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Real Estate Dictionary: Santa Fe, Tesuque and Las Campanas New Mexico home buying, real estate listings, and homes for sale in Sante Fe County, NM

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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Nobél Davis, REALTORŽ, real estate agent and broker for Santa Fe, Tesuque and Las Campanas New Mexico home listings, property and land for sale - NUMBER1EXPERT(tm)

Nobél Davis
Santa Fe Exclusives, Inc.
119 W. Coronado Rd.
Santa Fe, NM 87505
Phone: 505.988.4040
Toll Free: 888.300.5580
Fax: 505.988.3736
Email: Nobel@SantaFeExclusives.com
Nobél Davis is the only Santa Fe RealtorŽ specializing exclusively in luxury homes. For more than 23 years she has concentrated solely on luxury real estate. Cultivating this focus has made her a luxury home specialist in the Santa Fe real estate market. 888.300.5580 505.988.4040

The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of SFAR MLS Inc. Real estate listings held by brokers other than Santa Fe Exclusives are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

"All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

SFAR MLS, Inc. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis."

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