Finance
In New Mexico, 'seller financing' (seller carryback) is used most often when:
AThe seller wants a quick cash sale
BTraditional lender financing is unavailable or the buyer needs flexible terms✓ Correct
CThe NMREC requires it for first-time buyers
DThe property is in a flood zone
Explanation
Seller financing is most common when buyers cannot qualify for traditional financing, or when the seller wants to defer capital gains taxes or earn interest income. It allows flexible terms between buyer and seller.
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