Assumption

Assumption A homebuyer’s agreement to take on the primary responsibility for paying an existing mortgage from a home seller.   For other words and definitions related to real estate auctions CLICK THIS BUTTON For all active auctions, and properties for sale CLICK...

Warranties

Warranties Written guarantees of the quality of a product and the promise to repair or replace defective parts free of charge.   For other words and definitions related to real estate auctions CLICK THIS BUTTON For all active auctions, and properties for sale...

Walk-Through

Walk-Through A common clause in a sales contract that allows the buyer to examine the property being purchased at a specified time immediately before the closing, for example, within the 24 hours before closing.   For other words and definitions related to real...

VA Guaranteed Loan

VA Guaranteed Loan A mortgage loan that is guaranteed by the U.S. Department of Veterans Affairs (VA).   For other words and definitions related to real estate auctions CLICK THIS BUTTON For all active auctions, and properties for sale CLICK THIS BUTTON Contact...