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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 |
Where was the famous final airport scene in the 1942 classic "Casablanca" filmed?
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| A |
The scene where Humphrey Bogart says goodbye to Ingrid Bergman was actually shot on the east side of the Van Nuys Airport. |
 See More Real Estate Trivia > |
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Deb Chabot
RE/MAX East of the River
1182 Storrs Road
Storrs, CT. 06268
Direct Phone: 860-428-9827
Home Office: 860-487-0267
Fax: 860-487-3979
Office Phone : 860-429-3973 X108
Email: DebChabot@DebChabot.com
Deb Chabot is a Real Estate Broker working in the Storrs Uconn area. She has been listing and selling homes in and around this area for the past 25 years. Deb works at Remax East of the River in Storrs. She has been a consistent top producing agent. She is extremely knowledgeable about this area and has received many real estate related awards. The Greater Hartford Board of Realtors has honored her with the Premier Producer award numerous times for outstanding sales. This award is given to agents in the top 1% of sales in the state.
Deb's many interests include horticulture, her extensive exotic gardens and water garden, her pets, theatre and the arts. Over the years Deb and her daughter, Raechel, have been actively involved with the Fidelco Guide Dog Foudation. They have raised and trained 7 German Shepherd Guide Dog Puppies to date and one Labrador Retriever for Guiding Eyes in New York. Many of these dogs are now working Guide Dogs all over New England. 
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