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Popular Real Estate Acronyms Defined

By
Real Estate Broker/Owner with KTHOMES, LLC 100002367

You may have seen these acronyms when searching for real estate.  Here's what they stand for:

DOM * Days on Market

MLS * Multiple Listing Service

CMA * Comparable Market Analysis

FSBO * For Sale By Owner

HOA * Homeowners Association

LTV * Loan To Value

ARM * Adjustable Rate Mortgage

APR * Annual Percentage Rage

PMI * Private Mortgage Insurance

 

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Show All Comments
Elva Branson-Lee
Solid Source Realty GA - Atlanta, GA
CDPE - Atlanta Real Estate & Short Sale Agent

Karen, this post is a delightful idea. I hope you posted it to localism. I'm sure your prospects and neighbors will appreciate this informative explanation of our lingo.  I will probaly borrow it for my own local market.

Mar 10, 2010 02:29 PM
KAREN THOMPSON, GRI, REALTOR
KTHOMES, LLC - Frederick, CO
Colorado Homebuyer Pro

Thank you and yes I did post it to localism.  That was my main objective.

Mar 10, 2010 04:06 PM
Adam Malachi
A 2 Z Realty LLC - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

What a wonderful idea Karen!

Thank you very much for sharing

Mar 12, 2010 01:18 AM
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