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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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THE DANIELS TEAM RE/MAX Advantage Realty, Inc. 5590 N. Academy Blvd. Colorado Springs CO, 80918 Brian's Office : 719-268-8095 Brian's Cell: 719-330-2535 Alan's Office : 719-268-8096 Alan's Cell: 719-321-0929 Fax: 719-548-5040 Email: Homes@DanielsTeam.com
The Daniels Team welcomes you to Colorado’s marketplace. Brian and Alan are a top producing real estate team based in Colorado Springs. Whether you need to buy, sell, or just want hassle free information at your fingertips, then our team is here to provide you with top notch professional real estate services with HONESTY, INTEGRITY, and RESULTS. As real estate professionals our personal commitment extends well beyond the close of the business transaction, with first class service and support. As an added bonus we provide a free moving truck to our clients for all local moves.
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