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

Real Estate Tips First Time Buyers >Making Your Dream Home Come True Is it time to initiate the purchase of your first home? You may be starting a family and outgrowing your small apartment. If the time seems right to seriously consider buying a house, but you are afraid you don't have enough cash, don't worry! Real estate agents are experienced in helping first-time buyers locate the financial resources to make such a move. The first step is to sit down with an agent who is familiar with available loan programs. You will need money for the down payment, and your income must be high enough to meet the lender's qualifying standards. Real estate agents may be able to minimize the amount of cash needed with a little help from either the sellers or the loan company. You might be able to include some of the closing costs in your mortgage. The sellers might consider a lease/purchase agreement which would allow you to rent for a few months while accumulating the funds you need. If you are ready to buy your first home, let your real estate agent assist you in making your dream a reality. See All Tips In The "First Time Buyers" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories > Real Estate Trivia Q  What vast and beautiful territory is named with an Indian word meaning "Big Village"? A  Canada See More Real Estate Trivia >

---

Susan Gibson Valley Real Estate Brokers, LLC 28 Imperial Drive Staunton, VA 24401 Susan 's cell: 540-487-1000 Fax: 540-213-8701 Susan's Office: 540-487-1000 Info@BuyValleyHomes.com Licensed To Sell Real Estate In The Commonwealth Of Virginia www.BuyValleyHomes.com is brought to you by Susan Gibson, real estate for Waynesboro, Staunton, Fishersville, Stuarts Draft and Augusta County, Virginia Read Susan Gibson' Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

---

NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.