Real Estate Dictionary

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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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Selling Your Home >Why Is It Not Selling

If you are selling your home and it has been on the market for several months, you might start to wonder why it just isn't moving. How can you introduce some extra energy into the sale?

The first thing you should do is have a frank talk with your real estate agent in order to get feedback from prospective buyers who have seen your home, and other agents who have shown it. Does your home look its best? Is it accessible for agents to show on short notice? Is the price in line with the rest of the market? Do you need to consider neutralizing any strong decorating features that may not have wide appeal?

Getting your home sold is a collaborative effort between you and your real estate agent. It is important for your agent to market your property aggressively, but you must do your part to ensure that buyers see a home that is as appealing as it can be. Ask your agent for any new ideas that will create results.

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Real Estate Trivia

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What five basic components of a "smart home" can be controlled by technology?

A 
Lighting and window treatments, security and access control, data communication, environmental/energy management, and audio/video entertainment can all be operated by a "smart home".
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Julie Longtin, REALTORŪ, real estate agent and broker for Providence and Cranston, Rhode Island home listings, property and land for sale - NUMBER1EXPERT

Julie Longtin
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Providence, Rhode Island 02903
Phone: 401-277-9700
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Email: julielongtin@aol.com

Julie Longtin has been a licensed real estate salesperson since 1991 and was also a licensed real estate appraiser from 1994-1999. Through these years of experience Julie had a large production--annually in the multi-million dollar range pertaining to the conveyance of real estate. Through her knowledge as a real estate appraiser, she procured an in-depth understanding of market value, physical components contained within homes, changing markets, and translating market indicators in order to benefit her clients.

Julie has received numerous awards and is most proud of being the youngest woman in Rhode Island inducted into the RE/Max Hall of Fame in 2004. Additionally, she was ranked 7th in Rhode Island by RE/MAX for individual sales production, recognized by national publisher "MacDonald Advertising Services" for excellence and ingenuity in Real Estate Classified advertisement, and published in "Money Magazine" June 2006 in article "After the Boom". Julie also held the position of Team Leader (CEO) of Keller Williams of Central RI.

"Whether you are a first time homebuyer or liquidating a real estate portfolio, or acquiring one, I can assist and consult with you regarding any real estate transaction." -Julie Longtin

Equal Housing MLS REALTOR


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