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

Real Estate Tips Bargain Properties >The Inspection Report Are you looking for a home and becoming tired of house-hunting? If so, you may be tempted to buy a bargain-priced home "as is" and forego the home inspection. But without the inspection report, do you know what the "as it" refers to? Wouldn't it be better to know what condition the home is in before you buy it? The inspection contingency allows the buyer to enlist the services of a licensed home inspector within three to seven days after the purchase agreement is signed. The inspector will go over the property from top to bottom, evaluating the condition of all the basic systems and structures of the home in order to identify conditions that may be considered material defects and thus may affect the market value or the safety of the home. The inspector's report is the only documented proof of the actual condition of the property that is being sold. It is a valuable tool that helps you negotiate the sales contract and gives you information about future maintenance projects. The cost of an inspection is well worth the peace of mind it provides. See All Tips In The "Bargain Properties" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories > Real Estate Trivia Q  Which metropolitan area in America currently offers the most affordable market in which to buy new homes? A  The housing market in Youngstown, Warren and Boardman, Ohio is currently the most affordable metro area in the U.S. See More Real Estate Trivia >

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Roxanne DeBerry Keller Williams Realty-Plano 3608 Preston Rd. Ste. 230 Plano, TX. 75093 Agent Phone: 214-676-8040 Voice Mail: 972-733-9250 Office Phone: 972-943-7377 Email: rdeberry@realtor.com Roxanne DeBerry has over 20 years of real estate experience in Dallas and Collin county. She is committed to staying on top of the real estate market at all times through continued growth and state of the art technology. Call Roxanne DeBerry today! Her professional team will give you that personal touch in your real estate needs! For true professional results in buying or selling real estate, put the 3R's to work for you: Roxanne + Real Estate = Results www.roxannedeberry.com is brought to you by Roxanne DeBerry, real estate for Allen, Plano and North Dallas, Texas Read Roxanne DeBerry's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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