Often my clients ask "is a TIC the right property type for me?" Here are a few things to consider to help answer that question.
Recently when one of my clients asked me the “Am I crazy” question, I laughed and said if you aren’t asking this question you aren’t buying a home in San Francisco.
In general anything that adds extra cost to the purchase of a property, or limits an owners control over a property can be an issue for prospective buyers. For the owner doing the kitchen remodel in the photo, money seemed to be no object. I asked one of the workers on the job, what the cost was of moving in the […]
Tenancy in common (TIC) is the term used for ownership of real estate by two or more people. It can prove valuable, as it makes home ownership affordable for those who cannot purchase on their own. TICs continue to be quite prevalent in San Francisco. There are two types of TIC financing available: Group financing […]