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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 Tim Burroughs Group Keller Williams Realty-Boise 1065 S. Allante Place Boise, ID. 83709 Office: 208-938-8800 Cellular: 208-409-7653 Toll Free : 800-330-4237 Fax-Long distance: 800-330-1376 Fax-Local: 208-938-8731 Email: tim@timburroughsgroup.com
Your best interest is our #1 priority. My team and I put our clients first by delivering the highest quality, client-based services available, including great communication, expert negotiations and outstanding follow-up. When you want it done right, you need to call The Tim Burroughs Group of Keller Williams Realty-Boise. With our extensive background in lending, real estate appraisal, and over ten years of real estate sales and service experience, we are thoroughly prepared to give you what you expect and deserve - exceptional care and superior service.
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