All agents are NOT alike! Find out why I'm a top real estate expert. E-mail me kay.townend@pdq.net.

Sign Up For My eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Find Out More >
View All Offers >

"Team Service"
Jo & Rick Allred
Read Quote >
View All Quotes >

Compare three mortgages at one time. Download TripleCalc now. It's free.

Find Out More >
Download Now >

Kay Townend is one of The Top Selling Real Estate Experts™
Find Out More >

Real Estate Dictionary: Northwest Houston, Cypress and Spring Texas home buying, real estate listings, and homes for sale in Harris County, TX

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

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...

	About You
* Your Name:
* Your Email Address:
Your Street Address:
City:
State:
Country:
Zip/Postal Code:
Phone:
	Additional Info
Ask Your Question Here!
Send Latest Listings:
Send Latest News:

*Please note that fields marked with an asterisk are required.

Quick Response Guarantee >
I Guarantee Your Privacy >
Free & Without Obligation >

See the nation's top rated reports for Schools in Northwest Houston, Cypress and Spring >

Real Estate elsewhere in Texas
Find Out More >
View All Affiliates >

Kay Townend, REALTORŽ, real estate agent and broker for Northwest Houston, Cypress and Spring Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Kay Townend
RE/MAX Suburban N.W.
11550 Louetta Road, Suite 1200
Houston, TX. 77070
Main office: 281-376-9900 Ext. 111
800-260-9240 Ext. 111
Fax: 281-320-5830
Direct office: 281-205-1888
Email: Kay@KayTownend.com
Kay Townend brings a wealth of experience with her, having practiced real estate in Houston since 1980 and been a Top Producer every year in listing and selling residential real estate. Kay lists and brings buyers for over one hundred and twenty homes each year in your area. When you hire Kay Townend, you get the benefit of her twenty five plus years of experience. To paraphrase past clients: "Kay Townend knows what she is doing, she loves what she is doing and she believes in what she is doing." Call or email her today!

It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin.

www.kaytownend.com is brought to you by Kay Townend
NUMBER1EXPERT™ in real estate for Northwest Houston, Cypress and Spring, Texas
Read My Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge