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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
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What Pasadena, California house was the movie home of the eccentric "Doc" Brown in the 1989 film, "Back to the Future"?

A 
The famous Gamble House, a landmark of Craftsman architecture, is now open to the public for tours.
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Bo Longgrear, REALTOR®, real estate agent and broker for Richmond Hill, Savannah and Hinesville Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)

The Bo Longgrear Team
Keller Williams Coastal Area Partners

128 Frances Meeks Way Suite 17
Richmond Hill, GA. 31324
912-756-6602
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