Malvern, Paoli and West Chester Pennsylvania real estate listings, home buying, selling and relocation information

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Real Estate Dictionary: Malvern, Paoli and West Chester Pennsylvania home buying, real estate listings, and homes for sale in Chester County, PA

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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William McGarrigle, REALTOR�, real estate agent and broker for Malvern, Paoli and West Chester Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

William McGarrigle
RE/MAX Main Line Realtors
49 E. Lancaster Ave.
Paoli, PA. 19301
610-640-9300
610-640-9329
Fax: 610-640-9322
Email: bill@billsells.com
Experience is the Difference! I have been transacting Real Estate in the Malvern, West Chester, Exton, Devon, Berwyn, and Paoli area since 1985. Currently I live in Malvern Borough with my wife and three children after growing up in Willistown Township. Last year alone, sales in my market area of Malvern, West Chester, Exton, Devon, Berwyn, and Paoli, topped forty houses. Of course, I would be happy to provide you with a complete list of the houses that I have sold. I sincerely believe you will find my life experience in our area to be a valuable asset when marketing your home.

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