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Real Estate Dictionary: Spokane, Spokane Valley and West Spokane Washington home buying, real estate listings, and homes for sale in Spokane 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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The Reiter Group, REALTORŽ, real estate agents and broker for Spokane, Spokane Valley and West Spokane Washington home listings, property and land for sale - NUMBER1EXPERT(tm)

XRE Spokane
Extreme Real Estate & Property Management
1614 W Riverside Ave Ste. 101
Spokane, WA 99201
Office: 509-789-8989
Fax: 509-624-2847
LeeAnn: lareiter@NUMBER1EXPERT.com
Miriam: Miriam@reExtreme.com
LeeAnn Reiter and XRE Spokane-Extreme Real Estate offer an exceptional back ground in Real Estate. We are Multi Million dollar producers who practice what we preach. We believe a high level of knowledge and putting YOUR needs first are key in Real Estate today. It is the objective of me and my team to have superior service and sound solutions to your complex needs. We will market your home utilizing the latest technology and a superb follow-up system. We pride ourselves on maintaining constant communication with our clients, other realtors, and potential buyers. My team and I update our clients consistently with all the activity of their home. I will assist you in obtaining the highest amount of money in the least amount of time with the least amount of hassel. The Reiter Groups well-diversified real estate knowledge will assist you with finding your next dream home or investment property. Our expert experience and proven track record will put you and your family in the community and home and/or with the builder that is right for you. New Construction,"Build your next dream home" Estate Living, investment property, "building a real estate portfolio", houses, duplexes/4-plexes, apartments, Foreclosures & 1031 tax exchanges. XRE Spokane cares about your real estate future. Experience XRE Spokane's turn-key approach to the home selling and buying process!

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