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Real Estate Dictionary: Vancouver, Camas and Battle Ground Washington home buying, real estate listings, and homes for sale in Clark County County, WA

Welcome > Resources > Real Estate Dictionary - A

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

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Lori Anderson-Benson, REALTOR®, real estate agent and broker for Vancouver, Camas and Battle Ground Washington home listings, property and land for sale - NUMBER1EXPERT(tm)

Lori Anderson-Benson
RE/MAX Equity Group Realtors Inc.
1301 SE Tech Center Drive, Suite 150
Vancouver, WA. 98682
Mobile: 360-241-0199
Office: 360-256-5733 ext. 2087
Toll Free: 800-867-5733 ext. 2087
Fax: 360-256-6554
Email: andersonbenson@NUMBER1EXPERT.com
I have been helping people realize their dreams for the last 20 years in Clark County. I have taken many courses such as E-Pro, Certified Luxury Home Marketing Specialist, Short Sale Specialist Boot Camp, Negotiation, Marketing, and the Certified Residential Specialist classes so that I can be the best realtor possible when working for you. A home may very well be the largest and most important purchase you ever make, like I always say, "it is not a sweater that doesn't fit right and you can return to the store." It needs to be the right fit at the right time. I love to help you find that right fit for you and your family.

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