Carry-Back

Business / Real Estate / Carry-Back: Financing where the seller takes back a note for part of the purchase price secured by a junior mortgage, wraparound mortgage or contract for deed.

Cash-Out

Business / Real Estate / Cash-Out: When a seller of a property wants to receive the entire sales price in cash with no carry-back financing. MORE

Cash-Out Scheme

Business / Real Estate / Cash-Out Scheme: Where a buyer offers a large cash downpayment and asks the seller to carry-back the balance as a subordinate trust deed. MORE

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