A mortgage given by a guarantee in part payment of the purchase price of real estate.

A form of owner financing whereby the owner replaces an institutional lender. The buyer receives title to the property and the bundle of rights attached thereto.

A mortgage given as part or all of the purchase price of real property.

A mortgage given to a borrower who is purchasing a home.

a conventional or balloon mortgage that the seller gives to the buyer to finance the purchase of the property

a mortgage given by the purchaser to secure all or a portion of the purchase price of real property

a mortgage that the buyer gives the seller for a part of the price of the property

A mortgage used to secure a debt for the funds used to buy the mortgaged property.

The mortgage loan obtained to purchase a home.

A mortgage given to the seller as part of the purchase consideration, instead of a hard money mortgage.

A mortgage given to the seller to secure in whole or in part the purchase price of real property.

Loan used to finance the purchase of a property.

A mortgage taken by the seller as all or part of the purchase consideration. Also identifies a mortgage wherein the proceeds of the loan are used to purchase the property.

A mortgage received by an owner of real property from a new buyer. Similar to a Contract for deed, except that the Deed is transferred and the owner is selling the property, and taking back a mortgage rather than having the buyer go down to the bank and get a new mortgage to pay off the seller.

(PMM) - A mortgage given from buyer to seller as part of a property's purchase price. GO TO TOP

Funds advanced in the form of a mortgage by the owner of real estate to the buyer for the purpose of buying their property.

A form of seller-financing. A mortgage is extended by the seller to the buyer as part of the purchase price.

A mortgage given by the buyer to the seller to cover part or all of the purchase price.

A mortgage given by a grantee (buyer) to a grantor (seller) in partial payment of the purchase price of real estate.

A mortgage obtained by the buyer to provide a portion of the funds needed to purchase real property.

A mortgage given by a purchaser to a seller on the subject property to secure payment of a part of the purchase price.

A mortgage used to finance the purchase of real property.

A mortgage loan that enables a borrower to acquire a property.

A mortgage securing payment of all or a portion of the purchase price of real property. A purchase price of real property. A purchase money mortgage can be a mortgage with ‘first priority', ‘ second priority', ‘third priority', etc.

Mortgage given by a borrower to the seller as part of the purchase price of the property.

A mortgage given to the seller, with the mortgage constituting all or part of the compensation received for the sale of property. Such a mortgage is used when the seller is also the lender. Most purchase-money mortgages are one or two years in length or, in some cases, up to five years.

Seller financing as a part of the purchase price.

See "mortgage back". A loan from the vendor to the purchaser to help finance the purchase of the property.

A mortgage given by a buyer to a seller as a portion (or all) of the purchase price.

A mortgage used to purchase real property where the title is conveyed from one individual to another.

A Mortgage given by the buyer to the seller as part of the purchase consideration, as opposed to a hard money mortgage.

A Mortgage (Deed of Trust) securing payment of all or portion of the Purchase Price of Real Property.

A mortgage offered by a home buyer as partial payment for the house. A form of seller financing.

this term has at least two meanings.  In a generic sense, it is any mortgage given to secure a loan used to purchase real estate.  In a more technical sense in Pennsylvania, it is a mortgage that meets certain requirements and thus is given priority over certain other liens against the property.

The seller takes a mortgage from the buyer for all or a portion of the purchase price. Seller has equitable title and buyer gets legal title.

A mortgage given to the seller as part of the buyer's consideration for the purchase of real property, and delivered at the same time that the real property is transferred as a simultaneous part of the transaction. QUALIFIED FEE-An estate in fee which is subject to certain limitations imposed by the owner. QUANTITY SURVEY - A method of estimating construction cost or reproduction cost; a highly technical process used in arriving at the cost estimate of new construction and sometimes referred to in the building trade as the price take-off method.

A mortgage used to finance the purchase of a property.

A mortgage given by the Purchaser of real property to the seller as part of the consideration in the sales transaction. Term The amount of time ( usually computed in months) until the balance of a mortgage or land contract is due and payable. For example, a land contract may fully amortize over a 10-year period (120 months). However, the contract may also call for a balloon payment to be made at the end of the fifth year (60 month). In this case, the term of the land contract would be 60 months or five years.

A mortgage (financing) given by the purchaser to the seller as part of the sale of property; a/k/a "Seller Financing".

A mortgage given by the purchaser to the seller simultaneously with the purchase of real estate to secure the unpaid balance of the purchase price.