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Real Estate Dictionary: South County, Westerly, Narragansett, and Charlestown Rhode Island home buying, real estate listings, and homes for sale in Kent County, RI

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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Donna Sormanti-Saglio, REALTORŽ, real estate agent and broker for South County, Westerly, Narragansett, and Charlestown Rhode Island home listings, property and land for sale - NUMBER1EXPERT(tm)

Donna Sormanti-Saglio
RE/MAX Coast and Country
530 Stonington Rd. Ste. 101
Stonington
Connecticut 06378
Office: 860-535-9009
Toll Free: 1-877-8REMAX9
FAX: 860-535-9229
Mobile: 401-559-3314
Donna@rirealestateonline.com
Donna Sormanti-Saglio is Your Online Connection to Rhode Island, Florida and Southeastern Connecticut Real Estate! Donna's southern Rhode Island market area, also known as "South County", is a region of quaint towns and seaside villages rich in both Colonial flavor and Victorian elegance. If your dream is to buy your first home or the land to build it on, a luxury waterfront property or an entire sub-division, Donna will help you make your real estate dream a reality. Donna's "Pledge of Quality Service" has earned her the trust and confidence of many satisfied buyers and sellers. She has helped her clients achieve successful results by implementing the newest advances in technology, and quickly responding to the changing conditions in the marketplace. Donna has been a full-time REALTOR professional since 1986 and a RE/MAX multi-million dollar producer. If you are looking for an innovative and experienced professional to represent you in all your real estate transactions, Donna is the only realtor you will ever need. Call or email Donna today, you will be glad you did!

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