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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. Fill out the form below for a quick response from us by email. It's free, without obligation, and we guarantee your privacy.
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Brian Sharp and the Sharp Homes Team
Sharp Realty
320 Fairview Ave.
Brentwood CA 94513
Phone: 925-240-MOVE
Mobile: 925-998-9712
Fax - Brian's: 925-524-2302
Broker: 925-240-6683
Fax - Office: 925-240-1486
Email: Brian@SharpHomesOnline.com
There is a big difference in how Brian does business than most other agents. Many agents are focused on the transaction and what's in it for them. They are focused on their goals, not yours. The #1 principle of Brian's business is trust. He realizes that your home is often your most important financial decision and you need to get the best price and the best terms.   
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