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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 
The smallest of Canada's 1000 Islands shares a name with a fairy tale hero. What is it?

A 
Tom Thumb
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Executive Partners Team, REALTOR®, real estate agents and broker for Pierce County, King County and Thurston County, Washington home listings, property and land for sale - NUMBER1EXPERT(tm)

Executive Partners Team
Realty World Executive Partners

1108 North 6th Street
Tacoma, WA 98403
253-761-3155
Fax: 866-841-5524
vernametzger@NUMBER1EXPERT.com

I am one of the most successful real estate agents in the Puget Sound region. My success comes not just from years of experience, but from my dedication to my clients’ interests. I will listen to your needs and help you find a home that you and your family will love. Whether you are buying or selling your home, I will help you meet your needs affordably in a comfortable environment free from sales pressure.


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