Finance
What is 'seller financing' in South Carolina, and when is it most common?
AA lender's program to help sellers finance purchases
BWhen the seller extends credit to the buyer as part of the sale, common when bank financing is difficult✓ Correct
CA government program for sellers
DA HUD-sponsored housing program
Explanation
Seller financing (owner financing) is when the seller acts as the lender. It's common when buyers can't qualify for bank loans, when properties don't meet bank lending criteria, or to facilitate quicker sales.
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