REAL ESTATE ABBREVIATIONS

Common in the Sale and Purchase process of real estate.

  • AFD – Agreement For Deed

  • AITD – All Inclusive Trust Deed

  • APR – Annual Percentage Rate

  • ARM – Adjustable Rate Mortgage

  • ARV – After-Repaired Value

  • BOA – Bank of America

  • BOM – Back On Market

  • BOR – Board of Realtors

  • BPO – Broker’s Price Opinion

  • CAD – County Appraisal District

  • CAP – Capitalization

  • CCIM – Certified Commercial Investment Member

  • CCR – Conditions, Covenants, and Restrictions

  • CFD – Contract for Deed

  • CLTV – Combined Loan To Value

  • CMA – Comparative Market Analysis

  • COCR – Cash on Cash Return

  • COF – Cost of Funds

  • COO – Certificate of Occupancy

  • CRB – Certified Residential Broker

  • CRE – Creative Real Estate

  • CRS – Certified Residential Specialist

  • DBA – Doing Business As

  • DCR – Debt Coverage Ratio

  • DOS – Due On Sale Clause

  • DOT – Deed of Trust

  • DSCR – Debt Service Coverage Ratio

  • FCRA – Fair Credit Reporting Act

  • FFE – Furniture, Fixture, and Equipment

  • FHA – Federal Housing Administration

  • FHLMC – Federal Home Loan Mortgage Corporation, Freddie Mac

  • FMR – Fair Market Rent

  • FMV – Fair Market Value

  • FNMA – Federal National Mortage Association, Fannie Mae

  • FRBO – For Rent by Owner

  • FSBO – For Sale by Owner

  • GMAC – General Motors Acceptance Corporation

  • GRM – Gross Rent Multiplier

  • HELOC – Home Equity Line of Credit

  • HML – Hard Money Lender

  • HOA – Homeowners Association

  • HUD – Housing and Urban Development

  • L/O – Lease Option

  • L/P – Lease Purchase

  • L/S – Landlord Seller

  • LIBOR – London Interbank Offering Rate

  • LLC – Limited Liability Company

  • LOC – Line of Credit

  • LOI – Letter of Intent

  • LP – Limited Partnership

  • LPOA – Limited Power of Attorney

  • LTV – Loan to Value

  • MAI – Member Appraisal Institute

  • MAO – Maximum Allowable Offer

  • MIP – Mortgage Insurance Premium

  • MLS – Multiple Listing Service

  • MUD – Municipal Utility District

  • NAR – National Association of Realtors

  • NDNC – Non-Disclosure Non-Compete Clause

  • NIV – No Income Verification

  • NNN – Triple Net Lease

  • NOD – Notice of Default

  • NOI – Net Operating Income

  • NOO – Non-Owner Occupant

  • O/F – Owner Finance

  • OO – Owner Occupant

  • P&S – Purchase and Sale

  • PITI – Principal Interest Taxes Insurance

  • PM – Private Money

  • PMI – Private Mortgage Insurance

  • POA – Power of Attorney

  • PUD – Planned Unit Development

  • REI – Real Estate Investing / Real Estate Investor

  • REIA – Real Estate Investors Association

  • REIT – Real Estate Investment Trust

  • REO – Real Estate Owned

  • ROI – Return On Investment

  • RTO – Rent to Own

  • SFH – Single Family House

  • SFR – Single Family Residence

  • SS – Short Sale

  • Sub2 – Buying property subject to existing financing

  • T/B – Tenant Buyer

  • TAA – Texas Apartment Association

  • TAR – Texas Association of Realtors

  • TIL – Truth In Lending

  • TREC – Texas Real Estate Commission

  • UBIT – Unrelated Business Income Tax

  • UCC – Uniform Commercial Code

  • VA – Department of Veterans Affairs / Veterans Administration

  • HVAC – Heating, Ventilation and Air Conditioning

  • IRA – Individual Retirement Account

  • IRC – Internal Revenue Code

  • IRR – Internal Rate of Return

  • IRS – Internal Revenue Service

USEFUL LINKS

SELLER TOOLS

House Selling Checklist
For Sale By Owner Websites
Free Credit Report
House Value Calculators
Get Expert Selling Advice
Mortgage Payment Calculator

COMMON PROBLEMS

Relocation - Damaged Homes - Behind on Payments - Pre Foreclosure - Retiring - Tax Liens - Estate Homes - Vacancy - Divorce - Expired MLS - Inheritance - Loan Modification Denied - Bad Tenants - Bad Realtor - Bad Neighborhood - No Offers - Death in the Family - Bankruptcy - Job Loss - Owe More Than is Worth

USEFUL LINKS

Fannie Mae Know Your Options
Making Homes Affordable
Federal Housing Finance Agency
Us Department of Housing
Real Estate Investment Associations
How To Sell Your House Fast in 2021