Houston and Surrounding Areas real estate and homes for sale in Texas - Gary Stallings, REALTOR®

Gary Stallings, REALTOR®, real estate agent and broker for Houston and Surrounding Areas Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

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Real Estate Dictionary: Houston and Surrounding Areas Texas home buying, real estate listings, and homes for sale in Harris County, TX

Welcome > Resources > Real Estate Dictionary - A

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

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Gary Stallings ARB, CRS, GRT

RE/MAX Platinum
28301 State Hwy 249
Suite 600
Tomball, TX 77377
Phone: 281-351-8886
Fax: 281-351-2864

Email: garystallings@NUMBER1EXPERT.com

As one of America's NUMBER1EXPERTS™ in the Houston and Surrounding Areas and owner of Houston's largest RE/MAX office, Gary is well equipped to guide you through all your real estate needs. Call upon his services to enlist an agent who is bold, confident, and professional. Just call or email him today!

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