When does seller financing make sense for the seller?

[Daniel Murphy]

Hey all, we're looking to sell our home in the Twin Cities Minnesota. We're in a really good area. Looking at listing for the $430-450k range.  We owe about $304k & are in probably year 2 of a 30-year loan at 3.125%. 

Are there any scenarios where offering seller financing, subject to, makes sense for us? 

As in, could we sell off market at a slight premium if we could allow the buyer to take over our financing? And if so, is it possible to get our ~$100-120k equity out in cash through this process?