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Real Estate Dictionary: Greenville, Winterville and Ayden North Carolina home buying, real estate listings, and homes for sale in Greenville County, NC

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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
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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A former middle school teacher for 20 years, Liz has been helping families with their real estate needs for the past sixteen years. Education continues to be important to Liz, and she is continually reaching for ways her team can better serve clients. Liz is a Broker, an Accredited Buyers Representative, a Certified Residential Specialist, Graduate of Realtors Institute and a Senior Real Estate Specialist. Recognized as part of a nationwide network of the Top Realtors in the country, Liz takes advantage of many training opportunities offered to The Liz Freeman Team.

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