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Doug Barry
 Associate Broker

 Long & Foster
 Real Estate, Inc.
 
10801 Tony Drive
 
Lutherville, MD 21093

 Direct 410-207-4751
 Office 410-583-5700

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      Realty Complete
       Real Estate Terms
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


FIND THE DEFINITION FOR ANY REAL ESTATE TERM

Click on the letters above for terms beginning with that letter, and then click on the term below.

Don’t see a term here?  Feel free to ask us.  (Unfortunately, however, we cannot give you real estate or legal advice.)

WALK-THROUGH – A final tour of a property by a buyer, prior to settlement, to verify that the terms of a sales contract are being met, and that the property is being conveyed to them in satisfactory condition.

WARRANTY DEED – A deed that warrants the title to a property (NOT the condition of the property).  In a GENERAL (or FULL) WARRANTY DEED, the grantor warrants the title all the way back in time.  A SPECIAL WARRANTY DEED only covers the time that the grantor owns the property.

WRAPAROUND – A type of loan where the lender assumes the original loan on a property, plus loans additional money to the borrower.  The borrower makes one payment to the lender, and the lender continues to make payments on the original loan.

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