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Glossary of Real Estate and Legal
Terms and Definitions
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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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Can't find the word or term you are looking for?
No problem.
Just let
me know what it is you are looking for and I will be happy to
research the information and get back to you with it. I am
always looking for new information to add to the dictionary so any
request about a word or term is always welcome.
Almost ready to
relocate to Clark County, Washington? Just considering the
possibility of living here? No matter where you are in the
relocation process I am here to help you and provide any
information you may need.
Bookmark
www.VancouverWaRelo.com
and keep this "one-stop" site for all,
your relocation and home buying needs in Clark County and Vancouver
Washington, at your fingertips. Don't miss the
Property Listings that are updated and changed daily.
Need more information
about Vancouver and Clark County? I am the expert on
the area and
have listed and addressed many subjects, here on the site, that are going to be important to you during
your relocation (I also offer a free
relocation packet
that will be
sent to you upon request.). But, no matter how much information is here
for you there are times when you want to talk to an experienced Realtor
who is an expert on relocation and the Vancouver/Clark County area.
Don't hesitate to contact me with all your questions and I will make
sure they are answered promptly and with the utmost confidentiality.
You can depend on me to make
sure that
all your relocation goals will be met!
 
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