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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 |
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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 |
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Unsecured loan |
A loan that is not guaranteed by
collateral |
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Usury |
The act of charging more than the maximum rate
of interest permitted by law |
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Did I Miss the Word YOU Are Looking For? Is there a real estate word that I failed to explain here in my dictionary for homebuyers and sellers? Let me be your personal real estate dictionary! I'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let me know! I always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let me know! I'm happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly...
| Q |
What was considered the world's tallest building one hundred years ago?
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| A |
The Eiffel Tower in Paris, France, completed in 1889 and standing 984 feet tall, is still considered one of the world's greatest structures. |
 See More Real Estate Trivia > |
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Veronica Rodriguez
Hudson Valley Premier Realty
1 Hawkins Drive
Montgomery, NY 12549
Office: (845) 457-3040 ext. 311
Fax: (845) 457-3028
Email: Veronica@HVPRealty.com
Veronica Rodriguez is a full time Real Estate professional servicing Orange, Dutchess and Ulster Counties. A graduate of Syracuse University, Veronica earned her Bachelor's Degree in Sales and Marketing Management. She was born and raised in the Bronx, and made the Hudson Valley her home in 1993. She currently resides in the Town of Montgomery with her husband, Ernie, and their 2 children, Kristina and EJ.
A Multi-Million Dollar Salesperson right from the start, Veronica earned the "Regional Rookie of the Year" award her first year in the business. She specializes in working with first time homebuyers as well as those who are relocating to the Hudson Valley from New York City's 5 boroughs.
Veronica is a member of the National, New York State, and Orange County Association of Realtors. Call Veronica for all of your Real Estate needs!       
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