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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
Is there a real estate word that I failed to explain here in my dictionary for homebuyers and sellers? Let me be your personal real estate dictionary! I'll send a brief explanation of any word or term that you encounter when buying and selling property.
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Catherine Favara is one of the Top Agents in the Borough of Brooklyn. She has over 24 years proven track record! Experienced assistants work exclusively for Cathy to provide SUPERIOR SERVICE! State of the art computer technology allows Cathy to provide fast efficient service to her clients.
SPECIALIZING IN:
Marketing of Residential Properties, Relocation Director, Conservator & Executor of Estates, Foreclosure & Short Sales, Overseer of all Real Estate Transactions.
TITLES AND CERTIFICATIONS:
2007 President of Women’s Council of Realtors, Brooklyn Chapter
2009 President Elect for Women’s Council of Realtors, New York State
2004 Realtor Associate of the Year
2009 Vice President of Brooklyn Board of Realtors
GRI & CRS Designations
**President’s Elite** 1996-2007
Certified Relocation Director
Mike Ferry Superstar Program
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