What Is A M.A.O?

What in the world does M.A.O mean?

Comments(2)

  • IBuyHousesInc10th May, 2006

    Abbreviations

    AFD - Agreement For Deed
    AITD - All Inclusive Trust Deed
    APN – Assessors Parcel Number
    APR - Annual Percentage Rate
    ARM - Adjustable Rate Mortgage
    ARV - After-Repaired Value
    BOR - Board of Realtors
    CAD - County Appraisal District
    Cap - Capitalization
    CCIM - Certified Commercial Investment Member
    CCR - Conditions, Covenants, and Restrictions
    CFD - Contract for Deed
    CLTV - Combined Loan To Value
    CMA - Comparative Market Analysis
    COCR - Cash on Cash Return
    COF - Cost of Funds
    COO - Certificate of Occupancy
    CRB - Certified Residential Broker
    CRE - Creative Real Estate
    CRS - Certified Residential Specialist
    DBA - Doing Business As
    DCR - Debt Coverage Ratio
    DOS - Due On Sale Clause
    DOT - Deed of Trust
    DSCR - Debt Service Coverage Ratio
    EPA - Equity Purchase Agreement
    FCRA - Fair Credit Reporting Act
    FFE - Furniture, Fixture, and Equipment
    FHA - Federal Housing Administration
    FHLMC - Federal Home Loan Mortgage Corporation, Freddie Mac
    FMR - Fair Market Rent
    FMV - Fair Market Value
    FNMA - Federal National Mortgage Association, Fannie Mae
    FRBO - For Rent by Owner
    FSBO - For Sale by Owner
    GMAC - General Motors Acceptance Corporation
    GRM - Gross Rent Multiplier
    HELOC - Home Equity Line of Credit
    HML - Hard Money Lender
    HOA - Homeowners Association
    HUD - Housing and Urban Development
    HVAC - Heating, Ventilation and Air Conditioning
    IRA - Individual Retirement Account
    IRC - Internal Revenue Code
    IRR - Internal Rate of Return
    IRS - Internal Revenue Service
    L/O - Lease Option
    L/P - Lease Purchase
    L/S - Landlord Seller
    LLC - Limited Liability Company
    LOC - Line of Credit
    LOI - Letter of Intent
    LP - Limited Partnership
    LPOA - Limited Power of Attorney
    LTV - Loan to Value
    MAI - Member Appraisal Institute
    MAO - Maximum Allowable Offer
    MIP - Mortgage Insurance Premium
    MLS - Multiple Listing Service
    NAR - National Association of Realtors
    NIV - No Income Verification
    NNN - Triple Net Lease
    NOD - Notice of Default
    NOI - Net Operating Income
    NOO - Non-Owner Occupant
    O/F - Owner Finance
    OO - Owner Occupant
    P&S - Purchase and Sale
    PITI - Principal Interest Taxes Insurance
    PMI - Private Mortgage Insurance
    POA - Power of Attorney
    PUD - Planned Unit Development
    REI - Real Estate Investor
    REIA - Real Estate Investors Association
    REIT - Real Estate Investment Trust
    REO - Real Estate Owned
    ROI - Return On Investment
    RTO - Rent to Own
    SFH - Single Family House
    SFR - Single Family Residence
    Sub2 – Purchasing property subject to existing financing
    T/B - Tenant Buyer
    TIL - Truth In Lending
    T/S – Trustee Sale
    UBIT - Unrelated Business Income Tax
    UCC - Uniform Commercial Code
    VA - Department of Veterans Affairs / Veterans Administration

    [addsig]

  • AncientLandMark10th May, 2006

    Thank you, so very much Michael. By the way, in what area do you buy homes?

Add Comment

Login To Comment