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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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Looking for a little personality in real estate? We put the FUN back into a serious business!
With our combined 20+ years of experience in customer service and construction management, you won't find more skilled representation. We specialize in residential real estate, and have expertise in waterfront properties, raw acreage and investment opportunities.
No one knows the North Austin, Cedar Park, Leander and Lake Travis, Texas areas better. CALL US TO TOUR LAKEFRONT PROPERTIES BY BOAT!
We promise that our level of service will exceed your expectations!
Mick Hooper is a Licensed Real Estate Broker in the State of Texas. Dr. Tracy Angelocci is a licensed Realtor in the state of Texas.
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