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Real Estate Dictionary: Short Hills, Millburn, Livingston and Summit New Jersey home buying, real estate listings, and homes for sale in Essex County, NJ

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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Elaine Pruzon, REALTORŽ, real estate agent and broker for Short Hills, Millburn, Livingston and Summit New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Elaine Pruzon
Coldwell Banker
545 Millburn Avenue
Short Hills
NJ, 07078
Direct: 973-715-8555
Office: 973-376-5200
VoiceMail: 973-467-4823
Email: elainepruzon@NUMBER1EXPERT.com
Elaine Pruzon, a long time resident of Essex County, NJ, hails from Montreal Canada and brings to real estate a novel approach ďż˝ one of creative thinking, skillful marketing, and most of all a compassionate and enthusiastic attitude. A graduate of McGill University, her talent lies in her insightful problem-solving ability and sound detail-oriented business philosophy. She has been named the #1 Sales Associate in Coldwell Bankerďż˝s Short Hills Office from 1996-2006, as well as the #1 agent in Short Hills for 2000-2003. She has listed and sold more homes combined than any other agent in town for 2004-05. Elaine is a member of Coldwell Bankerďż˝s International Presidentďż˝s Premier Club and has earned the NJAR Million Dollar Club Gold Level Award from 1996-2001 and Platinum Level Award in 2002-2006. She is also a Previews Properties Specialist and a Relocation Specialist. Her commitment to excellence is unparalleled. If you have any real estate needs, simply call Elaine and pack your bags. Sheďż˝s a real PROfessional.

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