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Real Estate Dictionary: Fort Lauderdale, Weston and Coral Springs Florida home buying, real estate listings, and homes for sale in Broward County, FL

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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Lynne Knapp, REALTORŽ, real estate agent and broker for Fort Lauderdale, Weston and Coral Springs Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Lynne Knapp, RealtorŽ MDC
ReMax Consultants Realty 1 (Southeast Florida)
1625 SE 17th Street Causeway
Fort Lauderdale, FL 33316
(Builder-Developer Representative)
Cellular: (954) 647-5335
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Email: LynneKnapp@LynneKnapp.com
New Construction, Resale, Relocation Experience for over 18 years, Providing Residential and Commercial Services to Domestic and International Clients. Residential Development Sales Management. Acreage, Condominiums, Lofts, Luxury Estates, Penthouses, Single Family Homes, Townhomes, Villas.

Serving the Gold Coast (Southeast Florida), Broward County
Palm Beach County, Miami-Dade County
Real Estate Home Buying and Selling Needs.

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