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Glossary of Real Estate terms used by Baja Real Estate Group's website.

There are 367 Real Estate entries in this glossary. Complete with definitions.
Search for Real Estate terms used in Mexico and in the U.S. (regular expression allowed)
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V

Term Definition
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.