Spanish translation: financiación a cargo del vendedor de la propiedad
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English to Spanish translations [PRO] Bus/Financial - Finance (general) / Financiamiento
English term or phrase:seller carry back financing
This is when the seller of the property carries a second trust deed and note against the property. Sometimes this is used when the buyer does not have enough down payment and can be useful since the seller will usually go at or below market interest rate and no closing costs. It helps the seller by having an income that is usually at a rate above what they would get in a bank.