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)

IDX – Internet Data Exchange

DOM – Days on Market

MLS – Multiple Listing Service

AVM – Automated Valuation Model

HVCC – Home Valuation Code of Conduct

AITD – All Inclusive Trust Deed

OWC – Owner Will Carry

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

Broker/Owner at Savvy Home Realty Solutions

Real Estate Agent in the Las Vegas - Henderson Area. Affiliated with: NAR, NVAR, GLVAR (Local Realtor Associations), REBAC (Real Estate Buyer's Agency Council), NABPOP (National Association of Broker Price Opinion Professionals) Seven Designations/Certifications: REALTOR®, ABR (Accredited Buyer's 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).

Latest posts by Renee Burrows (see all)

• Home Is Possible – Nevada Home Buyer Grant Zero Down! - December 9, 2016
• Home Inspection Repair Response – Dos & Don’ts - September 17, 2015
• 2 Simple Ways to Save Money NOW On Your Electric Bill - October 7, 2014
• Ikea’s Famous Cinnamon Rolls, Swedish Meatballs, Gadgets and Furniture Coming to Las Vegas - July 17, 2014
• Homes Still Appreciating in Las Vegas June 2014 - July 17, 2014