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Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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"Her performance in successfully selling our home" "Her professionalism, salesmanship, and marketing ideas were exemplory" "Brad J. Shoptaw" Read Quote > View All Quotes >
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C.L.U.E. Home Seller's Disclosure Report The first step when selling your home! Find Out More >
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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 |
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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 |
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Valuation |
The estimated of value of a
property |
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Variable rate mortgage, or Adjusted rate
mortgage |
A mortgage with interest rates that may
fluctuate based on market conditions |
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Verification of Deposit |
A statement signed by the borrower's financial
institution that verifies the current balances in the borrower's
accounts |
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Verification of
Employment |
A statement signed by the borrower's employer
that verifies the borrower's current position and salary |
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Vest |
To pass an immediate right on to a
person |
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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 |
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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 |
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Did I Miss the Word YOU Are Looking For? Is there a real estate word that I failed to explain here in my dictionary for homebuyers and sellers? Let me be your personal real estate dictionary! I'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 me know! I always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let me know! I'm happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly...
| Q |
Which home is #1 on the Top 10 list for most-visited Historic Home in the United States?
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| A |
Graceland, the palatial home of Elvis Presley in Memphis, TN, attracts 600,000 visitors a year. |
See More Real Estate Trivia > |
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Nicky Dou - Serving Northwest Arkansas and You! Century 21 Exclamation Realty 5206 Village Parkway, Suite 10 Rogers, AR 72758 Cell: 479.236.3457 Fax: 866-888-0955 Nicky@NickyDou.com
Nicky Dou is America's NUMBER1EXPERT in Northwest Arkansas. Nicky services Fayetteville, Bentonville, Rogers, Lowell, Springdale, Bella Vista, Beaver Lake, and all surrounding areas in Northwest Arkansas. She continues to be at the top of sales in Arkansas and is a native to the area. Nicky is anything but ordinary when it comes to marketing a property. She is an out-of-the-box thinker and utilizes technology and creativity in everything she does.
Nicky offers the highest level of service and dedication - Let Nicky make YOU her Number 1 Client! Nicky Dou, Sr. Vice President, Executive Broker Century 21 Exclamation Realty. e-PRO, EcoBroker, AHS (Home Staging Specialist) 
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NUMBER1EXPERT
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All rights reserved. All information deemed reliable but not guaranteed.
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