All agents are NOT alike! Find out why we are top real estate experts. Call us: 734-459-1234.

Request Our Free Relocation Package!
Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate!
Find Out More >
View All Offers >

Coming Soon!
Read Quote >

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

Find Out More >
Download Now >

Mike & Mary Gladchun are two of The Top Selling Real Estate Experts™
Find Out More >

Real Estate Dictionary: Plymouth, Northville and Canton Michigan home buying, real estate listings, and homes for sale in Gogebic County, MI

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.

Fill out the form below for a quick response from us by email. It's free, without obligation, and we guarantee your privacy.

	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 >

Mike & Mary Gladchun, REALTORŽ, real estate agents and broker for Plymouth, Northville and Canton Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Mike & Mary Gladchun
RE/MAX on the Trail
1000 West Ann Arbor Trail
Plymouth, MI. 48170
Office: 734-459-1234
Toll Free: 800-784-8406
Cell/Pager: 734-358-0700
Fax: 734-459-1292
Email: MikeandMary@NUMBER1EXPERT.com
Nobody sells more real estate in Plymouth than Mike and Mary Gladchun! Why? Probably because we are long-time Plymouth residents who truly care about our clients and are personally available 24x7. Plus we work fluidly as a team & deliver more visibility in the most effective (print & internet) places for our listed properties than any other Realtor. We sell a house every 2.5 days & consistently close $30,000,000+ in sales each year, which places us above 99.75% of all other Realtors. We take pride in having achieved graduate (MBA & MS) degrees and the real estate professions most important professional credentials (Broker, ABR & CRS), as well as for accomplishing the highest (Lifetime Achievement, Hall of Fame, Platinum) awards granted by RE/MAX International. Our clients sum it all up best by saying we are so successful because we actively support our community while always going a step above & beyond other Realtors by blending state of the art technology with personalized service & meticulous attention to detail for every client. Youre sure to net satisfying results when you Experience the Difference that we make. We look forward to meeting you! Mike & Mary Gladchun

www.MikeandMaryGladchun.com is brought to you by Mike & Mary Gladchun
NUMBER1EXPERTS™ for Plymouth real estate MI, Northville real estate and Canton real estate, Michigan, luxury residential, vacant land

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