Acronyms

842.5

(pronounced "eight four two and a half") - 8 rooms, 4 bedrooms, 2.5 baths (numbers change to fit circumstances)

5-4 and a door

2-story house with 5 windows on the 2nd floor, 4 of the 1st floor, and a door in the middle of the four windows on the first floor (pronounced "five four and a door")

AI

Appraisal Institute

ARM

Adjustable Rate Mortgage

Comp

Comparable Sale

CD

Compact Disk

CE

Continuing Education

CR

Certified Residential

CG

Certified General

CWA

Central Warm Air

DOM

Days on Market

DVD

Digital Versatile Disk or Digital Video Disk (can't tell)

EIFS

Exterior Insulation and Finish Systems (synthetic stucco)

FAQ

Frequently Asked Questions

FEMA

Federal Emergency Management Agency

FHA

Federal Housing Administration

FIRREA

Federal Institutions Reform and Recovery Act (of 1989)

FLUM

Future Land Use Map/Plan

FNMA

Fannie Mae (Federal National Mortgage Association is obsolete but the acronym survives)

GBA

Gross Building Area

GLA

Gross Living Area (Also Gross Leasable Area)

GREAB

Georgia Real Estate Appraisers' Board

GRM

Gross Rent Multiplier

HOA

Homeowners' Association

HUD

United States Department of Housing and Urban Development

HVAC

Heating, Ventilation, and Air Conditioning

LO

Loan Officer

LTV

Loan to Value Ratio

MAI

Member Appraisal Institute

NAIFA

National Association of Independent Fee Appraisers

NAMA

National Association of Master Appraisers

NCUA

National Credit Union Administration

NOI

Net Operating Income

OCC

Office of the Comptroller of the Currency

OTS

Office of Thrift Supervision

PCMCIA

Personal Computer Memory Card International Association

also:  People Can't Memorize Computer Industry Acronyms  :)

PMI

Private Mortgage Insurance

PITI

Principle, Interest, Taxes, and Insurance

PUD

Planned Unit Development

REO

Real Estate Owned

RTC

Resolution Trust Corporation

SD Card

Secure Digital Card

SFR

Single Family Residence

SRA

Senior Residential Appraiser

Subject

Property being appraised

URAR

Uniform Residential Appraisal Report (FNMA 1004)

USPAP

Uniform Standards of Professional Appraisal Practice

UNK

Unknown

VA

Veterans' Administration