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

Real Estate Tips Pricing >Market Value The first step you take when putting your home on the market is establishing the price. A professional market analysis can help you determine what the property is worth. Contact a real estate agent who is familiar with your area to get prices on the homes that are for sale and to see how long they have been on the market. Your real estate agent will be able to provide you with information about the actual sale prices of homes that are similar to yours. He or she can also tell you about the features that influence the value of each property, such as the number of rooms, the overall condition, and the extra amenities -- home office, finished basement, luxury bathroom, hardwood flooring. You can establish a market value for your home by putting all of this information together. If you price your home within 5% of the established market value, it should sell quickly. See All Tips In The "Pricing" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories > Real Estate Trivia Q  What high-profile rental property rents for $13,500 a month although the star hasn't lived there for over 20 years? A  Shirley MacLaine's name is still used to promote her Encino, CA, estate even though she hasn't lived there in years. See More Real Estate Trivia >

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Mike and Amy King King Real Estate, Inc. 15308 Morningmist Ln Silver Spring, Maryland 20906 Office: 240-242-4346 Amy's cell: 301-467-1877 Mike's cell: 301-467-5677 David's cell: (301) 706-8254 Fax: 301-598-1446 Email: king@NUMBER1EXPERT.com Real Estate License: 5191 Amy's email: amyking@mris.com Mike's email: mking@mris.com David's email: dnmarshall@hotmail.com Amy & Mike King have 24 years of combined experience in the Real Estate, Mortgage and Home Building industries! Their specialty is Real Estate in Montgomery County, but also have extensive experience in Howard and Price Georges counties. They are #1 when it comes to helping families make a smooth transition when moving here. Amy & Mike are a successful team who work together with you and for you! www.montgomerymdhomes.com is brought to you by Mike and Amy King, real estate for Montgomery County, Howard County, Silver Spring, Rockville and Olney, Maryland Read Mike and Amy King's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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