I'd have to say that every seller has different intentions of why their selling,
When I sold it was that we didn't use the boat enough anymore with the kids to warrant maintaining ownership. I outright own all my toys from the day I take possession. I'm not going to knock financing toys but it's an avenue I don't take. My buyer wanted a boat for his family to enjoy, didn't have the sale price in full, and seemed like a straight up young father. Since the only offer I took was an insult I contacted my counsel as to what he felt was the best direction on a contract if I decided to seller finance. His advice made perfect sense and his fee to draw up the doc's were acceptable. When I contacted the buyer and told him to bring the down payment and we'll go over the terms and conditions of the deal he told me about his borrowing the money from his Dad for the down payment. That's when I told him I was sorry but I'm backing out of the deal and perhaps he should see if his father would finance him 80% of my asking price as that was my bottom dollar. I never heard back and considered it to be a very good thing it panned out in the manner in which it did.

Soldier,
Your absolutely correct banks have no personal interest in anything they finance, it's all in the reward of the gain.

007,
Your correct too. I know many tradesman who declare less than they earn. They gladly offer cash discounts. This may be good for homeowners but it doesn't assist business owners who are in need of their services.

All in all, it's SELLER BEWARE.

See ya,
Kelly