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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. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...
| Q |
What high-profile rental property rents for $13,500 a month although the star hasn't lived there for over 20 years?
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| A |
Shirley MacLaine's name is still used to promote her Encino, CA, estate even though she hasn't lived there in years.
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 See More Real Estate Trivia > |
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Slovakia Mike
RE/MAX 1st Class
1400 Montreal Road
Atlanta, GA 30084
Tel: 770-724-6079
Email: slovakiamike@NUMBER1EXPERT.com
Slovakia Mike, CRS, GRI has been a realtor with Remax of Atlanta for over 10 years. After leaving a successful career as a registered nurse, Slovakia entered the real estate industry with the same dedication, expert assistance, and client focus. Selected "Atlanta Top Real Estate Agents" 2004, 2005, Slovakia hopes you enjoy your visit to SOLDwithaSmile.com.... Thanks for stopping by!
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