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Real Estate Dictionary: Cedar Park, Round Rock and Austin Texas home buying, real estate listings, and homes for sale in Travis County, TX

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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Lisa Goldin, REALTORŽ, real estate agent and broker for Cedar Park, Round Rock and Austin Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Lisa Goldin Properties a GCM Holdings INC. company
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Lisa Goldin Properties, GCM Holdings Inc., REALTORŽ, a full service real estate company, provides positively GOLDIN results in all market conditions, with over 100 million in home sales 2006 & 2007. Lisa Goldin Properties assist hundreds of home buyers and sellers each year and is certified as a Womens Business Enterprise, certified as a HUB. Specializes in selling homes, lofts, condominiums, townhouses, garden homes, new construction homes, custom homes, resale homes and duplexes in Austin, Central Austin, Downtown Austin, Westlake, Round Rock, Cedar Park, Dripping Springs, Lakeway, and all surrounding areas. Lisa Goldin, Broker/Director, GRI, ABR is a true Austin native with over 20 years experience. Lisa and her team are leaders in the real estate industry. Call The real estate team that cares about you and your real estate future.

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