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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... |
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Dominic Labriola, Associate Broker / Team Director
Selman & Associates - The Concierge Service Team
387 South Lake Havasu Avenue
Lake Havasu City, Arizona 86403
Toll Free Direct: 888-854-5511
Local Lake Havasu: 928-854-5511
Fax: 928-223-5555
Email: Dominic@TCSTnow.com
Time is the most valuable resource, and we don't want to waste yours. Our team approach allows us to specialize in different areas of the real estate market, enabling us to help you achieve an overall greater experience. When you work with The Concierge Service Team, you don't just get one agent to work for you, you're working with an organized group of professionals who all work for the #1 real estate firm in Lake Havasu City, Selman & Associates Real Estate. Search easy at www.HavasuHomesNow.com - Lake Havasu's Ultimate Home Searching website with Full Details, Large Photos, Maps and Satellite Views. Read our blog updated weekdays at www.HavasuHomeTalk.com. Our area information site www.Havasu-Real-Estate.com has all of our featured homes and a gorgeous slideshow of photos of Lake Havasu City. 
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