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Tuesday, October 13, 2009

Eeek!!?? No, E.I.K.

"Do Not Adjust Your Set . . ."

If you're a prospective home buyer and are stumped by the acronym "EIK" -- don't worry, it's not you (it's them).

While there are plenty of recognized acronyms and abbreviations in real estate . . . EIK isn't one of them (at least not so far).

For the record, it's short for "eat-in kitchen." (I just came across a new listing that used it, along with way too many other acronyms.)

P.S.: not to be confused with EIK is "PIK" -- a nasty Wall Street creation that stands for Payment-in-Kind. Don't ask . . .

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