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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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Nancy Braam RE/MAX Whatcom County 913 Lakeway Drive Bellingham, WA. 98229 800-723-1313 x 3026 360-303-7785 360-647-1313 Fax: 360-671-8022 Email: info@nancybraam.com
Nancy has been a full time Realtor for 20 years. During that time she has been awarded top salesperson awards for her office, for Whatcom County and the RE/MAX top ten in the Northwest Region.
Her background is in all phases of residential real estate, from land development to new construction and re-sale homes.
A fifth generation Bellingham resident, Nancy has personally moved over 30 times. She understands the problems and satisfaction related to property ownership and transfer as both a buyer and a seller.
Nancy is known for her creativity in marketing and her tenacity in complicated real estate transactions. In order to constantly upgrade the level of service she provides to her clients, Nancy is committed to actively increasing her knowledge and skills in all areas of real estate sales and marketing.
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