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Welcome > Resources > Real Estate Dictionary - A
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Waiver |
The relinquishing of a right |
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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 |
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Warranty deed |
A document conveying ownership of a property
that guarantees a clear, clean title |
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Will |
A written document stating how an individual
chooses to have his or her property distributed after his or her
death |
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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 |
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Did We Miss the Word YOU Are Looking For? Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let us know! We always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly... 
Selling Your Home >Selling the Details
It is the little things--both positive and negative--that can make a big difference to prospective buyers. Pay close attention to detail when you prepare your home to sell.
Before you list your home, go through the house with a careful eye. Fix any loose door knobs, popped screen doors, and loose grout around the tub and shower. A coat of fresh paint can work wonders to dress up a house. Wash the windows, hang a healthy plant from the bathroom skylight, and clean out the closets. Arrange the furniture to make the room look larger. If the rooms look cluttered, put your extra furniture into storage. You can brighten up a room by increasing the wattage of the light bulbs.
Going the extra mile to showcase your home will pay significant dividends when it's time to show it to buyers.
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| Q |
What is the legal term used to describe the right of the U. S. government to condemn private land for public use?
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| A |
Right of Eminent Domain allows the government to confiscate private land by paying full market value for the property. |
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Ursula Dahle Keller Williams Realty Platinum Partners 220 Heritage Walk, Suite 101 Woodstock, GA. 30188 Direct: 678-569-4044 Main Office: 678-494-0644 Fax: 678-401-0191 Email Ursula: ursula@callursula.com Email Renee: renee@callursula.com
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