Asked by jason crespo on Jun 25, 2024
Verified
Owner financing refers to resources contributed by creditors or lenders.
Owner Financing
A method of financing in which the seller of a property provides a loan to the buyer directly, often with flexible terms.
Creditors Or Lenders
Individuals or institutions that lend money or extend credit to others, with the expectation of being repaid with interest.
- Recognize the features and consequences of various funding operations.
Verified Answer
DW
Darci WesterJun 29, 2024
Final Answer :
False
Explanation :
Owner financing refers to resources contributed directly by the property owner, not creditors or lenders.
Learning Objectives
- Recognize the features and consequences of various funding operations.
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