All agents are NOT a like! Find out why we are top real estate experts. Call me at 218-348-7653.
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 >
"I highly recommend you..." "I highly recommend you to anyone that is selling their home or that is planning on buying a new one!" Shane & Sandi Nelson Read Quote > View All Quotes >
Compare three mortgages
at one time. Download TripleCalc now. It's free.
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
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.
Fill out the form below for a quick response from me by email. It's free, without obligation, and I guarantee your privacy.
The Ronding Team RE/MAX 1 2911 Tower Avenue, Suite 2 Superior, WI 54880 Direct: 218-348-SOLD (7653) Office: 715-392-1111 JimRonding@NUMBER1EXPERT.com
Jim Ronding has been a professional full-time Realtor for over 22 years in the Twin Ports area. Jim has consistently ranked in the top 5% of real estate agents nationally in terms of number of homes sold. Jim, along with the wonderful support of his staff, and RE/MAX 1, will make your next move your smoothest transaction yet! Guaranteed!
www.jimronding.com is brought to you by
Jim Ronding NUMBER1EXPERTS™ in real estate for
Duluth, Minnesota and Superior, Wisconsin
- NUMBER1EXPERTS™ 
