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 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
flr :
floor
nsd :
finished
frplc, fplc, FP :
fireplace
rmet kit :
Housing and Urban Development
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. Tip: Verify actual potential by checking local zoning restrictions prior to purchase.
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. Tip: Sometimes, local zoning codes restrict rentals of such units so be sure the conversion is legal first.
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!
Central Ohio Real Estate Resources
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 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!