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

Real Estate Tips Pricing >Overpriced In the real estate world, a large group of people are looking to buy homes at any given time. These are the seller's best prospects. This ready group of buyers is wasted, however, if your house is overpriced. People who have been shopping around and are accustomed to comparing properties will probably refuse to look at your home with an unrealistic price tag. You and your real estate agent may know that you would sell for $10,000 less, but the buyers do not know this. As a result, your overpriced property receives little attention. Don't be fooled into thinking that your house is worth more than someone is willing to pay for it, or that it's just a matter of waiting for the "right" buyer to show up. Surveys show that the longer a house is on the market before being sold, the greater the drop in price from the listing price when it does sell. The buying public eventually sets an accurate price. An overpriced house just sits on the market, waiting for a price adjustment before it will attract a buyer. See All Tips In The "Pricing" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories > Real Estate Trivia Q  What famous person said this? "Real Estate is the best investment in the world because it is the only thing they're not making anymore!" A  Will Rogers, who began his career as a rope-throwing cowboy and later became a famous stage and film star. See More Real Estate Trivia >

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The DeLois Smith All Star Team, REALTORS® Experience the Power of a Team 4 Willow Bend, Suite 2A Hattiesburg, MS. 39402 1-800-335-6477 Oak Grove Office: 601-545-3900 Oak Grove Fax: 601-264-7300 Petal Office: 601-450-1683 Petal Fax: 601-450-1685 Email: info@deloissmith.com The DeLois Smith All Star Team, REALTORS brings you over 200 years of accumulated experience along with the most innovative marketing strategies in the real estate industry. Put The DeLois Smith All Star Team, REALTORS® to work for you as you consider your next home sale or purchase. Experience the team approach to real estate and make us your REALTOR® for life! See how The DeLois Smith All Star Team, REALTORS® really is bringing Hattiesburg home again and again ™. www.deloishomes.com is brought to you by DeLois Smith All Star Team, real estate for Hattiesburg, Mississippi Read DeLois Smith All Star Team's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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