Finance
When a seller 'carries back' financing in an Arizona sale, this is also known as:
AA blanket mortgage
BSeller financing or a purchase money mortgage✓ Correct
CA wraparound mortgage only
DA construction loan
Explanation
Seller carryback (seller carry) occurs when the seller agrees to finance part or all of the purchase price, acting as the lender and receiving monthly payments from the buyer. It's also called seller financing or a purchase money mortgage.
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