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Real Estate Dictionary: Indianapolis, Carmel, Zionsville and Westfield Indiana home buying, real estate listings, and homes for sale in Marion, Hamilton and Boone County, IN

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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Integrity, Commitment and Professionalism differentiate Christine Hendricks from other local Indianapolis, Indiana REALTORSŽ. Her clients are not only loyal to Christine, they are also loyal to the high standards she represents. Christine has been selling real estate full time for over 14 years and has closed in excess of 125 Million Dollars in Residential Sales. A graduate of Indiana University with over 18 years of marketing experience, Christine resides in Carmel, Indiana with her husband and marketing director, Greg.

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