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Real Estate Dictionary: Moreno Valley, Perris and Sun City California home buying, real estate listings, and homes for sale in Riverside County, CA

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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Alexandra Noriega, REALTORŽ, real estate agent and broker for Moreno Valley, Perris and Sun City California home listings, property and land for sale - NUMBER1EXPERT(tm)

Alexandra Noriega
Prudential California Realty
12125 Day St, E301
Moreno Valley, CA 92557
2901 W. MacAurthur Blvd, Santa Ana, CA 92704
Phone: 951-295-8220
Fax: 909-382-9910
Email: socaldreamhome@yahoo.com
Email: morenovalleyreo@yahoo.com
I am passionate about my career and would love to go to work for you! For over 20 years real estate has been my career. I have been a key player in Commercial, Investment, Construction and Residential transactions. The diversity of my experience has honed my many skills to assure you a smooth transaction; buying, selling, investing or exchanging. In addition to a BS degree in Business Administration, I have continued to enhance my real estate skills with education in many areas such as finance, marketing and technology, earning many awards and nominations. The Real Estate Industry has seen significant changes in the past several years and it is important to me to be on the leading edge of these changes. I take pride in my professionalism and in delivering excellent, personalized service to my clients. In addition, I enjoy volunteering to help the community in any way I can. If you have any questions or concerns, just give me a call.

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