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Waiver |
The relinquishing of a right |
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Warranty |
A guarantee provided to the purchases regarding
the quality of appliances or fixtures sold
Also a promise by the grantor of
a piece of property that he or she is responsible to the buyer if the title of
ownership is defect in any way |
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Warranty deed |
A document conveying ownership of a property
that guarantees a clear, clean title |
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Will |
A written document stating how an individual
chooses to have his or her property distributed after his or her
death |
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Wraparound loan or Wraparound
mortgage |
A method of refinancing which covers the
remaining balance on an existing first mortgage as well as the additional
amount of loan being requested by the mortgagor; full payments covering both
mortgages are made to the Wraparound mortgagee, who then forwards on the
portion of payment due to the first mortgagee |
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Did We Miss the Word YOU Are Looking For?
Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let us know! We always appreciate feedback. Fill out the form below for a quick response from us by email. It's free, without obligation, and we guarantee your privacy.
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Maui Real Estate
Gail Swanson is a professional realtor on the island of Maui, Hawaii and specializes in Oceanfront and Upcountry property.
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Georgia Hart
Keller Williams Capital Partners
100 East Wilson Bridge Road
Worthington
OH, 43085
Buyer Line/Listing Line: 740-362-7873
Fax: 614-888-3880
Direct office dial: 614-431-6126
Email: georgiahart@kw.com
Our goal is to have you become a client for life. We want to make sure your experience in selling or buying your home is the best you can get. We want your business and your friends & families...that means you would recommend us and that says a lot
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