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Real Estate Glossary of Terms

Begins with Contains Exactly matches

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V
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Term Definition
V.A. Loanhome loan guaranteed by the U.S. Veterans Administration under the Servicemen's Readjustment Act of 1944 and later to compensate lender in the event of default.
 
ValuationThe estimated worth or price. The act of valuation by appraisal.
 
Variable Interest Rateamount of compensation to a lender that is allowed to vary over the maturity of a loan, typically governed by an appopriate index.
 
Variable Rate Mortgagelong-term mortgage loan applied to residences, under which the interest rate may be adjusted on a six month basis over the term of the loan, according to certain restrictions.
 
Vendeea buyer of real estate.
 
Vendee's Liena lien against property under a contract of sale to secure the deposit paid by the purchaser.
 
Vendora seller of real estate.
 
Veneerwood or brick exterior that covers a less attractive and less expensive surface.
 


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