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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
Warranty deed
A document conveying ownership of a property
that guarantees a clear, clean title
Will
A written document stating how an individual
chooses to have his or her property distributed after his or her
death
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
Is there a real estate word that I failed to explain here in my dictionary for homebuyers and sellers? Let me be your personal real estate dictionary! I'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 me know! I always appreciate feedback.
Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let me know! I'm happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly...
Cindy Tittle Preferred Home Brokers 255 W. Central, Suite 104 Brea, CA 92821 Tel: 714-315-4054 Tel: 714-528-3399 Fax: 714-528-1199 Email: cindytittle@NUMBER1EXPERT.com
My philosophy:
I believe the role of a real estate agent is to guide you through the buying or selling process, taking the time to make sure you understand every step of the transaction.
Comprehensive knowledge of your area:
Being a resident of the area, I know the communities very well and I have in-depth real estate experience. This in-depth knowledge of the area and the real estate market can help you make the most informed decisions.
Committed to ongoing training:
A wide variety of continuing training helps us deliver high quality services to our customers and clients.
Dedicated to your needs:
Because real estate transactions don't stick to regular business hours, I am available seven days a week, often coming in early and staying late as necessary to get the job done.