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Jun 15, 2021 · Written by MasterClass. Last updated: Jun 15, 2021 • 7 min read. The real estate industry uses several unique acronyms and abbreviations. Understanding these terms can be beneficial for buyers and sellers.
REI – real estate investing REO – real estate owned ROI – return on investment TT - transfer tax Real Estate Contract and Financing Abbreviations AMORT – amortization APR – annual percentage rate ARM – adjustable-rate mortgage CCR – conditions, covenants, and restrictions CFD – contract for deed CLTV – combined loan to value
Mar 20, 2023 · 26. Equity. A percentage of the home’s value owned by the homeowner. 27. Escalation clause. A clause or addendum to a real estate contract or offer that states a buyer is willing to raise his or her offer price to a predetermined amount if the seller receives a higher competing offer for the property.
SFH. Undoubtedly one of the most ubiquitous real estate abbreviations in home listings, "SFH" means single-family home. Distinct from a townhome, condominium or apartment, an SFH is a standalone home that doesn't share walls or utilities with another property. Plus, it is located on its own parcel of land. The occupants of an SFH could be a ...
Real Estate Abbreviations (Real Estate Investors) ARV – After-Repaired Value. CCIM – Certified Commercial Investment Member. COO or C of O – Certificate of Occupancy. CMA – Comparative Market Analysis. COCR or CCR – Cash on Cash Return. COF – Cost of Funds. CRE – Commercial Real Estate. CRE – Creative Real Estate.
Jul 23, 2014 · Real estate agents who use IDX can add its search features to their websites so clients can look at MLS homes. Agents can also work with IDX vendors to add more advanced features, including mobile search functions and WordPress editing tools. These solutions help clients find the home they want to buy much faster.
Jan 13, 2015 · W/D HKUP. Washer & Dryer Hookup. w/. With. WLKIN. Walk-in. WTR. Water. I may have missed some but I compiled the list based on the abbreviations I come across daily on the most commonly used real estate abbreviation in my area - the GSMLS (" Garden State Multiple Listing Service ").
