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Waiver |
The relinquishing of a right |
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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 |
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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 |
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| Q |
What criteria determines the hottest real estate markets?
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| A |
Job/personal income growth; population/household growth; housing affordability/appreciation; and current inventory of homes for sale. |
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Frank Zamarelli
Century-21 North End Realty
960 Middle Country Rd
St. James, NY 11780
Cell: 516-972-8115
Home office: 631-689-0519
Fax: 631-724-5866
Email: fzamarelli@yahoo.com
Email: zfrankjzamarelli@aol.com
Frank Zamarelli is a dedicated Real Estate Professional with many years of experience. Frank is a CBR (certified buyers broker), GRI (graduate of the real estate institute), a PRRA (professional real estate appraiser),a, RECS member, a SRES and a e-Pro. Frank also specializes in waterfront properties, new construction, horse properties, luxury homes, foreclosures, and historical homes. Frank is available 7 days of the week so don't hesitate to contact him today!
     
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