Judith L. Brown

Real Estate Professional

 

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

WAREHOUSING - The assembling or pooling of mortgages into a package for resale in bulk to other lenders as investments.

WARRANTY DEED - A deed in which the grantor makes five covenants or warranties to protect the grantee.

WATERCOURSE - A flowing body of water such as a river, stream, and some lakes.

WILL - A document that people prepare to dispose of their property when they die.

WRAPAROUND MORTGAGE - Financing property subject to an existing first mortgage. Usually seller financing in which the seller continues to pay the first mortgage while receiving payments from the buyer on the second mortgage. Cannot be done if there is an alienation clause without the permission of the lender.








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

201 E. Camelback Road Freeway, Phoenix, Arizona 85012  Direct(623) 810-4061 Office(602)274-8322 Fax(602) 274-8357
The information and links contained herein may be updated or revised for accuracy