Seller Financing
"Seller Financing a debt instrument taken back by the seller as part of the purchase price for a property.  Such financing is used as an inducement to a sale when normal third-party financing is expensive or unavailable and in situations where the existing, first-lien loan may be assumed by the
buyer but the difference between the existing debt and the sales price exceeds the cash resources of the buyer.  Seller financing may be in the form of a senior mortgage or a junior mortgage."
 
 
45 West Portal Avenue   •   San Francisco, CA 94127
office. 415.566.1112   •   888.988.4663 toll-free
www.realestatesf.com
Disclaimer: The information above has been secured from sources we believe to reliable; we have no reason to doubt it, but we do not guarantee it. The prospective buyer should carefully verify, to his or her own satisfaction, all information pertaining, but not limited to use, square footage, lot size, permit history, year built, zoning, and number of parking spaces.

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