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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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Q	What Kauai location was used to portray Never-Never Land in "Hook," the remake of Peter Pan by Steven Spielberg?
A	Kipukai beach
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Chris Harvey, REALTOR®, real estate agent and broker for Phoenix, Scottsdale, Gilbert and Chandler, Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Chris Harvey
West USA Realty
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Phoenix, AZ 85048
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