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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 >Finding A Real Estate Agent Finding an experienced, reliable real estate agent whom you like and trust is the first step in locating your new home. Here is an approach to finding the right agent. Call or stop by a real estate office and ask to speak with the manager. Describe the type of home you are looking for. The manager can refer you to an agent who knows that market very well. You might also use weekend "open houses" as opportunities to look for a real estate agent, as well as a new home. It is really a matter of chemistry! If you meet someone who is knowledgeable and with whom you feel comfortable, call that person! Once you establish a strong working relationship with a real estate agent, your agent can show you a number of homes for sale, even if they are listed with other companies. Often the agent can show you a property as soon as it is placed on the market. Many of the best homes never even make it to the weekend classified section of the newspaper! See All Tips In The "First Time Buyers" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories > Real Estate Trivia Q  What is considered one of the few remaining tax shelters in the 1990s? A  Homeownership--property taxes on a residence or vacation home are deductible up to $1 million. See More Real Estate Trivia >

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Jonathan Creath Capital City Sotheby's International Realty 13420 Galleria Circle, Suite A-105 Austin, TX 78738 Office: 512-610-3206 Mobile: 512-406-1086 Fax: 512-261-0009 jonathan.creath@sothebysrealty.com With 38 blessed years of serving our client's needs, we look forward to extending that experience to you. Real Estate is a business of partnership in which our number one focus is partnering with our clients to exceed their desires and expectations. Call or email us today to discuss your needs. www.creathpartners.com is brought to you by Jonathan Creath, real estate for Central Austin, Lakeway and Westlake, Texas Read Jonathan Creath's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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