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Real Estate Dictionary: Maplewood, Millburn and Summit New Jersey home buying, real estate listings, and homes for sale in Essex County and Morris County County, NJ

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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Gail Middleton and Catherine Allebé, REALTOR®, real estate agents and broker for Maplewood, Millburn and Summit New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Gail Middleton and Catherine Allebé
Keller Williams
488 Springfield Ave
Summit NJ 07901
973-376-0033 ext 336
973-723-3445
Fax: 973-810-0206
Email: gailmiddleton@NUMBER1EXPERT.com
Gail is a life long resident of the Maplewood, Short Hills, Milburn and Summit area and is celebrating her 32nd year as a top local Realtor. Her extraordinary negotiating skills and knowledge of the current market and it’s trends have allowed her clients, whether buying or selling, to achieve their goals in a well-informed, stress-free manner. Gail believes in ongoing education in her profession, with particular interest in technology and environmental issues. Her marketing strategy is like no other and results in the highest price and quickest sale within the scope of Sellers’ needs. Gail is a member of the Coldwell Banker Realtors Elite President’s Council and has earned the prestigious CRB (Certified Real Estate Broker) and GRI (Graduate of Realtor Institute) designations; is a Relocation Specialist, certified Condo Specialist, as well as a Historic Properties and Luxury Homes Specialist. Middleton holds numerous high-performance awards resulting from her policy of treating each and every client with integrity, professionalism and, most importantly, caring. You will always be # 1 when working with her.

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NUMBER1EXPERTS™ in real estate for Maplewood, Short Hills, Millburn and Summit, New Jersey, condos, luxury homes

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