What do all of those real estate acronyms in the ads mean?

If you find yourself stumbling over weird acronyms on a Durham North Carolina and the Triangle Real Estate  listing, don't be alarmed. There is method to the madness of this shorthand (which is mostly adopted by sellers to save money in advertising charges). Here are some abbreviations and the meaning of each, taken from a recent newspaper classified section:

* assum. fin. -- assumable financing

* dk -- deck

* gar -- garage (garden is usually abbreviated "gard")

* expansion pot'l -- may be extra space on the lot, or possibly vertical potential for a top floor or room addition. Verify actual potential by checking local zoning restrictions prior to purchase.

* fab pentrm -- fabulous pentroom, a room on top, underneath the roof, that sometimes has views

* FDR -- formal dining room (not the former president)

* frplc, fplc, FP -- fireplace

* grmet kit -- gourmet kitchen


* HDW, HWF, Hdwd -- hardwood floors

* hi ceils -- high ceilings

* In-law potential -- potential for a separate apartment. Sometimes, local zoning codes restrict rentals of such units so be sure the conversion is legal first.

* large E-2 plan -- this is one of several floor plans available in a specific building

* lsd pkg. -- leased parking area, may come with an additional cost

* lo dues -- find out just how low these homeowner's dues are, and in comparison to what?

* nr bst schls -- near the best schools

* pvt -- private

* pwdr rm -- powder room, or half-bath

* upr- upper floor

* vw, vu, vws, vus -- view(s)

* Wow! -- better check this one out.

Resources:

* "Real Estate's Ambiguous Language You Oughtta Understand," Glennon H. Neubauer, Ethos Group Publishing, Diamond Bar, CA; 1993.

There is a lot of free information available to you about buying, selling or investing in SW Durham North Carolina real estate. For complete information about the SW Durham North Carolina real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything SW Durham North Carolina real estate. So please feel free to contact me with any of your mortgage questions and I will me more than glad to answer your quetions. Call me on my cell at 919-6413911 or email me at willie.velez@gmail.com.

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