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. It could also refer to the part of the purchase price the seller is able and willing to finance.
 |
This economics or finance-related article is a stub. You can help Wikipedia by expanding it. |
This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)
