Paper
A mortgage, deed of trust, or land contract, which is given instead of cash. A seller would take back "paper" if he or she received a mortgage, deed of trust, or land contract as part of the purchase price.
A mortgage, deed of trust, or land contract, which is given instead of cash. A seller would take back "paper" if he or she received a mortgage, deed of trust, or land contract as part of the purchase price.
