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 does the common acronym FSBO (pronounced fizzbo) stand for?
|
| A |
For Sale By Owner. (Between 85 to 95% of existing homes are sold with a Realtor's help.)
|
 See More Real Estate Trivia > |
|
|
Marion Filley Team Advantage
Prudential CT Realty
101 Old Ridgefield Road, Suite 115
Wilton, CT. 06897
Phone: 203-762-4221
Fax: 203-286-2525
Email: marionfilley@NUMBER1EXPERT.COM
When you are making one of the most important decisions of your life, you want a professional who is committed to excellence. Marion believes there is much more to excellent service than getting you the best price for your house or finding exactly what you are looking for in a home. Marion works tirelessly to not only meet your needs, but exceed your expectations.
Prudential Connecticut Realty
www.marionfilley.com is brought to you by
Marion Filley Team Advantage
NUMBER1EXPERT™ in real estate for
Wilton, Ridgefield and Westport, Connecticut Read Marion Filley Team Advantage'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. |
- NUMBER1EXPERT™ 
