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 Insurance >Hazard Insurance Are you considering taking out hazard insurance on a property before you actually take title? It may be a good idea! Even though you are not yet the owner of record, as the buyer, you have an insurable interest in a property the moment that you and the seller execute the sales agreement. As a matter of practice, however, buyers do not usually take out insurance until the papers change hands, and it should not be necessary if the agreement of sale is properly executed. It is very important to both parties that the agreement states that the property will be insured for a specific amount. From the buyer's point of view, an adequate sum must be stipulated, and the agreement should not read "as now insured", which can indicate that the seller may not want to increase the insurance. As a general rule, the amount of insurance on the buildings on a property should equal the sales price, less the value of the lot. See All Tips In The "Insurance" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories > Real Estate Trivia Q  What was the first territorial acquisition made by the U.S. Government? A  The Louisiana Purchase from France in 1803 for $15,000,000 increased U.S. national territory by 140%. See More Real Estate Trivia >

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Vickie Polston Keller Williams, River Cities Specialist 2440 Adobe Rd. Bullhead City, AZ 86442 Tel: 928-727-2501 Fax: 928-768-2516 Email: vickieandchuckpolston@NUMBER1EXPERT.com As residents of Mohave County Arizona, I have become familiar with land and homes of the Tri- State area. My passion for the Colorado River and the community surrounding the area, golfing and gaming at the local casinos in Laughlin, Nevada has not only given us a look into the community's future home growth but allowed me to develop a reputation for marketing, follow-up skills and motivation. As your local Arizona Realtor in Mohave County, I will work harder and longer to find the right lots, property, home, or investments to meet the needs of my clients. Throughout my years in the Mohave Valley area, I have developed a network of investors and contacts to better serve the needs of my clients. Whether you are buying, selling acreage, new or used homes, or investing with me as your Arizona Realtor "no phone call will go unanswered, and no appointment will be missed!" www.VickiePolston.com is brought to you by Vickie Polston, real estate for Bullhead City, Mohave Valley and Fort Mohave, Arizona Read Vickie Polston's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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