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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. 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 |
At the doors of what famous temple do you find yourself when you climb the 'Stairway to Heaven'?
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| A |
The Temple of Heaven in Beijing, China, attracts the local faithful and tourists. |
 See More Real Estate Trivia > |
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Steve Malone
Keller Williams Realty, www.kw.com
Nancy G. McBride, Broker
815 W. King Street
Martinsburg, WV 25401
Office: 304-264-1400
Fax: 304-264-1405
Cell: 304-279-6037
SteveMalone@NUMBER1EXPERT.com
I spent 20 years with IBM before joining Keller Williams Realty in our Martinsburg, West Virginia office. "My time in the IT industry was rewarding; however, I was looking for a career where I could help people more directly. I wanted to feel passionate about my job, and I found it at Keller Williams. Whatever stage of life a person is in, the purchase of a new home is a significant event. Whether it's a starter home for a young family, a home sale because of relocation, or that dream home following retirement, buyers and sellers are looking for competent and caring service."
My experience with technology-based tools combined with the intensive, ongoing training provided by Keller Williams has been very valuable in fulfilling the needs of my clients.
My interpersonal and technology skills enable me to develop 'high touch' relationships with my clients. I manage all the details of your purchase or sale from home search or listing to a successful closing. After the sale, I will always be at your service.
I have extensive experience with corporate, government and personal relocation. I have worked with clients throughout the U.S. who have moved to the eastern panhandle of West Virginia 
 
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