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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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Ruth Stultz Ruth Stultz & Company 13080 Highway 105 West Suite 130 Conroe, TX 77304 Phone: 936-447-4700 Fax: 936-447-4702 Email: Ruth@Ruth-Stultz.com
Ruth's objective is to earn your business and referrals through professional aggressive marketing and strict attention to your needs and concerns. Her knowledge of available inventory allows her to find the perfect property for you. Because she lives and works in the Lake Conroe area, Ruth is knowledgeable and familiar with every aspect of this community. After all, Lake Conroe is her neighborhood! As one of America's #1 Real Estate Experts™ in the Lake Conroe area, Ruth is well equipped to guide you through all your real estate needs. Call or email her today!!!
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