CEFR C1

seller financing

noun

Meaning

A real estate transaction where the property owner provides the loan to the buyer to cover all or part of the purchase price.

Examples

The buyer struggled to get a traditional bank loan, so they negotiated seller financing with the homeowner.
Under the terms of the seller financing agreement, the buyer makes monthly payments directly to the previous owner.

Synonyms: owner financing, purchase-money mortgage

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seller financing (C1)

noun

Pronunciation: /ˈsɛlər faɪˈnænsɪŋ/

Definition

A real estate transaction where the property owner provides the loan to the buyer to cover all or part of the purchase price.

Examples

The buyer struggled to get a traditional bank loan, so they negotiated seller financing with the homeowner.
Under the terms of the seller financing agreement, the buyer makes monthly payments directly to the previous owner.

How to Use seller financing

offer seller financing (collocation): To propose this payment method to a buyer. — "The developer decided to offer seller financing to attract more buyers to the new project."
agree to seller financing (collocation): To accept this arrangement as part of a contract. — "Both parties agreed to seller financing to avoid the delays of a traditional bank approval process."

Synonyms of seller financing

Words with a similar meaning to seller financing:

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