Finance
A Wisconsin seller who 'takes back a mortgage' means the seller:
ARefinances their own mortgage at closing
BProvides financing to the buyer and holds a mortgage as security✓ Correct
CAssumes the buyer's existing mortgage
DPays off their mortgage from closing proceeds
Explanation
When a seller 'takes back a mortgage' (seller financing), the seller provides a loan to the buyer and holds a mortgage on the property as security until the buyer pays off the debt.
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