What Is Preliminary Underwriting? We like to think of “underwriting” as the analysis and vetting of a prospective project – all the backroom work that needs to be completed before hefty sums of money and time are invested in a …
What is Preliminary Underwriting? When making an offer for land, the format I have typically seen in the industry is a 2 – 3 page “Letter of Intent”, which lays out the essential terms and conditions you wish to propose …