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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. |
 See More Real Estate Trivia > |
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The Antonelli Team
Long and Foster Realtors
150 Elden St. #130
Herndon, VA. 20170
Chris Antonelli Direct: 703-474-1011
Fax: 703-904-7201
Email: christopher@longandfoster.com
Vince Antonelli began his real estate career in 1988 with the goal of making real estate as easy and stress free as possible for his clients. Thanks to his hard work and dedication his business has grown steadily over the years and in early 2005 his son Christopher joined him to ensure that all of their clients received maximum attention and support.
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