Getting a Hand of Real Estate Lingo

Even if you've purchased a home before, you may still find the terms and acronyms used in the real estate

industry a little baffling. What in the world does "4B/2B" mean anyway? Here's a quick list that will help you

get a handle on the most common lingo you're likely to come across.

FP.bathrooms. So, in this case, there are four bedrooms

Fireplace. It might also indicate type. For example, FP-gas.

DK.

Deck.

4B/2B.

The first number refers to bedrooms; the second,

and two bathrooms. (Sometimes the letters are left out, so you might see "4/2" in a property description.)

HDW or HWF.the house that can be converted into a separate apartment.

Hardwood floors.

In-law potential.

This refers to a basement or other section of

MLS.

Multiple Listing Service. This is a service that provides its

information on all the properties for sale in the area.

members, primarily REALTORS®, with detailed

Closing costs.

These are the additional costs that are due from

land transfer tax, and other costs.

the buyer upon closing and often include lawyers fees,

AC or A/C.

Air conditioning.

WD or W/D.

Washer/Dryer.

Fin W/O.

Finished walkout.

Of course there are many other buzzwords and acronyms you're bound to come across when you shop for

a home. Don't be afraid to ask what they mean.  Interested in more tips on how to make your home

huntingexperience go smoothly? Call today.