Here is an Acronym Glossary with commonly used terms for Las Vegas Real Estate: EMD – Earnest Money Deposit COE – Close of Escrow BPO – Broker Price Opinion REO – Real Estate Owned (AKA Bank Owned) 1031 – IRS Code for Investor Real Estate Exchanges FIRPTA – Foreign Investment in Real Property Tax Act HPP – Home Protection Plan CLUE – Comprehensive Loss Underwriting Exchange (Pertains to Homeowner’s Insurance) CIC – Common Interest Community (aka HOA) HOA – Homeowner’s Association FHA – Federal Housing Authority VA – Veteran’s Administration PTR – Preliminary Title Report SID – Special Improvement District ARM – Adjustable Rate Mortgage HAFA – Home Affordable Foreclosure Alternative HAMP – Home Affordable Modification Program HAP – Homeowner’s Assistance Program (w/ DOD – Department of Defense) DOM – Days on Market MLS – Multiple Listing Service AVM – Automated Valuation Model HVCC – Home Valuation Code of Conduct My Designations & Affiliations: NAR – National Association of Realtors NVAR – Nevada Association of Realtors GLVAR – Greater Las Vegas Association of Realtors REBAC – Real Estate Buyer’s Agent Coucil NABPOP – National Association of Broker Price Opinion Professionals ABR – Accredited Buyer Representative AHWD – At Home With Diversity RSPS – Resort & Second Property Specialist SFR – Short Sale Foreclosure Resource SRES – Senior Real Estate Specialist SRS – Seller Representative Specialist FYI – For Your Information – this page will be updated frequently as I run along extra acronyms!
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Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com
BrokerThe Force Realty-REALTOR-Estate-Probate-REO-Short Sale
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- 7854 W Sahara, Ste 110, Las Vegas, NV, 89117
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What Are the Ingredients in Las Vegas Alphabet Soup?
10 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • January 03 2011 09:43AMContent © 2009 'Frequent Contributors'. Design © 2009 ActiveRain Corp.
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