WEEKLY MARKET REPORT: BUYER'S BEWARE. OUR MARKET IS HEATING UP... Units are beginning to sell & Foreclosures are hot right now! Season is coming!

Sign Up For Our eNewsletter, FREE!
There are always important changes happening in the Sarasota real estate market! These changes can affect YOU. See what we have to say about it...
Find Out More >
View All Offers >

"Sold Our Home Fast!"
"The fact that we had two signed contracts on the house in the first week..."
Shirley and John Darrison
Read Quote >
View All Quotes >

Joe & Missy and Sandy & Joe Cleary are some of The Top Selling Real Estate Experts™
Find Out More >

Real Estate Dictionary: Sarasota, Venice, Bradenton, Longboat Key and Siesta Key Florida home buying, real estate listings, and homes for sale in Sarasota County, FL

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 >

Home Mortgage Consultant
Cornerstone Lending(Dan Crowley)
Find Out More >
View All Affiliates >

Joe & Missy and Sandy & Joe Cleary, REALTORŽ, real estate agents and broker for Sarasota, Venice, Bradenton, Longboat Key and Siesta Key Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Joe & Missy and Sandy & Joe Cleary
RE/MAX Alliance Group
2000 Webber Street
Sarasota, FL 34239
Office: 941-954-5454
Toll Free: 1-877-814-1233
Direct: 941-316-6546
Fax: 941-954-5455
Joe Jr.'s Cell Phone: 941-650-8485
Email: joe@theclearygroup.com
Hello! We are The Cleary Group of RE/MAX Alliance Group in sunny Sarasota, Florida. We also serve Siesta Key, Pelican Cove, Bradenton, Venice, Longboat Key, and Lido Key, and have been selling in this area for over 35 years! We specialize in residential and condominium sales on the mainland and The Keys of Sarasota, Florida. Our high tech approach to the business enables us to keep close contact with our clients and to constantly learn new marketing techniques for our listings. We particularly enjoy working with people who are relocating to the area for retirement or those who are just starting new careers in this lovely community. Please call us toll free 1-877-814-1233 or email us today at joe@theclearygroup.com.

www.theclearygroup.com is brought to you by Joe & Missy and Sandy & Joe Cleary
NUMBER1EXPERTS™ in real estate for Sarasota, Venice, Bradenton, Longboat Key and Siesta Key, Florida

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