Vacancy Rate

The vacancy rate is the percentage of vacant units in a rental property, like an apartment building. A low vacancy rate indicates strong rental interest, while a high vacancy rate can mean that units are not renting well.

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Veterans Affairs (VA) Loan

The Department of Veteran Affairs (VA) offers these special mortgages to veterans of the U.S. military. Active-duty members of the Army, Navy, Air Force, and other branches of the military typically become eligible for these loans after six months of service. One thing to explain to any military members whom you serve is that only certain […]

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VA mortgage

Service members, veterans, and eligible surviving spouses can receive home loan guarantees provided by private lenders. The Department of Veteran’s Affairs guarantees a portion of the loan, which leads to more favorable terms for the borrower. Whether you’re a buyer, seller, or realtor, it’s important to stay up to date on current real estate trends and market […]

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Voice mail

A telephone message system where voice messages can be retrieved directly or from a remote location.

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Vacate date

The date on which the seller (transferee) vacates the property (generally the date when responsibility for property expense by the transferee ends) and the third-party company assumes ownership for the property through a buyout.

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