North Oklahoma City, Nichols Hills and Edmond real estate and homes for sale in Oklahoma, Military Relocation - The Clear Choice Team, REALTORS® REALTOR® Logo - NUMBER1EXPERTS™ NUMBER1EXPERT™ Logo
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Real Estate Dictionary
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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Real Estate Trivia
Q 
Which estate has two pools--one on the east side for the morning sun and one on the west for afternoon enjoyment?

A 
The former estate of John Lennon in Palm Beach has two pools plus guest quarters.
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The Clear Choice Team, REALTOR®, real estate agents and broker for North Oklahoma City, Nichols Hills and EdmondOklahoma home listings, property and land for sale - NUMBER1EXPERT(tm)

Bobby Daniel and The Clear Choice Team
Keller Williams Realty

2630 NW Expressway
Oklahoma City, OK 73112
Tel: 405-605-5440
Fax: 405-843-2571
Email: bobbydaniel@NUMBER1EXPERT.com

Why are we in real estate? We truly love it. There is nothing that makes us happier than to match a family with their home. We are always looking for new and innovative ways to help our clientele. We are growing everyday with relocating many military families. Bobby Daniels has served in the air force for 4 years and he is passionate about accommodating military families. We really enjoy offering many ways to make their move seamless and enjoyable.

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