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Waiver |
The relinquishing of a right |
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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 |
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Warranty deed |
A document conveying ownership of a property
that guarantees a clear, clean title |
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Will |
A written document stating how an individual
chooses to have his or her property distributed after his or her
death |
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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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Did We Miss the Word YOU Are Looking For? Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let us know! We always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...
| Q |
What is currently the most technologically advanced way to vacuum your home?
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| A |
The self-propelling Dyson DC06 scans and maps a room with sensors and is controlled by built-in computers that prevent it from falling downstairs. |
 See More Real Estate Trivia > |
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Eric Burch and Ann Burch
Crye-Leike Realtors, Jonesboro Branch
2907 South Caraway
Jonesboro, AR 72401
Eric's Cell: 870.919.4968
Ann's Cell: 870.243.1332
Office: 870.268.4008
Fax: 870.931.1430
Main E-Mail: eric@ericburch.com
The name Eric Burch is synonymous with excellence in the Jonesboro real estate market. In 2006, our first year in real estate, we had 45 transactions, 4.5 million in sales and were awarded "Rookie of the Year" by the Jonesboro Board of Realtors. In 2007, we had 80 transactions, 12 million dollars in sales, named #1 in sales at the Jonesboro Branch of Crye-Leike Realtors, named "Jonesboro Local Favorite Realtor" by The Sun Newspaper, and awarded the Multi-million Dollar Sales Award. For 2008, we have set a goal to reach the 20 million dollar mark. Wouldn't you like to be a part of these numbers? Eric has definitely made a name for himself and these awards and increasing sales numbers are proof that he and his team are willing to go that extra mile for their clients. With The Eric Burch All Star Team you are not getting just one realtor. You are getting a whole team on your side.
This team consists of three realtors, a marketing specialist and a virtual assistant. Eric's wife, Ann, is a licensed realtor and works as Eric's full-time assistant and closing agent. This year we added Richard Wimberley, a licensed agent, as a buyer specialist to concentrate on the specific needs a buyer has in search for a home. And most recently, we have added Kellie Bridges as a marketing specialist to work directly with the seller. This team has proven success and is willing and able to work for you. Give us a call today!    
 
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