 Compare three mortgages
at one time. Download TripleCalc now. It's free. |
|
|
 If you know of someone in Mortgage Distress, click on the logo above
|
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
Did I Miss the Word YOU Are Looking For? Is there a real estate word that I failed to explain here in my dictionary for homebuyers and sellers? Let me be your personal real estate dictionary! I'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let me know! I always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let me know! I'm happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly...
| Q |
What is the longest construction time for a private residence?
|
| A |
The Winchester House in San Jose, CA, was under construction for over 38 years. |
 See More Real Estate Trivia > |
|
|
Chuck Wartman
RE/MAX Properties, Inc.
1740 Chapel Hills Dr.
Colorado Springs, CO 80920
Office: 719-231-5525
Fax: 719-598-9308
chuckwartman@NUMBER1EXPERT.com
Hello! My goal is to build trusting relationships with my clients so they understand I am behind them throughout the entire process. I believe that hard work, open communication and dedication are they key ingredients in being successful.   
www.ChuckWartman.com
is brought to you by Chuck Wartman
Real estate agent(s) for Colorado Springs, Falcon and Fountain, Colorado
Read Chuck Wartman's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
