Conventional Loan
Conventional
loan
Conventional
mortgage - a mortgage
not insured by FHA
or guaranteed by the VA.
A convention loan may be conforming
or non-conforming.
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For Sale By Owner, FSBO
FSBO
FSBO (pronounced Fizz-Bo) is shorthand for "For Sale By Owner". A property and/or person that is marketed by the owner without the assistance of a conventional real estate broker. FSBOs account for approximately 20 percent of all real estate transactions.
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