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

---

Real Estate Tips

First Time Buyers >Your Investment

Shelter is a very basic human need which most people accommodate by renting or buying a house or apartment. Rental property is often less-than-perfect. Tenants usually experience a rent increase every year or so and feel somewhat at the mercy of the owner. They don't necessarily feel a strong commitment to the property or the community.

Making a decision to buy a house is a major commitment, and the decision has both economic and emotional implications. Instead of paying the landlord's mortgage every month, homeowners pay their own mortgage and build up equity in their investment. When they paint, plant flowers or make improvements, their family reaps the benefits of a more beautiful environment. Homeowners are much more selective than renters about finding the perfect home, and their sense of personal satisfaction heightens the pride of ownership.

	See All Tips In The "First Time Buyers" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

---

Real Estate Trivia

Q	Where is the world's largest industrial building located?
A	The single largest industrial structure is the container freight station of Asia Terminals Ltd in Hong Kong. It is 359 feet high, with 15 levels.
See More Real Estate Trivia >

---

Sam Xavier - The Xavier REO Team RE/MAX Execs South Bay 1720 S. Elena Ave Redondo Beach, CA 90277 Phone: 310-356-4256 Mobile: 310-866-7598 Fax: 310-378-1997 SamXavier@NUMBER1EXPERT.COM www.TorranceHomeSeller.com is brought to you by Sam Xavier, real estate for West Torrance, South Torrance and Redondo Beach, California Read Sam Xavier's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

---

© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.