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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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Connie Jo Boyte, REALTORŪ, real estate agent and broker for Holden Beach and Brunswick County, North Carolina home listings, property and land for sale - NUMBER1EXPERT

Connie Jo Boyte
Coastal Development and Realty

131 Ocean Blvd. West
Holden Beach, NC. 28462
1-800-262-7820
910-842-4939
Fax: 910-842-9240
Email: connieboyte@NUMBER1EXPERT.com

From 1986 to the present I have worked on the island of Holden Beach, NC in the real estate market. I have a lot of enthusiasm for my business and have made some wonderful friends over the years. Second home investment is my speciality. Over the years many of my clients have bought, sold and bought on the island, again, enjoying the thrill of making money on their investment and at the same time having "their place at the beach". Won't you let me help you?

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