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You are here: Home / Real Estate Terms / N

N

NATIONAL ASSOCIATION OF REALTORS®(NAR)

A real estate trade organization that sets the standards for integrity and honesty within the real estate profession nationwide

Negative amortization

A gradual increase in the balance of a loan or mortgage which occurs because the monthly payments made are too small to cover the entire principal and interest charges; this shortfall amount is added to the remaining balance, resulting in negative amortization

Net listing

The advertisement of the price of property for sale in terms of the net price the seller will receive, once the property is sold, a type of listing which is illegal in many states

Net worth

The total value of all of an individual’s assets, minus all liabilities or debts

No cash-out refinance

A transaction for refinancing a mortgage in which the new mortgage amount is limited to the sum total of the remaining balance of the first mortgage, points, closing costs, whatever is required to satisfy any liens that are more than one year old and other funds for the borrower’s use (as long as the amount is one percent or less of the principal amount of the new mortgage)

Notary

An individual authorized by law to certify documents and signatures

Note

A legal document that obligates a borrower to repay a loan or owed sum of money at a stated interest rate over a designated period of time

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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