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Real Estate Dictionary: Northville, Novi and Plymouth Michigan home buying, real estate listings, and homes for sale in Oakland County, MI

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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The Kekich Team, REALTORŽ, real estate agent and broker for Northville, Novi and Plymouth Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Leta and Brandon Kekich - The Kekich Team
Keller Williams Realty Northville Market Center
248-875-4800
Email: TheKekichTeam@NUMBER1EXPERT.com
With 90% of our clients coming from referrals or repeat business, the Kekich Team is not only one of Americas NUMBER1EXPERTS in the Northville, Novi, and Plymouth area, we are also among one of the most highly regarded and sought after realtors here. Many speak of our extraordinary knowledge of the neighborhoods, cutting-edge performance in both seller and buyer representation, and personalized marketing program. Others remark upon our professionalism, attention to detail, and consistent communication skills (including our newsletter). Many of our clients become personal friends. We are a family that works together as family to provide your family with a thoroughly enjoyable and successful transaction. Call or e-mail us today to put us to work for you.

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