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Real Estate Dictionary: Ft. Knox, Elizabethtown and Radcliff Kentucky home buying, real estate listings, and homes for sale in Hardin County, KY

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 Gudenkauf Team, REALTORŽ, real estate agents and broker for Ft. Knox, Elizabethtown and Radcliff Kentucky home listings, property and land for sale - NUMBER1EXPERT(tm)

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Erika, Gene, and Mike are a dynamic real estate team, servicing the Hardin County, Meade County and Central Kentucky communities. They specialize in single family residential sales, new construction and relocation. The Gudenkauf Team's dedication to their clients, attention to detail, professionalism, and strong moral character have earned them a reputation for competency, honesty and integrity. Both Erika & Gene have earned the 100% awards from RE/MAX International. They are also corporate members of AUSA. If you are looking to purchase or sell real estate in the Central Kentucky area, be sure to call the experts. Call "The Gudenkauf Team" at (270) 351-2230 or (888) 470-7089.

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