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Real Estate Dictionary
Welcome > Resources > Real Estate Dictionary - A

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



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Real Estate Trivia
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What U.S. state is home to the world's richest woman?

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Alice Walton, daughter of WalMart's founder and heiress to $16.5 billion, lives on a ranch in the state of Texas.
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The Dubinsky Group, REALTORŪ, real estate agents and broker for Westlake Village, Agoura and Malibu, California home listings, property and land for sale

The Dubinsky Group
RE/MAX

22631 Pacific Coast Highway, #173
Malibu, CA 90265
Direct: (310) 488-5910
Cellular:: (805) 444-7044
Email: MalibuDreamEstates@gmail.com

Maia Dubinsky is a licensed real estate Broker with over 22 years of experience in the business. She is proud to have been inducted into the RE/MAX Hall of Fame and consistently achieved the Platinum Club award, one of the highest honors within the RE/MAX system. Maia's track record of success is clear evidence of her dedication and commitment to delivering outstanding results for her clients. Maia also holds a Bachelor's Degree in Business Administration and several financial licenses. This only adds to her knowledge and credibility as an expert in the field of real esate financing and investing.

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