REAL ESTATE GLOSSARY


V


VA (Department of Veterans Affairs): a federal agency, which guarantees loans made to veterans; similar to mortgage insurance, a loan guarantee protects lenders against loss that may result from a borrower default.

VA Mortgage: a mortgage guaranteed by the Department of Veterans Affairs (VA).

Variable Expenses: Costs or payments that may vary from month to month, for example, gasoline or food.

Variance: a special exemption of a zoning law to allow the property to be used in a manner different from an existing law.

Vested: a point in time when you may withdraw funds from an investment account, such as a retirement account, without penalty.


 
 
For more information contact
 
Tracy O'Kane
 
REALTOR, GRI, ABR, SFR
 
Cell: (952) 956-2420 - Fax: (612) 767-5784
 
 
 

Keller Williams Realty Integrity Lakes
 
1350 Lagoon Ave, Suite 900 Minneapolis, Minnesota 55408
 

Each office is independently owned & operated.

Tracy O'Kane is a licensed REALTOR in the state of Minnesota with Keller Williams Realty Integrity Lakes


Copyright 2006 Keller Williams Realty Integrity Lakes, All Rights Reserved.

The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.


 

 



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