MAX First Advantage
1110 Center Parkway, Suite A
Kennewick WA, 99336
Phone #: 509-430-3231
Fax: 509-735-9755
Email: RonHollenbeck@remax.net
Honest. Dedicated. Sincere. We are Real Estate Professionals with experience helping our clients realize their real estate goals in a constantly changing, sometimes confusing industry. Whether you are relocating to the Tri-City area or have been a resident for a while, whether you are searching for a home or investment property, we want to partner with you to help you market, sell, and/or buy a home. You can depend on us to respect your wishes, protect your privacy, and ultimately facilitate a timely, smooth transaction. We look forward to hearing from you.   
www.RonHollenbeck.com is brought to you by
Ron and Bev Hollenbeck
NUMBER1EXPERTS™ in real estate for
Kennewick, Richland and Pasco, Washington, Acreages, New Construction Read Ron and Bev Hollenbeck's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
|
NUMBER1EXPERT™
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed. |
- NUMBER1EXPERTS™ 
