Waynesboro, Staunton, Charlottesville, Augusta County, Shenandoah Valley and Fishersville real estate and homes for sale in Virginia - Kathleen Kellett, REALTOR® REALTOR® Logo - NUMBER1EXPERT NUMBER1EXPERT™ Logo
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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 document must lenders provide within three days of receiving your application for financing?

A 
The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan.
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Kathleen Kellett, REALTOR®, real estate agent and broker for Waynesboro, Staunton, Charlottesville and Augusta County, Virginia home listings, property and land for sale

Kathleen Kellett
Better Homes and Gardens Real Estate III

17 Parkway Lane
Fishersville, VA 22939
Phone: 540-241-0065
Fax: 540-886-5248
kathleenkellett@gmail.com

I am a professional real estate agent who genuinely cares about the people I represent. I offer services on this website without obligation or expectation of compensation. I offer this because I want to become your Realtor for life. As your trusted, caring, professional, I will help you find the best home for you and your family in your desired Augusta County or Shenandoah Valley Virginia area within your price range. If you have a home to sell, I will work to sell it as quickly as possible for as much as the market will bare.

Equal Housing REALTOR


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