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The phrase "seller carry-back" refers to a transaction in which the seller of real property defers collection from the buyer of some portion or all of the price of the real property and takes a promissory note from the buyer for the amount due, secured by a mortgage or deed of trust on the real property.
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www.scu.edu/law/FacWebPage/Neustadter/sdbook/main/comme...
www.scu.edu/law/FacWebPage/Neustadter/sdbook/main/commentary/49.html
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Carryback loan - Wikipedia, the free encyclopedia
A carryback loan , also known as a seller carryback or seller's second , is a loan which is financed by the seller of a property. Normally this aids in the completion of the sale of the property...
en.wikipedia.org/wiki/Carryback_loan
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Seller carryback financing is basically when a seller acts as the bank or mortgage lender and carries a second lien on the subject property. ... By offering seller carryback financing more buyers will be able to qualify to buy your home. It also makes your home more attractive to buyers, and can boost the sales price of...
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www.thetruthaboutmortgage.com/seller-carryback-financin...
www.thetruthaboutmortgage.com/seller-carryback-financing/
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Selling a purchase-money carry-back mortgage to an investor. About seller carry-back mortgages, benefits to home seller to carry financing and how to sell the carry-back mortgage by discounting its face value. ... How to Sell Seller Carry-back Mortgages...
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homebuying.about.com/od/investmentproperties/qt/083007_...
homebuying.about.com/od/investmentproperties/qt/083007_Sell_TD.htm
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Sell you notes. ... Seller's Tax Returns for previous two years ... Full Seller Recourse: Seller may be required to provide personal guarantee for the performance of the promissory note, depending on the financial strength of Debtor.
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www.harrisnote.com/carryback.htm
www.harrisnote.com/carryback.htm
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Seller Carry Back Notes and a 1031 Exchange ... Seller carry back promissory notes can be very powerful sales tools when negotiating and structuring real estate transactions, especially in rising interest rate environments, distressed real estate markets and tight credit markets.
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www.exeter1031.com/seller_carry_back_financing.aspx
www.exeter1031.com/seller_carry_back_financing.aspx
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I’ve mentioned seller carry-backs now and again, but it’s time to dedicate an entire post to the topic. First, the basics, what is a seller carry-back? A seller carry-back is when the seller agrees to act like a bank, and provide a loan to the buyer for some, most, or even all of the purchase price of the home. ...
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www.realphoenixliving.com/2008/03/25/using-a-seller-car...
www.realphoenixliving.com/2008/03/25/using-a-seller-carry-back-to-sell-your-phoenix-home/
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Do you know that you can actually purchase mortgages as an investment? If you do know this, then do you also know that you can do it with other people\'s money? ... Seller Carry-Back Mortgages; The first step in understanding a seller carry-back mortgage purchase is to understand the mortgage itself and how it came to be.
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www.streetdirectory.com/travel_guide/65631/home_loans/s...
www.streetdirectory.com/travel_guide/65631/home_loans/seller_carry_back_mortgage_basics.html
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Seller carry-back defined in the Real Estate Glossary by ForeclosuresPA. ForeclosuresMass is the leading online provider of Pennsylvania foreclosure data. Our data comes straight from the source, often before the notices even appear in the local papers. ... Seller carry-back: An agreement in which the seller provides...
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www.foreclosurespa.com/help/view/glossary/termid/774
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