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 Yes, with all the doom and gloom headlines, it's hard to believe. But in fact, it's the best time to buy a house in the last 14 -15 years.... Find Out More > |
 $50,000, $60,000 over asking? Sell in 14 days? No, that's not a pipe dream in this market. If, that is, you pick the right agent!
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"We had looked for 2 years with other agents." "Two years,100 houses, 2 agents, 10 offers .. without success. And then we met Barbara." Eddie and Alexis Kleinhans Read Quote > View All Quotes >
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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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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. Fill out the form below for a quick response from me by email. It's free, without obligation, and I guarantee your privacy.
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 "We touched bottom. Get out your shorts. The real estate market that went into hibernation 2 1/2 years ago just opened its eyes..."
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 I made my first move to the East Bay about 9
years ago straight from a great neighborhood in San Francisco. My friends
thought I was crazy to leave San Francisco. But there was something alluring
about the grass and trees and flowers of the East Bay. Find Out More
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