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Real Estate Dictionary: Lake Travis, Lakeway and Barton Creek Texas home buying, real estate listings, and homes for sale in Travis and Williamson County, TX

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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The Monica Pottorff Group, REALTORŽ, real estate agents and broker for Lake Travis, Lakeway and Barton Creek Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Monica Pottorff Group
Capital City Sotheby's International
2802 Flintrock Trace
B-104
Austin, TX. 78738
Cell: (512) 825.8891
Office: (512) 261.0008
Fax: (512) 261.0009
Email: monica@monicapottorff.com
The Monica Pottorff Groups business philosophy is built on creating long-term relationships with our clients, and because of it, we are one of the top teams in the city of Austin, Texas. The large referral business we receive reinforces our mission to customize our services to meet each and every situation and to provide professional and personable customer service. Monica is a member of GRI, (Graduate Real Estate Institute), ePRO, (Internet expertise), and ABR, (Accredited Buyer Representative). She is also very proudly involved in numerous philanthropic organizations including Any Baby Can, the Junior League of Austin, the Ballet Austin Guild, Make-A-Wish Foundation, and Austin Childrens Shelter. We specialize in the Lake Travis and West Austin areas and in luxury, lakefront, lake view, golf course and gated communities. You are guaranteed a first class experience with the Monica Pottorff Group. Call us if you are planning to buy, sell or build residential real estate anywhere in beautiful Austin or in surrounding areas such as Dripping Springs, Cedar Park or Round Rock.

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