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Real Estate Dictionary: Scarsdale, Eastchester, and New Rochelle New York home buying, real estate listings, and homes for sale in Westchester County, NY

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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Frank Ledermann, REALTORŽ, real estate agent and broker for Scarsdale, Eastchester, and New Rochelle New York home listings, property and land for sale - NUMBER1EXPERT(tm)

Frank Ledermann - Lic. Associate Broker
Houlihan Lawrence Real Estate
32 Popham Road
Scarsdale, NY 10583
Phone #: 914 723-8877 Ext 337
Cell #: 914-261-8888
Fax #: 914-723-3548
Email: frankledermann@NUMBER1EXPERT.com
With over 28 years of experience as a Realtor, Frank Ledermann of Houlihan Lawrence Real Estate of Scarsdale was a 2004 Gold Level Top Producer a 2005 and 2006 "Platinum Level," and 2007 "Diamond Level" Top Producer for the Westchester County Board of Realtors. He was also the #1 Top Producer for the Scarsdale office of Houlihan Lawrence for 2005, 2006,and 2007 as well as an Emerald Level residential real estate specialist who ranks in the top 3% of all Houlihan Lawrence agents. Frank prides himself on excellent customer service and making each and every real estate transaction a smooth experience for both Buyers and Sellers. As a lifelong learner, Frank has continued his real estate education above and beyond being a Licensed Associate Broker, and holds the following professional real estate designations: ABR (Accredited Buyer Representative), CBR (Certified Buyer Representative), CRS (Certified Residential Specialist), GRI (Graduate, Realtor Institute), SRES (Seniors Real Estate Specialist), and e-PRO (e-PRO certified). Frank is also Relocation Certified with "Leading Real Estate Companies of the World" (formerly known as RELO).

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