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Real Estate Dictionary: Teton Village, Jackson and Jackson Hole Wyoming home buying, real estate listings, and homes for sale in Teton County, WY

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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Garth and Christy Gillespie, REALTOR®, real estate agents and broker for Teton Village, Jackson and Jackson Hole Wyoming home listings, property and land for sale - NUMBER1EXPERT(tm)

Garth and Christy Gillespie
Sotheby's International Realty
185 W. Broadway
Jackson, WY. 83001
307-739-8056
307-413-5243
877-739-8146
Fax: 307-733-0511
Email: gandcgillespie@NUMBER1EXPERT.com
Garth and Christy Gillespie are one of Jackson's leading real estate teams. They are committed to helping customers find properties of value. "We love what we do and it shows," says Christy, who has over 10 years of experience in Jackson and has consecutively won top producer awards. Christy, originally from Naples, Florida, literally grew up in the real estate business. Her parents owned a successful real estate company where she got her start, and success in the business seemed to follow her. Her love for the mountain lifestyle became evident after many family trips to Lake Tahoe and Vail, Colorado. She was lucky enough to find Garth at the University of Denver, where they both graduated with degrees in business, and they married in Grand Teton Park. Garth joined Christy in real estate 6 years ago and hasn't looked back since. "It is the people that I love working with as well as taking marketing to new levels," says Garth, who originally hails from Milwaukee, Wisconsin.

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