The Real Estate Terms & Real Estate Definitions Real Estate Glossary
This list of Real Estate Terms was compiled into a Real Estate Glossary for informational purposes only to assist our Buyers and Sellers. The Real Estate Terms and Real Estate Definitions are not an exhaustive Real Estate Glossary. Please consult your Home Marketsite Pennsylvania REALTOR or attorney for further advice. The Real Estate Terms & Real Estate Definitions Real Estate Glossary

W

Warranty Deed
A type of deed containing the strongest and most comprehensive promises of further assurance possible for the grantor (seller) to convey to a grantee (buyer).

Wraparound Mortgage
A financing technique in which the payment of the existing mortgage is continued (by the seller) and a new, higher interest rate mortgage, which is larger than the existing mortgage, is paid by the buyer/borrower.

W2 Form
Income tax form that is provided by employers to employees that states the income and taxes paid in a calendar year.