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Real Estate Dictionary: Plymouth, Northville and Canton Michigan home buying, real estate listings, and homes for sale in Gogebic County, MI

Welcome > Resources > Real Estate Dictionary - A

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

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Mike & Mary Gladchun, REALTORŽ, real estate agents and broker for Plymouth, Northville and Canton Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Mike & Mary Gladchun
RE/MAX on the Trail
1000 West Ann Arbor Trail
Plymouth, MI. 48170
Office: 734-459-1234
Toll Free: 800-784-8406
Cell/Pager: 734-358-0700
Fax: 734-459-1292
Email: MikeandMary@NUMBER1EXPERT.com
Nobody sells more real estate in Plymouth than Mike and Mary Gladchun! Why? Probably because we are long-time Plymouth residents who truly care about our clients and are personally available 24x7. Plus we work fluidly as a team & deliver more visibility in the most effective (print & internet) places for our listed properties than any other Realtor. We sell a house every 2.5 days & consistently close $30,000,000+ in sales each year, which places us above 99.75% of all other Realtors. We take pride in having achieved graduate (MBA & MS) degrees and the real estate professions most important professional credentials (Broker, ABR & CRS), as well as for accomplishing the highest (Lifetime Achievement, Hall of Fame, Platinum) awards granted by RE/MAX International. Our clients sum it all up best by saying we are so successful because we actively support our community while always going a step above & beyond other Realtors by blending state of the art technology with personalized service & meticulous attention to detail for every client. Youre sure to net satisfying results when you Experience the Difference that we make. We look forward to meeting you! Mike & Mary Gladchun

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