SEERMKS
Recently, one of my clients voiced exasperation regarding abbreviations on the MLS. She wondered if I might change them so that others looking at her property online would not be as confused as she was. I explained that as much as I might like to do that for her, these abbreviations are mostly generated automatically by the system, and not under my control as a Realtor.
This got me to thinking… Those of us in “the business” get used to seeing these abbreviations, and though occasionally one comes up with which we are unfamiliar, we are acclimated to most of them. I am sure that many people searching for properties would benefit from a resource to assist in this regard. Until that time comes, I thought I’d offer a list of some of the more interesting ones. A few of these may only show up on Realtor-accessible information, but most can pop up for you when you’re searching and cause you to see stars… or question marks:
ACC-ACT According to Accountant
ACC-OWN According to Owner
ACT-SOL Active Solar Heat
ALY Alley
APOD Annual Property Operation Data
BI-DOVN Built-In Double Oven
BINLITE Built-In Lighting
CC&RS Conditions, Covenants & Restrictions
DEEDRES Deed Restrictions
ENG-RPT Engineering Structural Reports
EXTMANT Exterior Maintenance
FEASIBL Feasibility Study
FRM/FOR Farm/Forest
FRT-ELE Freight Elevator
GA+500’ Natural Gas over 500’ From Site
INVN Inventory Included
IRR-WAT Irrigation Water Available
I-STORG Inside Storage
JOINT-V Owner Would Consider Joint Venture
L Lower Level
LEGDESC Legal Description
LIM-ACC Limited Access
LSE-BAK Owner Occupied Will Lease Back
LSE-ESC Lease With Escalation
LSSECUR Leased Security System
M Main Level
MANTREC Maintenance Records Available
MINI-ST Mini Storage
MINRTRS Mineral Rights Reservations
MINSTEP Minimal Steps
MO HOA Dues Frequency Every Month
MRCHTIM Merchantable Timber
NATLITE Natural Lighting
NEGO Possession Negotiable
NONCONF Non-Conforming Use
NO-VALU Existing Structure of No Value
OPR-EXP Operating Expense Report
OWSECUR Owned Security System
PAS-SOL Passive Solar/Passive Solar Heat
PASTACC Past Accessibility
PDS Pressure Distribution System
PLB-ICE Plumbed For Ice
PW+500’ Power Over 500’ From Site
RDSPLIT Road Splits Property
REQFILL Requires Land Fill
ROD+1 Recording of Deed + 1 Day
ROLLSHR Roll in Shower
ROWCRP Row Crop
RPROTIM Reproduced Timber
SEERMKS See Remarks
SEPLVQT Apartment or Auxiliary Living Unit
SGI State GI Loan
SH-SEP Shared Septic
SOILRPT Soil Report Required
SPT-APP Septic Site Approved
SPT-CT Sport Court
SUB-INS Subject To Inspection
SUBJTEN Subject To Tenancy
SW+500’ Sewer Over 500’ From Site
SWR-AVL Sewer Available at Property Line
TAN-BDS Tanning Beds
TEST-AV Soil Test Available
TEST-RQ Soil Test Required
TIMB-CR Timber Cruise
U Upper Level
UG-UTIL Underground Utilities
W/D-HUP Washer/Dryer Hookup
WA+500’ Public Water Over 500’ From Site
WALKSHR Walk-In Shower
WD-DOOR Wide Door
WT-CERT Water Rights Certification
WT-RM Weight Room
WT-USEP Water Use Permit
XASTFAN Exhaust Fan
YR HOA Dues Frequency Every Year

Back in March I wrote a post about affordable homes in Lake Oswego. My definition of affordable were homes priced under $350,000. At the time, March 28, 2008, there were 20 houses for sale in Lake Oswego priced at $350,000 or less. I compared that number to houses in Sellwood, a close-in neighborhood in Southeast Portlnad, where at the same time there were 18 houses priced $350,000 or less. What is going on today? How has the changing market affected the availability of affordable houses?
Absolutely one of the best features of living in Lake Oswego is the ability to enjoy the lake. And one of my favorite ways to enjoy it is by riding a bike, or taking a walk or a jog around it. The first time I ran the lake was in 1980. I have done it many, many times since then. Although I have to admit that these days instead of running it, I bike or walk it. It’s just about 8 miles all the way around. Biking it, the challenge is to do it in one hour’s time. I know that does not seem very fast, but there are two substantial hills in the ride and if you can do it in an hour, you are kicking some serious #*%*. Walking it takes about 2.5 hours, and running it, back in my hey day, took just over an hour.
Start at the Lake Grove Swim Park, which is just North of the intersection of Southshore Blvd and Lakeview Blvd, along Lakeview Blvd. Proceed North on Lakeview. I suppose it is actually slightly Northeast, but for the sake of keeping it simple, head North along the shoulder of the road. There is a nice wide bike path and you’ll be enjoying the view of the lake and the stately mansions. You will go about half a mile before you come to the first right hand turn.
cross the bridge with the view to the left of Lakewood Bay you will come to a 3-way stop, turn left. Go about a block and take the first right. This is is Fairmont. You are only going to go about 100 feet before you turn left onto Middlecrest. Middlecrest is not a through street. It has a barrier erected to keep out auto traffic, but there is a pass through for bikes and pedestrians. Stay on Middlecrest a couple of blocks to the traffic light at State Street. 


According to Kelley Woodwick at Chicago Title, there is good news for sellers, in that flood insurance contracts may be transferred to new buyers at grandfathered rates and zones. Again, check the city’s new maps before June 18th to acquire information on the grandfathered areas… after the 18th, I am told that the information will most likely be removed from the website.
For most of the 20th century, oil heat was the primary method of heating homes. If you own or are considering purchasing a home that was built before 1965, chances are pretty good that the house had oil heat. And chances are also pretty good that the oil tank was buried in the ground.
On a recent Broker’s Tour in Lake Oswego, my cohorts and I were discussing how important it is to include accurate information in listings, and we noted how easy it is to inadvertently choose the wrong “field” when entering data etc. I thought it might help the prospective home seller or buyer to know a little about how agents search for houses, specifically in using the basic search fields provided to them on the MLS.
If you prefer a newer home, but also want a big back yard, then you will find yourself in a quandary. There are new houses, and there are large lots, but they just don’t seem to be found together. What’s up with that?
Lake Oswego is known to be a community with very expensive homes. Lake front, river front, city views, mountain views, you can find some pretty special amenities here that do drive up the value of a home. So, yes, there are million dollar mansions in Lake Oswego. But does that mean that there are not any less expensive homes? No. In fact, I am of the opinion that the community is often over-looked by buyers because they make the assumption that there is nothing for sale in Lake Oswego that they can afford. So here is a quick moment of enlightenment to be shared: Lake Oswego has affordable houses.
The Fibre Conduit Company of Orangeburg, N.Y. was a major manufacturer of this kind of pipe, and with its widespread use, changed its name to the Orangeburg Pipe Co. — thus the common name of the product. If your home was built during this period, there is a good chance that you have this kind of sewer pipe lurking underground, so it is good to know what this could mean to you as either a homeowner, or someone contemplating a purchase.