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Real Estate Dictionary: Narberth, Wynnewood, Bryn Mawr and Merion Pennsylvania home buying, real estate listings, and homes for sale in Montgomery County, PA

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

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Evie Cohen, REALTORŽ, real estate agent and broker for Narberth, Wynnewood, Bryn Mawr and Merion Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

Evie Cohen
RE/MAX Executive Realty
610 Old Lancaster Road
Bryn Mawr, PA. 19010
Main: 610-520-0400
Direct: 610-520-0823
Cellular: 610-574-8800
Fax: 610-717-1711
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Email: eviecohen@remax.net
Evie has lots of information to provide to you about schools, communities, and cultural activities, so take a moment to get acquainted with the ease of the website. With over 25 years of helping people improve their lifestyle, Evie Cohen has established herself as a leading Realtor in the suburban Philadelphia area. Knowing the market place, guiding and counseling clients through the buying and selling process, evaluating the needs of clients and providing a sense of humor and patience to complete a SUCCESSFUL transaction is what Evie Cohen excels at. For you, knowing that almost 98% of Evie's business is repeat or referrral business can insure that Evie knows how to get the job done for YOU with experience and dedication. Evie specializes in residential real estate: condos, homes, townhomes and residential lots. Licensed since 1983, Evie has been awarded many honors in real estate both from the local board of Realtors and RE/MAX International. Among them are the coveted RE/MAX HALL of FAME Award, RE/MAX Chairman's Club Award, RE/MAX Lifetime Achievement Award and RE/MAX Platinum Award. But the most important award Evie receives is a call from a satisfied previous client referring her to someone new. That's what is exciting and challenging, helping someone find their dream home! Maybe you want to be part of that group too! Dont put it offBe in touch! Call or email Evie today!

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