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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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School Reports in Northwest Washington D.C., Chevy Chase, Bethesda and Potomac, Maryland
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Real Estate Trivia
Q 
Who is the world's richest living person?

A 
William H. Gates, III, Chairman of Microsoft Corporation, whose wealth was estimated at $46.6 billion in 2004.
See More Real Estate Trivia >


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Anne Cavanagh, REALTORŪ, real estate agent and broker for Northwest Washington D.C., Chevy Chase, Bethesda and Potomac, Maryland home listings, property and land for sale

Anne Cavanagh, Realtor, GRI, CRS
W.C. & A.N. Miller Realtors, a Long & Foster Co.

4701 Sangamore Rd, Lower Level
Bethesda, MD 20816
Direct: 301-467-9071
Main Office: 301-229-4000
Email: anne.cavanagh@longandfoster.com

Dedicated to top quality service, integrity and professionalism in real estate.



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