"Regular Sale"
How often do you see agents use that term in their property descriptions to indicate a property that is NOT a short sale, NOT in foreclosure, or NOT bank owned.
Do you ever wish that we could all find a term that sounds a little more ... I don't know .... professional?
I've seen some attempts, such as "equity sale" and "conventional sale" but these just don't do it for me either.
Here's my attempt at coining a term: "Private Party Owner"
OK, so my term is not all that great.
What term are you using?
I vote for "Everybody HAPPY Including the Lender" sale term?!?
I use Owner/Seller Convientional or FHA, cash,In-house, etc.... I think what ever we use it can be taken out of context. In our comments section we will will do the last names of the seller/buyer to help the appraisers find the sale at the courthouse. ie Smith/Brown FHA concessions
we do not have that many short sales or REOs for it to be an issue I guess. They are the Norm....Gee that reminds me of Cheers,,,,
Cheryl ... We use the term "equity sale" or that the "equity seller". Your term "private party seller" doesn't tell the whole and best story to the market, which is whether the owner has equity.