Simply click here to learn more and access your complimentary copy. We're doing our best to make sure our content is useful, accurate and safe. real estate translate: 不動産. FYI, real estate professional status is not the same thing as being a licensed real estate agent. These abbreviations and acronyms show up a lot, whether you’re a seasoned investor or buying your first home. See how underwriters for major lenders scrutinize real estate loans and manage their risk, and learn the origin of the term "underwriting." These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ARV: after-repair value CAP: capitalization CMA: comparative market analysis COCR/CCR/CoC: cash-on-cash return COF: cost of funds COO/C of O: certificate of occupancy CRE: commercial real estate DSCR/DCR/DSR: debt service coverage ratio FMR: fair market rent FMV: fair market value FSBO: for sale by owner GRM: gross rent multiplier HML: hard money lender HOA: homeowners association … Real Estate Glossary There is a lot of real estate terminology used during the home buying and selling process and CENTURY 21® is here to help you understand those terms. All rights reserved. ACRP: Association of Commercial Real Estate Professionals, ARELLO: Association of Real Estate License Law Officials, IARP: International Association of Real Estate Professionals, NAIOP: Commercial Real Estate Development Association, NAREA: National Association of Real Estate Advisors, NARPM: National Association of Residential Property Managers, NREIA: National Real Estate Investors Association. Plenty of real estate "experts" out there say wholesaling can make you tons of money. Examples include factories, power plants, and warehouses. IndustrialFor anyone looking to understand how the industry works and what each of the major categories represents, the explanations below will be a helpful guide. Also called realty and real property. Real estate is a term that refers to the physical land, structures, and resources attached to it. That can make it hard to understand a contract or a conversation. I cover a lot of personal finance topics to … Consumer Credit Counseling Service (CCCS), Covenants, Conditions and Restrictions (CC&Rs), Cpi and Market Rent Escalation (In a Lease), Environmentally Friendly Home Construction, Federal Home Loan Mortgage Corporation, Law, Loan Estimate (LE - formerly Good-Faith Estimate), Maintenance & Emergency Repairs (In a Lease), PITI (Principal, Interest, Taxes, Insurance), Real Estate Settlement Procedures Act (RESPA), U.S. Department. A Abstract of title: A ummary or condensation of the essential parts of all recorded instruments which affect a particular piece of real estate, arranged in the order in which they were recorded. of Housing and Urban Development (HUD). How to Buy Your First Investment Property With 5% Down (Or Less), These REITs are Immune to the Coronavirus' Impact, Cities and States That Have Paused Evictions Due to COVID-19, The Metros Where Retail CRE will be Hit the Hardest. real estate agency definition: a business that arranges the selling, renting, or management of homes, land, and buildings for…. a person in the business of selling land and buildings… See the full definition Learn more. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. 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