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#1 Real Estate Agent on the Northshore in 2009 & 2010! When Time & Money MATTER! Please call me at: (985) 705-1910
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 Compare three mortgages
at one time. Download TripleCalc now. It's free. |
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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 |
What is the oldest U.S. capitol in which a state legislature still meets in its original chambers?
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| A |
New Hampshire's State House |
 See More Real Estate Trivia > |
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Kim Higgins, Realtor, ABR, e-PRO
Keller Williams Realty Services
1522 W. Causeway Approach, Mandeville LA 70471 USA
Each Office Is Independently Owned & Operated.
Licensed Realtor In Louisiana.
Direct Cell: 985-705-1910
Personal Office: 985-727-7166
Main Office: 985-727-7000
Fax: 985-727-7001
Email: kimhiggins@kw.com
LOVE WHERE YOU LIVE...I Do! Real Estate is my profession as well as my passion. Every client I work with has different needs, certain likes & dislikes, & specific goals. I will listen to what's important to you, follow through, provide the information you need and get you the RESULTS you expect. I'm a hardworking, consistent top producer in St. Tammany Parish and I'm different from other agents. It's about YOUR needs, YOUR time frame, & YOUR goals. Experience the difference today.
Please call me...When Time & Money MATTER!    
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is brought to you by Kim Higgins, real estate for
Mandeville, Covington and Madisonville, Louisiana
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