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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 Tips

Cosmetic Improvements >Cosmetic Repairs

The better your home in looks while it is on the market, the more likely it is to sell quickly, and for the best price. When you have a listing appointment with a real estate agent, the agent will provide a detailed market analysis along with the advantages of listing with their company. He or she will then go through your home with you and make suggestions about cosmetic repairs that will help to present your home at its best.

The real estate agent's recommendations can make some sellers uncomfortable and a little defensive because they are reminders of all the "little" projects they have postponed. Real estate agent's occasionally encounter a homeowner who "has it all together", but such people are rare! Most sellers need suggestions about repairs that will make their home show well, and providing these ideas is an important part of a real estate agent's job.

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Real Estate Trivia

Q 
What is considered to be one of the soundest long-term investments?

A 
Real estate has a long-term record of strong investment return and is a driving force of the national economy.
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Mike and Amy King, REALTOR®, real estate agent and broker for Montgomery County, Howard County, Silver Spring, Rockville and Olney, Maryland home listings, property and land for sale - NUMBER1EXPERT

Mike and Amy King
King Real Estate, Inc.

15308 Morningmist Ln
Silver Spring, Maryland 20906
Office: 240-242-4346
Amy's cell: 301-467-1877
Mike's cell: 301-467-5677
David's cell: (301) 706-8254
Fax: 301-598-1446
Email: king@NUMBER1EXPERT.com
Real Estate License: 5191
Amy's email: amyking@mris.com
Mike's email: mking@mris.com
David's email: dnmarshall@hotmail.com

Amy & Mike King have 24 years of combined experience in the Real Estate, Mortgage and Home Building industries! Their specialty is Real Estate in Montgomery County, but also have extensive experience in Howard and Price Georges counties. They are #1 when it comes to helping families make a smooth transition when moving here. Amy & Mike are a successful team who work together with you and for you!

Equal Housing MLS REALTOR


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