Property Resource
Terms of the listing such as Lien Release, Subject to Court Approval or Owner Will Carry. Also may include options that describe the financing terms that are acceptable to the seller (i.e., Cash,...6/17/2021| Standard Value | Definition | Usage |
|---|---|---|
| 1031 Exchange | The seller may be interested in a 1031 exchange as part of the sale. | 25% |
| All Inclusive Trust Deed | The property is under an all-inclusive trust deed. | 3% |
| Assumable | The seller is interested in assumable financing. | 55% |
| Cash | The seller would like a cash sale. | 68% |
| Contract | The seller may be interested in an agreement to perform services, provide product, share income or some other agreement as the method of payment for... | 30% |
| Conventional | The seller may accept a buyer using conventional financing to purchase the home. | 66% |
| Existing Bonds | The property for sale has existing bonds. | 1% |
| FHA | The seller may accept a buyer with a loan from an approved provider that follows the guidelines of, and is insured by, the Federal Housing... | 63% |
| Land Use Fee | The listed property has a land use fee. | 2% |
| Lease Back | The seller may be interested in the simultaneous sale of a property with a lease back to the seller who then becomes the tenant. | 11% |
| Lease Option | The seller may be interested in selling as a lease option to the buyer. | 34% |
| Lease Purchase | The seller may be interested in selling as a lease purchase. | 27% |
| Lien Release | The property for sale may require a lien release. | 1% |
| Owner May Carry | The seller may be interested in carrying the mortgage note. | 20% |
| Owner Pay Points | The seller may carry points. | 3% |
| Owner Will Carry | The seller will carry the mortgage note. | 23% |
| Private Financing Available | Financing is provided by a private party. | 10% |
| Relocation Property | The property for sale is a relocation property. | 8% |
| Seller Equity Share | The seller may be interested in investing in an equity share. | 3% |
| Special Funding | The seller may be interested in a special funding arrangement. | 5% |
| Submit | Contact the listing agent for the listing terms. | 9% |
| Trade | The seller may be interested in a trade arrangement. | 33% |
| Trust Conveyance | A trust conveyance (to another trustee) may be involved in the sale of the property. | 2% |
| Trust Deed | The seller may accept financing where title of the property is placed with a trustee who secures payment of the loan for a beneficiary. | 3% |
| USDA Loan | The seller may accept a loan from an approved provider that follows the guidelines of, and is insured by, the U.S. Department of Agriculture. | 21% |
| VA Loan | The seller may accept a loan from an approved provider that follows the guidelines of, and is insured by, the U.S. Department of Veterans Affairs. | 42% |