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Real Estate Dictionary
Welcome > Resources > Real Estate Dictionary - A

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

U

Underwriting

The process of analyzing a borrower's capability to honor repayment of a loan (evaluating his or her credit, assets, employment) along with the value of the property being purchased, to help minimize the risk involved for the party lending the purchase money

Unilateral contract

A one-sided contract in which only one party is legally under obligation by the terms of the contract; one party promises an action to the second party, who is not legally required to respond, but if the second part does comply, then the first party is obligated to honor the promise made

Unsecured loan

A loan that is not guaranteed by collateral

Usury

The act of charging more than the maximum rate of interest permitted by law

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



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Real Estate Trivia
Q 
Legend has it that when Brigham Young first saw this city in 1847, he exclaimed: "This is the place!"

A 
Salt Lake City, Utah.
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The Folsom Team, REALTOR®, real estate agent and broker for Dallas/Ft. Worth and Northeast Tarrant County, Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Folsom Team
Keller Williams Realty

850 E. Hwy 114, Suite 100
Southlake, TX 76092
Direct: 817-442-5443
Toll Free: 877-442-5443
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davefolsom@NUMBER1EXPERT.com

Dave Folsom and The Folsom Team have been assisting home buyers and home sellers in this area for almost 20 years. Their valuable knowledge creates a positive, fun experience with each transaction. Clients often say it was their most successful and pleasant experience. The Folsom Team offers a complete staff of professionals dedicated to personal service, with skilled marketing specialists, buyers agents, a transaction coordinator, and the latest in technology to save you time and money.


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