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Real Estate Dictionary: Scottsdale, Central Phoenix and Paradise Valley Arizona home buying, real estate listings, and homes for sale in Maricopa County, AZ
Welcome > Resources > Real Estate Dictionary - A

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

V

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

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



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The Turk Team, Keller Williams Platinum Realty, real estate agents and broker for Scottsdale, Central Phoenix and Paradise Valley Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

The Turk Team
Keller Williams Realty Platinum

2920 E. Camelback Road #100
Phoenix, AZ. 85016
Cell: 602-369-0007
Office: 602-553-4347
Fax: 602-553-4409
Email: BradTurk@NUMBER1EXPERT.com

As a Phoenix native and lifetime resident Brad Turk's knowledge of the area and local community is one of his strongest assets. Brad has built a solid reputation for success by understanding what home really means. If you asked a group of people to define what home means to them, you might be surprised at their answers - they would be as diverse as the people themselves. Home means different things to different people - it's where you live your life, nurture your dreams, and reap the rewards of a lifetime of hard work. But one thing does remain the same - how you find that home does make a difference. DELIVERING RESULTS IS WHAT IT'S ALL ABOUT! Helping clients achieve their dreams sets The Turk Team apart from the rest. In addition to being honored with several local and regional awards, you can find Brad Turk and The Turk Team in the pages of Real Trends Magazine ranked in the top 1% of the nation's most successful agents. Handling every detail with ease and expertise, Brad's successful real estate transactions are the result of strong negotiating skills, market knowledge and indsutry experience. Add innovative marketing, fresh concepts, and a genuine understanding of the real estate process, and you will quickly see why Brad Turk and The Turk Teamconsistenly deliver results that exceed client expectations. BOTTOM LINE IS THAT YOU HAVE A CHOICE! Buying or selling a home is both a financial and emotional investment and it means a great deal more that simply moving furniture. It's moving memories, and it means new places and new dreams. Brad Turk and The Turk Team understand this and our philosophy is grounded on old- fashioned values and exceptional service. Brad's solid reputation for success is the result of knowledge and skill, along with an uncompromising commitment to be the very best. Honest, passionate and dependable, Brad Turk and The Turk Team are the consummate real estate professionals who can handle all of your real estate needs. Whether you're moving around the corner or across town, if it's time to move on with your life...it's time to call The Turk Team.

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