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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 
What island was sold to Peter Minuit by the Indians for goods valued at 60 guilders ($24)?

A 
Peter Minuit arrived with a group of Dutch settlers in 1626 and purchased what is now known as Manhattan.
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Patrick Bissett, REALTOR®, real estate agents and broker for Mauldin, Simpsonville and Greenville South Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Patrick Bissett
RE/MAX Realty Professionals

600 Independence Blvd.
Greenville, SC 29615
Phone #: (864) 303-9838
Toll Free Office: 1-800-849-7629 ext 710
Fax: (864) 990-3231
Email: Patrick@MLSGreenville.com

Patrick Bissett & Team are motivated to help you find your home and/or sell your home in the Upstate of South Carolina! We Listen and put your needs first! From Traveler’s Rest to Simpsonville, Pickens to Spartanburg, and Lake Hartwell to Cliffs of Glassy; you will have a Team on Your Side combined with Years of Experience and Knowledge in real estate!!

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