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Real Estate Dictionary: Charlotte, Historic Charlotte and Charlotte Uptown North Carolina home buying, real estate listings, and homes for sale in Mecklenburg County, NC

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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Lexie Longstreet, REALTORŽ, real estate agents and broker for Charlotte, Historic Charlotte and Charlotte Uptown North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Lexie Longstreet
Savvy + Co. Real Estate
1920 East 7th St
Charlotte, NC. 28204
Mobile: 704.560.4604
Phone #: 704-330-8326
Fax: 704-377-6989
Email: LexieLongstreet@NUMBER1EXPERT.com
I love this city and I know it, inside and out. I know the winding tree lined boulevards, the hip hotspots, the secret sidewalks, the quirky cul-de-sacs. Charlotte is a city of neighborhoods, each with it's own personality and style. Whatever your style - cityview condo, a cottage in the trees, vintage bungalow or lakefront contemporary - I will find your dream home for you. And then I make it my job to handle every detail of your new home purchase. I pride myself in my enthusiasm, creativity and great sense of humor to keep things in perspective, thus making your home buying and selling experience as fun and smooth as possible. Let me show you Charlotte and all it has to offer.

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