which of the following is not an underwriting factor for property?
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Underwriting risk is the risk of uncontrollable factors or an inaccurate assessment of risks when writing an insurance policy. If the insurer underestimates the risks associated with extending coverage, it could pay out more than it receives in premiums.
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Real estate underwriting is the process of reviewing a loan application to determine the amount of risk involved. The underwriter will look at the borrower's financial standing and the value of the property at hand to review the potential of the deal.
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