Which of the following situations is NOT a common cause for the use of a purchase-money mortgage?
A) The buyer cannot come up with the down payment needed to qualify for a mortgage
B) The seller wants to receive the gain from the sale in installments
C) Third-party mortgage financing is too expensive or unavailable
D) The seller desires to artificially raise the price of the property by receiving a higher-than-market interest rate
Correct Answer:
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