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Real Estate Dictionary: Blacksburg and Christiansburg Virginia home buying, real estate listings, and homes for sale in Montgomery County, VA

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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The Hudson Team, REALTORŽ, real estate agents and broker for Blacksburg and Christiansburg Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

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Long & Foster Realtors
TheHudsonTeam.us
1111A North Main St.
Blacksburg, VA 24060
Office: 540-961-9317
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Cell: 540-320-5498
The Hudson Team are Realtors extraordinaire...the NUMBER1EXPERTS for Blacksburg and Christiansburg. They LOVE what they do! For the past four years they have earned the Platinum and Diamond Awards from the New River Valley Association of REALTORS. In 1997 Amy was named the "Sales Person of the Year" for the entire New River Valley. They are Long and Fosters Agents for the Year for 1997, 1998, 1999, 2000 and 2001.

* The data relating to real estate on this website comes in part from the Broker Reciprocity/IDX (Internet Data Exchange) Program of the New River Valley Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Long & Foster REALTORSR are marked with the Broker Reciprocity logo (IDX) and detailed information about them includes the name of the listing broker.

Please contact our team with questions:

Amy Hudson, Associate Broker, ABR, GRI, CRS: Amy@TheHudsonTeam.us
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Mike Albert, REALTOR: Mike@TheHudsonTeam.us
Carol Lidgard, REALTOR, ABR: Carol@TheHudsonTeam.us
Genia Pack, Closing Coordinator: Genia@TheHudsonTeam.us
Matt Hicks, REALTOR, ABR Matt@TheHudsonTeam.us

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