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Real Estate Dictionary
Welcome > Resources > Real Estate Dictionary - A

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

W

Waiver

The relinquishing of a right

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

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

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



Did I Miss the Word YOU Are Looking For? I want to provide the most comprehensive real estate, home and property information possible. Click below for more information, or contact me for ANY questions. 

 

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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Do any of these definitions raise questions for you? Didn't find the word you're looking for in Marilyn Denney Johnston's Real Estate Dictionary? 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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Real Estate Trivia
Q 
What famous American sign was originally erected as a real estate ad?

A 
The Hollywood sign, built in 1923, was conceived as a real estate ad that originally read, "Hollywoodland."
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The Marilyn Group, REALTOR®, real estate agents and broker for Franklin, Brentwood and Metro Nashville, Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

Marilyn Denney Johnston
Fridrich & Clark Realty

5200 Maryland Way, Suite 101
Brentwood, TN 37027
Toll Free: 888-922-8317
Mobile: 615-533-9377
Office Direct: 613-263-4803
Marilyn@MarilynTheRealtor.com
Marilyn@MarilynTheRealtor.com
Marilyn@NUMBER1EXPERT.com

Selling or buying a home can be stressful. Whether you are a seller, buyer or developer, let me negotiate to save you money. Your needs and wants are important to me. Tell me your goals, I will listen and help you achieve them. Interest rates are great, why wait, let's get started today. TN License AB00287207 Marilyn Denney Johnston (The Marilyn Group, Fridrich & Clark Realty): Real Estate Agent in Franklin, Williamson County, Tennessee, TN License AB00287207

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