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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 |
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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 |
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Unsecured loan |
A loan that is not guaranteed by
collateral |
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Usury |
The act of charging more than the maximum rate
of interest permitted by law |
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| Q |
What was considered the world's tallest building one hundred years ago?
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| A |
The Eiffel Tower in Paris, France, completed in 1889 and standing 984 feet tall, is still considered one of the world's greatest structures. |
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McGavisk Realty Team
Keller Williams - McGavisk Realty Team
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Phone: 302-838-7229
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Michael McGavisk knows that there is only one way to make their clients successful, and that is to do it as a team. Their team oriented approach says it all. Michael McGavisk has gone to great lengths to ensure that he equips his clients with a full service team that provides many years of real estate experience and knowledge. In addition, The McGavisk Realty Team also thrives on diversity. Don't be surprised if your team member that you are working with has a chemical engineer or paralegal background. Not to mention, as you begin working with The McGavisk Realty Team, you will find that they fully embrace and love challenges and are 100% determined to satisfy their client's needs.
Not a bad idea to consider working with The McGavisk Realty Team and become part of their team!
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