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Real Estate Dictionary: Carmel, Fishers and Westfield Indiana home buying, real estate listings, and homes for sale in Hamilton 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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I am co-owner of Keller Williams Realty, Indianapolis Metro North. I have my CRS and GRI designations, as well as being a graduate of the Real Estate Academy of Leadership. I was rookie of the year for Graves Real Estate in 1992 and then worked for Century 21 for 10 years. I was a 7-time centurion, achieving the "hall of fame" award and selling over $20 million my last year with them. Although I'm a native Texan, born in Dallas and raised in Ft. Worth, I met my Hoosier husband while I was the Director of Music at Reese Air Force base in Lubbock. As a singer and composer, I have enjoyed working with and for the public and have been inducted into the International "Who's Who" in music. I have taught music at both Texas University and Texas Tech., where I received a Masters and Ph.D. respectively. I bring these creative, people skills to my career in real estate.

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