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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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Steve Sober, Broker Shenandoah Valley Escapes 505 N. Main St., #104 Woodstock, VA 22664 Please call me direct:: (540) 975-5678 Email: steve@SVEscapes.com web: www.stevesober.com
For Buyers:
Shenandoah Valley Escapes
MRIS ID: 3016750
Broker Code: SHEN1
For Sellers:
ERA Beasley Realty
MRIS ID: 93219
Broker Code: EBR1
Here in the northern Shenandoah Valley of Virginia, amidst the ageless beauty of the Blue Ridge, Massanutten and Allegheny Mountains, people still wave and smile whenever they have an opportunity to express their courtesy.
You'll see that I maintain that smile and work hard to earn them from colleagues, customers and clients. I love to show the area and it is a real pleasure to share my appreciation of the history, beauty and friendliness of the people of the Shenandoah Valley.
If you would like to learn more about real estate in this area, please contact me to see how I might be able to help.
You can find
great local Virginia real
estate information on Localism.com Steve Sober is a proud member of the
ActiveRain Real Estate Network, a free online community to help real estate
professionals grow their business.
- NUMBER1EXPERT™ 
