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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 Driver Team RE/MAX ALL STARS 2845 N. Houston Levee Suite 103 Memphis, TN 38016 DIRECT: 901-674-SOLD (7653) Office: 901-387-1199 Fax:: 901-881-0675 Email: Driverteam@earthlink.net
The Driver Team "At Your Service"
Bob and Rita understand the magnitude of your decision to buy a home. We understand that you have definite ideas about what features you are looking for in a home, and most of all, we understand that your time is valuable. The Driver Team wants your home buying experience to be fun and exciting, and not time consuming.
Our Team works constantly to improve our systems, process and services to go well beyond the standard level of service provided by most agents. Simply put, our objectives are to get your home sold quickly, for the highest price possible and with the least amount of stress. We want to provide the best service available in the industry. We want to make you so satisfied that you listed your home with us that you will gladly refer the Driver Team to your friends, family and business associates.
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