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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.
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The Philadelphia Suburbs are a wonderful place to live with so much to offer.
Mickey Mignot is owner of one of the top Realty Executives offices in the suburbs of Philadelphia. Mickey is also one of the top agents in the area specializing in relocation, buyer representation, seller representation and providing after sale service to her past clients. Over 97% of Mickey's business is derived from referrals from her past clients and fellow realtors. That is a testimonial to her dedication to the success of her real estate practice. Mickey Mignot understands family, cares about your needs and is always working for you. Mickey is dedicated to meeting your needs, every step of the way.
Call or email Mickey today! And remember 1-800-GET-MICK...it pays!
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