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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
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Patty Williams Williams and Associates, Realtors 601 South Third Street Terre Haute, IN. 47807 Office: 812-232-6015 Mobile: 812-208-7738 Toll-Free: 800-568-3044 Fax: 812-234-7082 Email: Patty@PattyWilliams.com
With 28 years experience, Patty has helped more than 2500 families for more than $260 million in lifetime transactions. She has both her Indiana and Illinois Real Estate Brokers licenses, and holds the GRI, Graduate Realtors Institute, professional designation from Indiana. As a principal in Williams & Associates, she is part of a team of realtors that are a top selling firm in the area.
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