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Real Estate Abbreviations

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Ever wonder what all these Real Estate abbreviations mean? We can help, have a look at the top abbreviations most commonly used in our industry.

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Real Estate Abbreviations

  1. 1. Real Estate’s Most Common Abbreviations Evan Russell The Russell Realty Group
  2. 2. Housing • HUD: Housing and Urban Development • FEMA: Federal Emergency Management Agency • FHA: Federal Housing Administration • FCRA: Fair Credit Reporting Act • REC: Real Estate Commission Evan Russell | The Russell Realty Group www.evanrussell.com #trrg 3
  3. 3. Lending • APR: Annual Percentage Rate • PITI: Principal, Interest, Taxes And Insurance • FRM: Fixed-rate Mortgage • FMV: Fair Market Value • HEL: Home Equity Loan • LTV: Loan to Value Evan Russell | The Russell Realty Group www.evanrussell.com #trrg 4
  4. 4. Lending Continued... • TIL: Truth in Lending • Mtg: Mortgage • NOI: Net Operating Income • HEL: Home Equity Loan • LOI: Letter of Intent Evan Russell | The Russell Realty Group www.evanrussell.com #trrg 5
  5. 5. Housing • HVAC: Heating, Ventilation and Air Conditioning • A/C: Air Conditioning • CVAC: Central Vacuum • Stor: Storage • FP: Fireplace • BSMT: Basement • sq ft: Square Feet • HWF: Hardwood Floors Evan Russell | The Russell Realty Group www.evanrussell.com #trrg 6
  6. 6. Real Estate Marketing • CMA: Comparative Market Analysis • NAR: National Association of REALTORS • FSBO: For Sale By Owner • REO: Real Estate Owned • HOA: Home Owners' Association • CO: Certificate of Occupancy • SFD: Single Family Detache Evan Russell | The Russell Realty Group www.evanrussell.com #trrg 7
  7. 7. Real Estate Closings • POA: Power of Attorney • P&S: Purchase and Sale • HOA: Home Owners' Association • PO: Principal Only Evan Russell | The Russell Realty Group www.evanrussell.com #trrg 8
  8. 8. Thank You For more information on these abbreviations or questions about all things Real Estate, please visit: www.evanrussell.com www.thebostonmls.com @workwithevan facebook.com/therussellrealtygroup Evan Russell | The Russell Realty Group www.evanrussell.com #trrg 9

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