All agents are NOT alike! Find out why we are top real estate experts. Call us:

972-899-5600

Sign Up For Our eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Find Out More >
View All Offers >

Wonderful Experience
"The entire process has been seamless."
-Russell & Vicki Johnson
Read Quote >
View All Quotes >

Compare three mortgages at one time. Download TripleCalc now. It's free.

Find Out More >
Download Now >

The Rhodes Team are some of The Top Selling Real Estate Experts™
Find Out More >

Real Estate Dictionary: Flower Mound, Plano and Frisco Texas home buying, real estate listings, and homes for sale in Denton and Collin 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

Did We Miss the Word YOU Are Looking For?

Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'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 us know! We always appreciate feedback.

Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we 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 >
We Guarantee Your Privacy >
Free & Without Obligation >

Coming Soon
Find Out More >

The Rhodes Team, REALTORŽ, real estate agents and broker for Flower Mound, Plano and Frisco Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Rhodes Team
Keller Williams
3204 Long Prairie Road, Suite C
Flower Mound, TX 75022
18383 Preston Rd. #150 Dallas, TX 75252
Tel: 972-899-5600
Toll-free: 800-356-6659
Fax: 972-380-7971
Email: russellrhodes@NUMBER1EXPERT.com
Verna and Russell are a mother and son duo who have combined forces to provide superior services to their clients throughout Flower Mound, Lewisville, Coppell, Carrollton, Frisco, Plano, The Colony, Grapevine, Southlake, Argyle, Lantana, Double Oak, Highland Village, Corinth, Bedford, Euless, Corinth, Little Elm, Denton, Dallas, Trophy Club, Richardson, Allen and surrounding areas. They have over 30 years of combined experience and have sold over 2400 homes. Russell is dedicated to running the business in a way that pleases and brings honor to God. Their group, The Rhodes Team, is comprised of eleven licensed agents and two non-licensed members whose goal is to assist their clients with a servants heart. They are committed to providing first class service before, during and after the sale. They will be there when you need them. ALWAYS!

Allen, Argyle, Bedford, Carrollton, Coppell, Corinth, Dallas, Denton, Double Oak, Euless, Flower Mound, Frisco, Grapevine, Highland Village, Lantana, Lewisville, Little Elm, Plano, Richardson, Southlake, The Colony, and Trophy Club.

*Each office is independently owned and operated.

www.TheRhodesTeam.com is brought to you by The Rhodes Team
NUMBER1EXPERTS™ in real estate for Flower Mound, Plano and Frisco, Texas

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