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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



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Do any of these definitions raise questions for you? Didn't find the word you're looking for? 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 is considered one of the greatest U.S. construction projects that was also of great strategic importance to the U.S.?

A 
The Panama Canal, begun in 1904 and completed in August, 1914, which cost $366,650,000.
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Roberta Barolat, REALTOR®, real estate agent and broker for Bryn Mawr, Gladwyne, Wayne and Mainline, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

Roberta Barolat
Prudential Fox & Roach

338 W. Lancaster Avenue
Haverford, PA 10941
610-649-4500
Fax: 610-525-5646
homes-mainline@NUMBER1EXPERT.com

Relocating across the street or around the globe requires the skill and expertise of a Real Estate Professional. Over the past 15 years, Roberta Barolat has worked with hundreds of clients to successfully buy and sell some of the finest homes on the beautiful Philadelphia Main Line. Clients trust, respect and depend on her to manage the details of their real estate transactions. She specializes in domestic and international relocation and works with many clients, including relocating executives, who speak Italian, French and Spanish. Call or email her today!


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