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CENTURY 21 Select Group
Lake Harmony Office
PO Box: PO BOX 309
Lake Harmony, PA, 18624
Office: (570) 722-9222
TOLL FREE (800) 336-2078
Fax: (570) 722-8820
Lic. #: RB 040536A
Syndicate
Real Estate Glossary W PDF Print E-mail
We take pride in providing our Real Estate buyers and sellers with all the answers to common real estate questions. Our goal is to make all your real estate transactions in the Mountains go as smoothly as possible.

 


Wainscoting

Wood paneling, tongue-and-groove boards or similar material installed between a baseboard and a chair rail.

Waiver

A voluntary relinquishing of certain rights or claims.

Walk-out basement

A feature that allows a door to open onto ground level.

Walk-through

A buyer's final inspection of the home to determine if conditions in the purchase agreement have been satisfied.

Warranty

A legally binding promise to do something in the future.

Wetlands

Watery areas such as swamps, marshes and floodplains.

Wild deed

An improperly recorded deed.

Will

The most basic legal document outlining the disposition of a person's estate in the event of death.

Window light

An individual pane of glass.

Window seat

A bench built under an interior window.

Window well

A curved, corrugated steel insert used to isolate basement windows from moisture if they're below the soil line.

Window well covers

Curved plastic covers designed to be installed on top of a window well to cover the opening.

Wraparound mortgage

A loan to a buyer for the remaining balance on a seller's first mortgage and an additional amount requested by the seller. Payments on both loans are made to the lender who holds the wraparound loan.
Last Updated ( Wednesday, 08 November 2006 )
 
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