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For Sale By Owner

Seen mostly in the real estate section of craigslist. Many people will have the ability to carry the contract on their house acting as the financier rather than a mortgage lender/bank.
Russ- Dude check out this house man I think I might buy it!!

Greg- Hey man that shits expensive and the economy is shot, good luck getting a loan.

Russ- No worries man is FSBO I bet they would carry the contract!!
by RussellTaylor February 07, 2009