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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
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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Charles Tritthart Keller Williams Realty 10 E. Campbell Edmond, OK. 73034 Phone: 405-330-2626 Fax: 405-330-2627 Email: charlestritthart@NUMBER1EXPERT.com
Charles Tritthart is one of the most highly regarded REALTORS in the Edmond and Oklahoma City area. He has accomplished this by always putting the needs of his clients first. Along with his full time licensed assistant, Charles is able to devote his time into providing the best possible service and informing his clients every step of the way. His credentials include Broker Associate, CRS (Certified Residential Specialist), GRI (Graduate of REALTOR Institute), ABR (Accredited Buyer Representative), CRC (Certified Relocation Counselor). The Tritthart Team goal is to take the time to listen to our clients and their needs, and to assist them in producing a plan of action that results in realizing their goals! Please call or e-mail Charles today.
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Oklahoma City, Edmond and Deer Creek, Oklahoma
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