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Real Estate Dictionary: Yardley, Newtown, Upper Makefield and Doylestown Pennsylvania home buying, real estate listings, and homes for sale in Bucks County, PA

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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Debbie Spaulder, REALTOR®, real estate agent and broker for Yardley, Newtown, Upper Makefield and Doylestown Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

Debbie Spaulder
Prudential Fox and Roach, REALTORS
1010 Stony Hill Road Suite 150
Yardley, PA. 19067
Phone : 215-504-7500
Direct: 215-504-7573
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Email: DSpaulder@PaDreamHomes.com
Expect More . You Deserve It! I am committed to exceeding your expectations each and every day. As a Bucks County homeowner for 20 plus years, I can provide whatever area and lifestyle information you require to help with your decision. As a top-selling corporate sales professional for more than 15 years, I can assist you with top-notch negotiating, pricing, and financing skills. This helps deliver a home-buying or home-selling experience with maximum results and no regrets. I will work hard to earn your business and I look forward to providing you personal attention and superior service.


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