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Real Estate Dictionary: Wake Forest, Cary, Raleigh and Research Triangle Park North Carolina home buying, real estate listings, and homes for sale in Wake County, NC

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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Dean Weaver-Mueck, REALTOR®, real estate agent and broker for Wake Forest, Cary, Raleigh and Research Triangle Park North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Dean Weaver-Mueck
RE/MAX Capital Realty
1520 Glenwood Ave.
Raleigh, NC.27608
Local Phone: 919-601-4200
Fax: 919-449-2441
TOLL FREE: 1-866-315-DEAN (3326)
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Dean's experience, knowledge and energy provide her with the dedication to give you the excellent service you deserve from a Raleigh Realtor. Her foundation in sales, marketing and management has helped her understand the needs of her clients. She understands the complicated demographics of the Raleigh/Research Triangle Park area market. Her goal is your satisfaction through all aspects of the real estate transactions, making your Raleigh real estate experience pleasant in every possible way and provide you the time and attention you will need to ensure you are comfortable with your real estate decision. Please feel free to contact her at any time to discuss your Raleigh Area real estate needs.

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