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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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Real Estate Trivia
Q 
In what 2003 comedy does a very large family move to a new house on Forest Avenue in Evenston, Illinois?

A 
"Cheaper by the Dozen", starring Steve Martin, was actually filmed in a house in Los Angeles near the Farmer's Market.
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Nolting Real Estate, REALTOR®, real estate agent and broker for Des Peres, Town & Country and Kirkwood, Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

Russell Nolting
Nolting Real Estate

14278 Manchester Rd.
Manchester, MO 63011
Main: 636-391-9997
Fax: 636-552-0050
Cell: 314-267-2636
russellnolting@NUMBER1EXPERT.com
Russ@NoltingRealEstate.com

Russell Nolting is a NUMBER1EXPERT who specializes in St. Louis County and St. Charles County real estate sales. His team of agents will make your transition smooth.

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