Ostroff, Fair and Company
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When buying a home Agent abbreviations..?


My husband and I are looking at a steal of a home. Old plantation style, and I could go on and on forever about how awesome it is... But when the agent sent us the info about the home there is a code I do not understand.. It says:
May sell: Cash/Conv. Anyone know what the conv. means?

Conv should mean conventional financing.

This probably means it won't qualify for an FHA loan. Source(s): Oregon Realtor
I believe it means Lease hold Conversion. This is where you pay in cash to the seller the difference between what is owed and the selling price while assuming the balance of the loan.
Godged is right. It does mean conventional financing-using a mortgage.
Florida Realtor
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