A type of funding in which a seller agrees to hold back a note for a specified portion of the sales price. For example, a buyer with no down payment funds available may arrange for 80 percent financing from a primary lender, with the seller offering to loan him the other 20 percent as carryback financing. The carryback financing in this case is the junior or secondary lien.
Related information about carryback financing:
- Seller Carryback Financing | The Truth About Mortgage.com
Seller carryback financing is basically when a seller acts as the bank or mortgage lender and carries a second lien on the subject property.
- Carryback financing in lieu of cash |
Jul 7, 2006 ... This article introduces the concept of carryback financing and presents the various forms of documentation and risks involved. Seller financing ...
- What is carryback financing? definition and meaning
Definition of carryback financing: A type of funding in which a seller agrees to hold back a ... The carryback financing in this case is the junior or secondary lien.
- Carryback Financing - Platt & Westby, P.C.
Free Consultation - Platt & Westby - Phoenix Carryback Financing Attorney - Tempe Real Estate Financing Lawyer.
- Selling Carry-backs - Discounting Seller Carry-back Mortgages ...
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 ...
- Seller Carryback Financing and Anti-deficiency Laws
Seller Carryback Financing and Anti-deficiency Laws. For many investors, the sooner they can sell a property to recognize their profit and re-invest their capital, ...
- Seller Carryback Financing - First American Title, NCS
SELLER CARRYBACK FINANCING. In a real estate transaction, a seller is occasionally asked to finance a portion of the purchase price in the form of a " seller ...
- Seller Carryback Financing Issues - Searchlight Crusade
Mar 13, 2007 ... This is something I probably should have dealt with some time ago. A seller carryback is when the seller agrees to "carry back" some part of the ...