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Real Estate Dictionary
Welcome > Resources > Real Estate Dictionary - A

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

W

Waiver

The relinquishing of a right

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

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

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



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Real Estate Trivia
Q 
What building has been named the 21st Century Townhouse project?

A 
4 townhouse in Bowie, MD made of giant foam/board panels, concrete/styrofoam block frames, steel, and aerated concrete.
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The Bobbie Maynard Team, REALTOR®, real estate agent and broker for Greensboro, Burlington, Summerfield, High Point and Oak Ridge, North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

The Bobbie Maynard Team
Allen Tate Realtors

717 Green Valley Rd.
Greensboro, NC 27408
Mobile: 336-215-8017
Fax: 336-230-0005
bobbiemaynard@NUMBER1EXPERT.com

25 years of real estate experience. Working with existing homes, new construction, buyers and sellers. My goal is to bring my experience and help my clients in a professional manner.

REALTOR GRI CRS MLS Equal Housing


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