All Topics / The Treasure Chest / acronyms and abbreviations
Hi there,
I was confused in the beginning with all the terminology and abbreviations. PB asked if we could have this post, so here it is.
To start off with:
PPOR = Primary Place Of Residence
FMR = Fair Market Value
LVR means -> Loan to value ratio
FHOG = First Home Owner’s Grant
PCF = Positive Cash FlowFeel free to add…(or make up some [][])
Cheers
Sooshie []“small steps make the journey” (SAS)
IO = intrest only
PI = princible & intrest
IP = investment property
-ve = negative cashflow
+ve = positive cashflow
LMI = Lenders Morgage Insurance
CG/T = capital gains/tax
hmmm = trying to think of some more
NEO
NICE ONE BRUVA!! Nice One Bruv! nice one
Had to add this one in. It’s Steve’s favourite
FEAR false expectations appearing real
IMHO in my humble opinion
SANF sleep at night factor
Take care
Dave [ ][ ]LOC = line of credit
NEO
NICE ONE BRUVA!! Nice One Bruv! nice one
MBAR = Most Banks Are Ripoffs
MartyDSAI – Dont Sign Anything Immediatly
DSI – Dont Sign Immediatly
MLI – Mortgage Lensders Insurance
PAO – Private Auction(s) Only
PVO – Private Vendor(s) Only
The topic ‘acronyms and abbreviations’ is closed to new replies.