Jennifer Rice is one of The Top Selling Real Estate Experts™
Find Out More >

Real Estate Dictionary: Mandeville, Covington and Folsom Louisiana home buying, real estate listings, and homes for sale in St.Tammany Parish, LA

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

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...

	About You
* Your Name:
* Your Email Address:
Your Street Address:
City:
State:
Country:
Zip/Postal Code:
Phone:
	Additional Info
Ask Your Question Here!
Send Latest Listings:
Send Latest News:

*Please note that fields marked with an asterisk are required.

Quick Response Guarantee >
I Guarantee Your Privacy >
Free & Without Obligation >

Jennifer Rice, REALTORŽ, real estate agent and broker for Mandeville, Covington and Folsom Louisiana home listings, property and land for sale - NUMBER1EXPERT(tm)

Jennifer Rice
ERA Stirling Properties
Innisfree Office
729 E. Boston St., Covington, La. 70433
Cell: 985-966-1321
Innisfree, LLC. Office: 985-892-1478
ERA Stirling Properties: 985-626-5687
Fax: 985-246-6467
Danielle Fournier : 985-966-1320
Email: jenniferrice@NUMBER1EXPERT.com
Email: jenniferrice@stirlingprop.com
Jennifer Rice is your NUMBER1EXPERT in New Orleans, Mandeville, Abita, Covington, Madisonville, and Folsom, Louisiana. She specializes in waterfront, equestrian and estate properties all over St.Tammany Parish. Call Jennifer to find or list the home of your dreams. Each ERAŽ Office is Independently Owned and Operated. Ž and SM are licensed trademarks of ERA Franchise Systems, Inc. Equal Housing Opportunity.

jenniferrice.net is brought to you by Jennifer Rice
NUMBER1EXPERT™ in real estate for Mandeville, Covington and Folsom, Louisiana, equestrian, waterfront, estate properties

Read My Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge