9/6/2010
Agent Login
Glossary
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6 glossary terms found
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Waiver
A voluntary relinquishing of certain rights or claims.
Walk-through
A buyer's final inspection of the home to determine if conditions in the purchase agreement have been satisfied.
Warranty
A legally binding promise to do something in the future.
Wild deed
An improperly recorded deed.
Will
The most basic legal document outlining the disposition of a person's estate in the event of death.
Wraparound mortgage
A loan to a buyer for the remaining balance on a seller's first mortgage and an additional amount requested by the seller. Payments on both loans are made to the lender who holds the wraparound loan.
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