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Real Estate Dictionary: Warner Robins, Perry and Byron Georgia home buying, real estate listings, and homes for sale in Byron, GA

Welcome > Resources > Real Estate Dictionary - A

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

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Diane Childress and The Childress Team, REALTORŽ, real estate agents and broker for Warner Robins, Perry and Byron Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)

Diane Childress and The Childress Team
Golden Key Realty
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Warner Robins, GA 31093
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