Finance
Seller financing (owner financing) occurs when:
AThe seller arranges financing for the buyer through a bank
BThe seller acts as the lender and the buyer makes payments directly to the seller✓ Correct
CA government agency provides the mortgage to the buyer
DThe buyer assumes the seller's existing mortgage
Explanation
In seller financing, the seller extends credit directly to the buyer, who makes payments to the seller instead of a traditional lender.
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