Abbreviations Commonly Used in Real Estate Advertising
If you find yourself stumbling over strange abbreviations and acronyms in a real estate listing, don't be alarmed. There is method to the madness! This shorthand is adopted to save ad space and/or save money in advertising charges. Here are the meanings behind some commonly used abbreviations and acronyms:
Investing & Financial Terms
| ARM | adjustable rate mortgage |
| ARV | after-repaired value |
| CMA | comparative market analysis |
| CRE | commercial real estate |
| FCRA | Fair Credit Reporting Act |
| FSBO | for sale by owner |
| HOA | homeowners association |
| HUD | Housing and Urban Development |
| I/O | interest only (loan) |
| LOC | line of credit |
| LOI | letter of intent |
| PMI | private mortgage insurance |
| POF | proof of funds |
| PITI | principal, interest, taxes, and insurance |
| SFR | single-family residence |
Interior Features
| BR | bedroom |
| dk | deck |
| clng | ceiling |
| ctop | countertop |
| FDR | formal dining room |
| flr | floor |
| nsd | finished |
| frplc, fplc, FP | fireplace |
| rmet kit | gourmet kitchen |
| HDW, HWF, Hdwd | hardwood floors |
| hi ceils | high ceilings |
| J&J | Jack & Jill Bath |
| pwdr rm | powder room, or half-bath |
| SSV | solid surface veneer |
| s/s, SS | stainless steel |
| sty | story |
| unfnsd | unfinished |
| upr | upper floor |
| vltd | vaulted |
| vw, vu, vws, vus | view |
| w/b | wood burning |
Exterior & Property Features
| expansion pot'l | may be extra space on the lot, or possibly vertical potential for a top floor or room addition.
|
| fab pentrm | fabulous pentroom, a room on top, underneath the roof, that sometimes has views |
| gar | garage (garden is usually abbreviated "gard") |
| In-law potential | potential for a separate apartment.
|
| large E-2 plan | this is one of several floor plans available in a specific building |
| lsd pkg. | leased parking area, may come with an additional cost |
| nr bst schls | near the best schools |
Resources:
"Real Estate's Ambiguous Language You Oughtta Understand," Glennon H. Neubauer, Ethos Group Publishing, Diamond Bar, CA; 1993.
Central Ohio Real Estate
If you have any questions, or you're ready to get started buying or selling a home in Central Ohio, contact a top Central Ohio Realtor, DeLena Ciamacco today!
