All agents are NOT alike! Find out why we are top real estate experts. Call us: 847-970-5583.

Get Free Presentation On Our Home Marketing.
Before signing a contract with any REALTORŽ, make sure you know EXACTLY how your home will be marketed.
Find Out More >
View All Offers >

Compare three mortgages at one time. Download TripleCalc now. It's free.

Find Out More >
Download Now >

Jane Lee Realty Group are some of The Top Selling Real Estate Experts™
Find Out More >

Real Estate Dictionary: Gurnee, Long Grove and Palatine Illinois home buying, real estate listings, and homes for sale in Lake County, IL

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

Did We Miss the Word YOU Are Looking For?

Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'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 us know! We always appreciate feedback.

Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...

	About You
* Your Name:
* Your Email Address:
Your Street Address:
City:
State:
Country:
Zip/Postal Code:
Phone:
	Additional Info
Ask Your Question Here!
Send Latest Listings:
Send Latest News:

*Please note that fields marked with an asterisk are required.

Quick Response Guarantee >
We Guarantee Your Privacy >
Free & Without Obligation >

See the nation's top rated School Reports >

Coming Soon
Find Out More >

Jane Lee Realty Group, REALTORŽ, real estate agents and broker for Gurnee, Long Grove and Palatine Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Jane Lee Team
RE/MAX Top Performers
210 N. Waukegan Road
Lake Bluff
IL 60044
Direct Office: 847-970-5583
Direct Fax: 847-295-0801
Main Office: 847-295-0800
Main Fax: 847-295-0801
Cell Phone: 847-420-8866
E-mail: leads@janeleehomes.com
The Jane Lee Team assists their clients by focusing on these seven priorities:

1. Providing Quality Service
2. Meaningful Communication
3. Addressing the Customer's Individual Needs
4. Providing Professional Advice
5. Delivering a Successful Market Plan through Innovation
6. Team Work
7. Continual Professionalism.

Legal Disclaimer - No Liability: RE/MAX Top Performers, Jane Lee, Jane Lee Team, its agents or employees shall not be held liable to anyone for any errors, omissions or inaccuracies under any circumstances. The entire risk for utilizing the information contained on this website or linked to this website, rests solely with the users of this website. The information is subject to inspection and verification by all parties relying on it. No liability for its accuracy/inaccuracy, errors, or omissions is assumed by the sellers or their agents. These listings may be withdrawn or modified without notice at any time. Information Not Warranted or Guaranteed: The official Jane Lee Homes website and all pages linked to it or from it, are PROVIDED ON AN "AS IS, AS AVAILABLE" BASIS. Jane Lee Home - Jane Lee MAKES NO WARRANTIES, EXPRESSED OR IMPLIED, INCLUDING, WITHOUT LIMITATION, THOSE OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO ANY INFORMATION OR USE OF INFORMATION CONTAINED IN THE WEBSITE, OR LINKED FROM IT OR TO IT.

www.janeleehomes.com is brought to you by Jane Lee Realty Group
NUMBER1EXPERTS™ in real estate for Gurnee, Long Grove and Palatine, Illinois, buyers agent, buyers representative

Read our Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge