Tuesday, April 20, 2010

What Does That Mean?

The internet has become THE place to start a search for a new home.  With IDX feeds, information that real estate agents enter is now blasted all over the internet within minutes.  Information that was once meant only for other agents is now available for all to see.  Have you ever wondered what all those abbreviations mean?  I get asked to decode it all the time so I thought I would share some with you.  If you have others you would like me to unravel or have some of your own to post, feel free...

COE= Close of Escrow
BTVABCOE=Buyer To Verify All Before Close Of Escrow
REO= Real Estate Owned=Bank Owned
L/A=List Agent=Seller's Agent
N/K=None Known
HOA=Home Owners Association
SS=Short Sale
SS-A=Short Sale Approved
BOM=Back On Market
Pls=Please
MLS= Multiple Listing Service
EMD=Earnest Money Deposit=Good Faith Deposit
POF=Proof Of Funds
CC=C Costs=Closing costs

FP=Frplc=Fplc=Fire Place
FDR=Formal Dining Room
Pvt=Private
Vws=Vu=Views
Pwdr rm=Powder Room=1/2 Bath=Toilet and Sink
Schls=Schl=Schools
Nr=Near
HW=HWF=Hardwood Floors
AC=A/C=Air Condintioning

1 comment:

Parker said...

I am glad to see that you are taking part in the event like this so I'd like to tell you about the North Carolina Real Estate Agent so go for that and feel the difference.

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