What does first TD mean in Real Estate?

Question

Hi Everybody,

I am trying to purchase a home. I found one that looks like it might be a good deal based on the description. It reads, "seller will carry first T.D. with only 10% down." What does the T.D. mean? Thanks

Answer 1

abreviations can be a little tricky when taken out of context.  sounds like a Tax Deed, which is an instrument, similar to a certificate of sale, given to a purchaser at a tax sale.

so where it says the seller will carry it,  i'm not sure.