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Real Estate Dictionary: Mobile, Point Clear and Baldwin County Alabama home buying, real estate listings, and homes for sale in Mobile County, AL

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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Pam Middleton, REALTORŽ, real estate agent and broker for Mobile, Point Clear and Baldwin County Alabama home listings, property and land for sale - NUMBER1EXPERT(tm)

Pam Middleton
Dauphin Realty
2569 Dauphin Street
Mobile, Alabama 36606
Office: 251-479-1314
Cell: 251-401-3155
Fax: 251-471-3676
Toll: 800-844-7808
Email: PamMiddleton@NUMBER1EXPERT.com
Welcome, I am Pam Middleton of Dauphin Realty. I am America's NUMBER 1 EXPERT for Mobile and Baldwin Counties, Point Clear, Fairhope, Daphne, Montrose, Spanish Fort, Gulf Shores, Orange Beach, Fort Morgan, Ono Island, Dauphin Island real estate, including new construction,condos, highrises, historic homes, waterfront, investment and commercial real estate. My designations are GRI,CRS,ABR,e_PRO

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