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Real Estate Dictionary: Westport, Weston and Norwalk Connecticut home buying, real estate listings, and homes for sale in Fairfield County, CT

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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JoEllen Mack, REALTORŽ, real estate agent and broker for Westport, Weston and Norwalk Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

JoEllen Mack
Prudential CT Realty
272 Post Road East
Westport, CT 06880
203-429-1009
203-454-2254
Fax: 203-454-2254
Email: JoellenMack@NUMBER1EXPERT.com
I am your "Connecticut Connection" for towns in Southwestern Fairfield County, and will find the right town and home for your family. Buying or selling, together we will develop a plan of action unique for you and your timetable, making the Real Estate process as easy, profitable, and enjoyable as possible for you and your family. Known for my honesty, integrity, and professionalism, my experience as a Top Producer, knowledge of Fairfield County, and genuine concern for clients enables me to consistently exceed my customers expectations. I have the Accredited Buyer Representative (ABR) designation and have many professional awards including being among the top 3% of Prudential Real Estate professionals in the nation, but my satisfied customers are my best testimonial. **Prudential Connecticut Realty is an independently owned and operated member of The Prudential Real Estate Affiliates Inc., and Prudential is a service mark of The Prudential Insurance Company of America.

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