An association in the United States, where all real estate salespeople are obligated to be members of to trade in real estate. All real estate boards in different regions are also members. The body helps regulate the industry and sets…
For most people, their home will be the most expensive thing they ever buy, so at first glance the quote below makes sense.
An agency of the United States Federal government that guarantees residential mortgages provided to veterans. The guarantee provides a form of ‘insurance’ to a lender and thus, encourages them to provide loans to those in this demographic.
A type of mortgage that is guaranteed by the Department of Veterans Affairs (VA).
A proxy who holds/controls a property for the benefit of another individual/company.
A federal law that requires lenders to fully disclose, in writing, the terms and conditions of a mortgage, including the annual percentage rate (APR) and other charges.