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Real Estate Dictionary: Bay Head, Spring Lake and Brick New Jersey home buying, real estate listings, and homes for sale in Ocean and Monmouth County, NJ

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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Carol Taylor and Peter Tobia, REALTORŽ, real estate agents and broker for Bay Head, Spring Lake and Brick New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Carol Taylor and Peter Tobia
Childers Sotheby's International Realty
Point Pleasant Beach / Bay Head Area , NJ. 08742
732-735-5114
732-735-5114
Peter's Cell: 908-331-0669
Fax: 732-714-8492
Email: CarolTaylor@NUMBER1EXPERT.com
Carol and Peter are NUMBER 1 EXPERTS who are uniquely equipped to guide you in buying or selling Real Estate at the Jersey Shore.

"We truly care about the wants and needs of our clients, whether you are buying or selling. Our NUMBER 1 priority has always been to provide polite, honest and exceptional service to all our clients. We specialize in Oceanfront, Barnegat Bay, Barnegat Beach Island and local waterway communities and finer neighborhoods along the Jersey Shore."

Carol is a licensed Broker/Sales Associate, has a Graduate Realtor Institute designation and over 25 years of Real Estate sales experience, as well as dozens of sales awards for outstanding achievements.

Peter is a licensed Realtor and a licensed Professional Engineer, with extensive residential building and development experience and knowledge. He has lived and worked in Monmouth and Ocean Counties for 23 years and has first hand knowledge of some of their finer communities including Bay Head, Spring Lake, Manasquan, Wall and Brick.

Find out why Money Magazine has named the Monmouth /Ocean County region as "One of the best places to live in the nation several years in a row. Come join us for another day in Paradise at the Jersey Shore! We are the Spring Lake, Bay Head and Ocean County NUMBER 1 Real Estate EXPERTS.

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