Foreclosure Mortgage Terms

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Adjustable Rate Mortgage (ARM):

A mortgage loan or deed of trust that allows the lender to adjust the interest rate. The rate change is agreed to at the inception of the loan.

Amortize:

Repayment of debt with payments of both principal and interest calculated to pay off the debt at the end of a specified time period.

Balloon Mortgage:

A mortgage with installments of principal and interest that do not fully amortize the loan. The balance of the mortgage is due in a lump sum, ...

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14
DEC
0

Categories: Real Estate Blog

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La Canada Real Estate

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La Canada Real Estate Services

With more than 21 years of real estate experience, The Manzo Team offers our clients unparalleled real estate knowledge and expertise. Our agents are always ready to help you regardless of how complicated your real estate needs may be. Whether you are looking for a new or resale homes in La Canada we can help you locate the right home and neighborhood that fits your needs.
Our agents are objective to the positives and negatives of the property ...

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13
DEC
0

Categories: Real Estate Blog

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RE/MAX Agent Earns Hall of Fame Award

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RE/MAX Agent Earns Hall of Fame Award

Sidney Manzo with RE/MAX Tri City Realty Realtors’ Pasadena office recently was presented with the RE/MAX Hall of Fame Award, which honors successful agents who have earned more than $1 million in commissions during their careers with the company.

Mr. Manzo has been working in the real estate industry for more than 22 years and has extensive experience in selling investment, residential properties, bank-owned foreclosure properties and assisting homeowners with short sales.
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12
DEC
1

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Real Estate Social Network

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10
DEC
0

Categories: Real Estate Blog

2821 Paloma St, Pasadena, CA 91107

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Motivated Sellers! North East Pasadena beauty is ready for a new owner. This Mid Century home sits on a tree lined street in a prime neighborhood of Pasadena and is walking distance to the end of the Rose Parade route. It has been updated and upgraded with recessed lighting, a remodeled kitchen, newer dual-paned windows and remodeled bathrooms. This home also features a spacious Living room with a fireplace, formal dining room with French doors, Family room and a Den ...

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29
AUG
0

Categories: Real Estate Blog

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