All About Location for TIC Sales
Tenancy-in-common (TIC) interests have traditionally been popular with buyers who value a more central location in a desirable neighborhood. Because when it comes to affordability,…
TICs
Tenancy-in-common (TIC) interests have traditionally been popular with buyers who value a more central location in a desirable neighborhood. Because when it comes to affordability,…
The San Francisco Board of Supervisors Land Use and Economic Development Committee was scheduled to vote today on legislation that will potentially allow some TIC…
As condo prices climb and low inventory persists in centrally located neighborhoods, San Francisco buyers appear to be more willing to take on TICs. A…
I was invited to a TIC Roundtable last Friday sponsored by Sterling Bank and Trust. The officers and lender reps were in attendance, as was TIC attorney…
My new listing at 1145 Green #5 has been teeming with activity ever since we officially put it on the market at the end of last…
The annual condo lottery took place in San Francisco earlier this year, resulting in suddenly lucky TIC owners winning the right to start the path to condo…
It’s no secret that the 3-6 unit TIC market is softer than it’s ever been. Condo prices are also weaker, and why would a buyer…
Our city’s annual condo conversion lottery takes place today. I’d like to extend my best wishes to all those TIC owners who have been waiting…
I’m often asked how different segments of the San Francisco market are doing, and inquiries about the TIC market are at the top of the…
My friends at Plan C are organizing a rally on the steps of City Hall next week, in support of expediting condo conversion. Here’s the…
Despite their risky and complex nature, tenancy-in-common (TIC) interest sales made a strong showing in 2009. A total of 403 TIC interests sold last year,…
I was surprised to hear recently that lender NCB recently suspended its fractional loan program. Which made me think: Are fractional loans here to stay?…
Last week, our reader The Real Estate Whisperer asked about the health of the TIC loan industry. TICs apparently have an excellent track record when…
For those yearning for an Arts and Crafts-style compound in the heart of the Mission, 428 Capp will certainly do the trick. This two-story home…
I’m being contacted regularly by buyers in the $400,000-$500,000 price range, who are exploring real estate purchase possibilities. Many such individuals have been renting for…