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

Selling Your Home >Child Proof Before Showing

As you prepare your home for the market, keep in mind that some of the people who will look at your home may bring along small children. Families with children may be looking for a larger home with more bedrooms and a bigger yard.

Prospective buyers will be accompanied by a real estate agent while touring your home, but that doesn't guarantee that the children will be supervised the entire time they are in your home. Every real estate agent has a story of a little person grabbing a Steuben apple from a low shelf, or of a toddler running full speed to the edge of a high deck.

Preparing your home to show involves common sense, such as removing sharp or breakable objects from low shelves and making sure that electric appliances don't have dangling cords that little hands can reach. If there is a possibility of falling from a porch or deck, place a visible note advising parents to supervise small children. Some sellers keep a few toys around to entertain young house hunters while their parents are looking at the home.

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Real Estate Trivia

Q	What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?
A	Conventional mortgages are private sector transactions that are not insured or guaranteed by the government.
See More Real Estate Trivia >

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Carol Gilles The Real Estate Group 3480 Torrance Bl # 100 Torrance, CA. 90503 CA DRE# 00803846 Cell: 310-864-9738 Fax: 310-534-4436 Email: carol@carolgilles.com Carol Gilles has been in real estate in the South Bay area since 1979. She has been awarded Top Producing Agent seven years, and is a multi-million dollar producer. She guides all her clients through all of their real estate need with exceptional experience and professionalism. Carol Gilles is America's NUMBER1EXPERT™ in real estate for the Torrance area. So contact her today! DRE# 00803846 www.beachcitiesonline.com is brought to you by Carol Gilles, real estate for Torrance, California Read Carol Gilles' Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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