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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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Kristian Peter San Diego Realty 12650 High Bluff Drive San Diego, CA 92130 Office/Cell : 800-656-5334 Fax: 800-772-3914 Email: sales@sdreos.com
A San Diego Native who has spent 34 years in America's Finest City. I first started investing in real estate in 1993, and during that time, I have acquired over 80 homes and investments in San Diego and Los Angeles. Real estate has been a passion of mine, and in 2003 I founded my own company - San Diego Realty, Inc. where I could focus on what I do best - using Innovation and the Internet to achieve incredible
results. Through the use of technology I set myself above and beyond the average real estate professional, and put my clients at a huge advantage. I enjoy all aspects of real estate, but most of all I enjoy meeting and creating relationships with my clients that last a lifetime.
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