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Stewart J Lowe

All agents are NOT alike! Find out why I am a top real estate expert. Call me with any questions or help you may need: (403)-850-0669.

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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 famous building receives a fresh coat of 300 tons of reddish-green paint every seven years?

A 
The Eiffel Tower in Paris, France.
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Stewart J Lowe, REALTOR®, real estate agent and broker for Elbow Valley Estates, Calgary, Springbank and Bearspaw, Alberta home listings, property and land for sale - NUMBER1EXPERT(tm)

Stewart J Lowe
RE/MAX Real Estate Central

#206, 2411 - 4th Street NW
Calgary, AB T2M 2Z8
403-850-0669
Fax: 403-547-5195
StewartJLowe@NUMBER1EXPERT.com

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