Which of the following defines “seller financing”?

Seller financing refers to a transaction where the seller of a property provides financing directly to the buyer to facilitate the purchase. This typically means that instead of the buyer securing a traditional mortgage from a bank or financial institution, the seller allows the buyer to make payments over time, often with an agreed-upon interest rate and repayment schedule. This arrangement can be beneficial for both parties: it allows the buyer to purchase a property without relying on a bank and can provide the seller with a steady stream of income.

The other options describe different types of financial transactions that do not capture the essence of seller financing. For instance, a direct loan from a bank is traditional financing rather than an arrangement between the seller and buyer. A loan issued to the seller for assisting buyers might be a form of financial support, but it does not accurately reflect the seller financing concept where the seller acts as the lender. Lastly, a financial agreement involving an intermediary suggests the involvement of a third party in the financing process, which is not characteristic of seller financing.