Va Mortgage Rate
Va Mortgage Rate
Va Mortgage Rate

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Real Estate Terms of the Day for Va Mortgage Rate



BOUNDARIES
The perimeters or limits of a parcel of land as fixed by legal description which is usually a metes and bounds description.

REAL ESTATE
The physical land and appurtenances, including any structures; for all practical purposes synonymous with real property.

JUDICIAL FORECLOSURE
A method of foreclosing upon real property by means of a court supervised sale. After an appraisal, the court determines an upset price below which no bids to purchase will be accepted.

KICKERS
Different types of equity participation a lender may seek as a condition for lending money, such as participation in rentals, profits, or extra interest.

FRONTAGE
The length of a property abutting a street or body of water; that is, the number of feet that "front" the street or water.

ADJUSTMENT INTERVAL
On an ARM loan, the time between changes in the interest rate or monthly payment.

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