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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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Looking for a little personality in real estate? We put the FUN back into a serious business!
With our combined 20+ years of experience in customer service and construction management, you won't find more skilled representation. We specialize in residential real estate, and have expertise in waterfront properties, raw acreage and investment opportunities.
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Mick Hooper is a Licensed Real Estate Broker in the State of Texas. Dr. Tracy Angelocci is a licensed Realtor in the state of Texas.
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