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Underwriting
The procedure of appraising a loan application to determine the risk involved for the lender. Underwriting comprise an evaluation of the borrower's creditworthiness and the excellence of the property itself.
Unsecured loan
Any loan that is not backed by collateral.
Under License
Early possession of the real estate property before conclusion with the permission of the vendor. This generally involves the payment of rent
Under contract
A particular period of time after a seller has received a buyer's offer to buy a real estate investing property and during which the buyer is able to do its due diligence and finalize financing arrangements. Top
A particular period of time after a seller has received a buyer's offer to buy a real estate investing property and during which the buyer is able to do its due diligence and finalize financing arrangements.
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