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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 the location for the classic silent movie scene where Harold LLoyd dangles from a huge clock high above the city?
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| A |
That scene from "Safety Last"was filmed at the Brockman Building, one block south of the Biltmore Hotel in Los Angeles. |
See More Real Estate Trivia > |
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Tim Scheib Coldwell Banker Mid-America Group, REALTORS 2425 N Ankeny Blvd. Ankeny, IA. 50023 Licensed to sell real estate in the state of Iowa. Phone: 515-224-8633 Fax: 515-224-8665 Email: centralialistings@yahoo.com
I am a pro-active agent that works hard for my clients. By pro-active, I mean that I don't wait for you to ask me to do things, I do my best to have it done. I will go the extra mile and I enjoy doing it! 
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