Igor Real Estate

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You are here: Home / Real Estate Terms / M

M

Majority

The age at which an individual is legally entitled to handle his or her own affairs

Margin

The amount added to the index on an adjustable-rate mortgage (ARM) that establishes the adjusted interest rate at a given time

Market value, or Fair market value

The most likely price that a piece of property or home can realistically be sold for, and is dependent on the selling price of similar real estate in the area

Marketable title

A clear, unencumbered title, reasonably acceptable without the threat of the risk of litigation

Maturity

The date on which the principal balance of a loan, bond, or other financial commitment is due and payable

Mechanic’s lien

A lien created by statute to allow unpaid contractors, laborers or suppliers who have performed work on or furnished materials for the construction of a building to recover the value of their work

Metes and Bounds

Means for describing property by a set of directions and distances, when there isn’t identification based on a surveyed lot number

Minor

An individual below the age at which he or she is legally entitled to handle his or her own affairs

Monumentof Survey

le indications made on natural or man-made objects that indicate the boundaries of a survey

Mortgage

A legal document that pledges a property to the lender as security for the payment of a loan or debt

Mortgage broker

An individual or company that acts as an agent between borrowers and lenders for the purpose of arranging and negotiating mortgage contracts; who is paid a fee for such service

Mortgage insurance

A contract that guarantees the lender against loss caused by a mortgagor’s default on a government or conventional mortgage; such insurance can be issued by a private company or by a government agency, and covers either only a percentage, or the total, of the mortgage loan

Mortgagee

The lender in a mortgage transaction

Mortgagor

The borrower in a mortgage transaction

Multiple-listing service (MLS)

An organization of brokers who share their listing agreements with one another in order to find buyers for their properties more effectively than they could individually

Your South Bay Real Estate Expert

Specializing in the Hollywood Riviera, Palos Verdes, Redondo Beach, Manhattan Beach & Torrance

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I’ll help sell your current home & find your dream home

When it comes to real estate, my goal is to help you achieve your goal. Whether you want to move-up, scale down or find the ocean-view home you always dreamed of, I listen carefully to your real estate needs and then come up with a strategy to achieve your objectives. But don’t just take my word for it — I encourage you to read the letters written my clients (see the testimonial section on this website). I bring the same honesty, integrity and professionalism I brought to these clients to every transaction. And that’s my personal promise to you!

Igor Nastaskin
Re/Max Palos Verdes Realty
inastaskin02@gmail.com
direct: 310-892-6016
DRE: 0131782
Office
63 Malaga Cove Plaza, Palos Verdes Estates, CA 90274
office: 310-378-9494×2349
fax: 310-378-3818

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