Carrying back the finance?

Please explain to me what carrying back financing mean exactly.
I want to be perfectly clear on the subject ,Thank you ???

It’s seller financing, sometimes called seller carryback.

The seller might finance the entire purchase price or only part of it.

Often when a buyer can’t qualify for the entire purchase price, the seller will “carryback” the rest of the financing so the deal can work.

Hope that helps!

Yes,Thank you :smiley: