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 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!
