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| Everything Realty |
| 208 E. Palmer Street |
| Franklin, NC 28734 |
| Office: 877-601-3638 |
| Fax: 828-349-5764 |
| Email |
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| Real Estate Terms Glossary |
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| Wainscoting |
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| Wood paneling, tongue-and-groove boards or similar material installed between a baseboard and a chair rail. |
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| Waiver |
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| A voluntary relinquishing of certain rights or claims. |
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| Walk-out basement |
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| A feature that allows a door to open onto ground level. |
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| Walk-through |
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| A buyer's final inspection of the home to determine if conditions in the purchase agreement have been satisfied. |
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| Warranty |
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| A legally binding promise to do something in the future. |
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| Wetlands |
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| Watery areas such as swamps, marshes and floodplains. |
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| Wild deed |
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| An improperly recorded deed. |
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| Will |
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| The most basic legal document outlining the disposition of a person's estate in the event of death. |
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| Window light |
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| An individual pane of glass. |
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| Window seat |
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| A bench built under an interior window. |
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| Window well |
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| A curved, corrugated steel insert used to isolate basement windows from moisture if they're below the soil line. |
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| Window well covers |
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| Curved plastic covers designed to be installed on top of a window well to cover the opening. |
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| Wraparound mortgage |
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| A loan to a buyer for the remaining balance on a seller's first mortgage and an additional amount requested by the seller. Payments on both loans are made to the lender who holds the wraparound loan. |
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