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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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Linda Risden and The Five Star Team Florida Five Star Realty, Inc. 9900 W. Sample Road, Suite #300 Coral Springs, FL. 33065 Contact Me With Confidence! Office: 954-345-5530 Fax: 954-345-5590 Cell Phone: 954-270-3463 Email: sofloridahomes@NUMBER1EXPERT.com Email: risden@bellsouth.net
Linda specializes in Ft. Lauderdale, Coral Springs, Coconut Creek, Parkland, and Margate. She is well known for producing consistent results, selling homes in an average of under twenty days. With over twenty three years of real estate experience, sellers and buyers are benefited with the vast knowledge and negotiation skills of a true professional. A recipient of one of the most prestigious awards, Linda was honored as being named in the top 100 Agents in Florida. As a member of an elite group of top real estate professionals throughout the Country, Linda can assist in referring customers to the best Realtor in the area. Call Linda today at: 954-345-5530 or 888-320-FIND. 
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