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Welcome > Resources > Real Estate Dictionary - A
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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 |
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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 |
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Unsecured loan |
A loan that is not guaranteed by
collateral |
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Usury |
The act of charging more than the maximum rate
of interest permitted by law |
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Working With An Agent >Real Estate Agent Referrals
It takes time for real estate agents to build a business. Since a lot of our success depends on referrals from satisfied buyers or sellers, we work hard to exceed your expectations for service.
If a real estate agent has done a superb job of selling your house or finding you a new one, the best way to say "thank you" is to give that person's name (and phone number!) to anyone you know who is considering a move. You are not only doing the agent a favor, you are also directing your friends to a competent, knowledgeable and experienced salesperson. Buying a house or condo can be a little scary if you don't have a strong professional guiding you through the process. Real estate agents try extra hard to please referrals of friends or pleased customers. We are in the business for the long term and prosper by giving consistently high quality service.
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| Q |
Fewer than 2 percent of homeowners build this type of home:
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| A |
Fewer than 2 percent build a custom home; most buy an older home or select from a home builder's menu. |
See More Real Estate Trivia > |
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Ursula Dahle Keller Williams Realty Platinum Partners 220 Heritage Walk, Suite 101 Woodstock, GA. 30188 Direct: 678-569-4044 Main Office: 678-494-0644 Fax: 678-484-4044 Direct Fax: 678-484-4044 Email Ursula: ursula@callursula.com Email Renee: renee@reneepruitt.com
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