It’s not always obvious whether a property is a condo or tenancy-in-common (TIC) when you’re a buyer who’s searching online for properties. You have to click in to all the details, for example, on Redfin, before you realize that the photos of the wonderful flat that seems listed kind of low is actually a TIC.
But what’s the difference between a TIC and a condo? All things being equal, couldn’t you just buy a TIC if it has the space and location you want?… Continue Reading
If you’re a serious home buyer, it’s quite possible that December will be your month to find that home of your dreams. Yes, inventory is lighter, but the competition thins out as other, less-serious buyers get distracted by the holidays. And the sellers who are still offering their homes for sale are more likely than they would have been a few months ago to negotiate on price.
There are 172 houses and 81 condos on the market right now, in a variety of neighborhoods and price ranges. And it just so happens to be a great time to make your purchase and wrap things up before the end of 2014. There will inevitably be a crop of newly active buyers coming into the market in early 2015, which will not help your case.
So stick with your home-buying mission and don’t overlook any possibilities. And if you’re thinking of jumping into the market in 2015, please contact me and we can discuss the details.