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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 I Miss the Word YOU Are Looking For? 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... |
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Tracey Saizan
Keller Williams
9355 East Stockton Blvd. Suite 210
Elk Grove
CA, 95624
Contact Number: 916-761-8180
Paula Thorpe, Assistant: 916-480-8300
Fax: 916-241-8300
Email: Tracey.Saizan@frontiernet.net
Tracey Saizan has been a top Realtor for over 30 years! Her credits go on to include being a Gold Circle Million Dollar Producer and having her Certified Residential Specialist designation. She is known in the industry for her aggressive approach to assisting clients, and utilizes today's technology to the fullest to better serve her buyers and sellers. Tracey served as the President of Sacramento Association of Realtors in 2007 and is a Director for California Association of Realtors and National Association of Realtors, therefore being held in high regard for her ethical standards and integrity. She is highly qualified to meet all of your real estate needs.
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