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Real Estate Dictionary: Louisville, Shelbyville and Oldham County Kentucky home buying, real estate listings, and homes for sale in Jefferson County, KY

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

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Jeff, Linda and Fred Levein, REALTOR®, real estate agents and broker for Louisville, Shelbyville and Oldham County Kentucky home listings, property and land for sale - NUMBER1EXPERT(tm)

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The Levein Team - Jeff and Linda Levein and their son, Fred - are Louisville's Real Estate Leaders. "Business First", Louisville's premier business publication, ranked the Levein Team the Number 1 real estate team in the entire city of Louisville, Kentucky. But rankings aren't as important as what our customers tell us: "We have moved 10 times in the past 14 years and we have never had the pleasure of dealing with realtors as hardworking and professional as the Levein Team- B.R. Family"

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