Real Estate Glossary: V
Valuation The act or process of assessing value or price of a property through an appraisal. Variable Interest Mortgage A mortgage product where the interest rate can change or vary […]
Valuation The act or process of assessing value or price of a property through an appraisal. Variable Interest Mortgage A mortgage product where the interest rate can change or vary […]
“Action will lead you forth to the successes you desire.” – George S. Clason The Real Flow of Wealth When I was younger my family owned ten acres of […]
Waiver The deliberate and voluntary relinquishment or surrender of a claim, right, or privilege. Walk-through The buyer’s final inspection of a property which is being purchased is called a walk-through. […]
“Your greatest asset is your earning ability. Your greatest resource is your time” – Brian Tracey. As I started focusing more and more on my personal finances and on building […]
Year-End Statement A mortgage summary or report that is sent to the borrower at the end of each year. The statement shows the amount of taxes and interest paid on the […]
Get Me Out of Here! “There’s not a chance we’ll reach our full potential until we stop blaming each other and start practicing personal accountability.” – John Miller Arrogance I […]
Zero Balance When the outstanding balance on a credit card is paid and no new charges are incurred during the billing cycle, the card holder’s monthly statement shows a zero […]
“Yearn to understand first and to be understood second.” – Beca Lewis Why? Once you have a firm grip of your finances and know where you are going with your […]
Just a note of a personal nature describing the Montreal housing market. I think that prices have clearly increased too much, too fast. We have to ask ourselves why home […]
“If you know how to spend less than you get, you have the philosopher’s stone.” – Benjamin Franklin Cost Now that we have a direction. We need to create the […]