The Difference Between a TIC and a Condo
TICs differ from condos in many ways, from the types of loans you can get to who ends up on title to the property.
Post Archive For
TIC
New Listing: Gorgeous Marina Flat
I’m pleased to announce my new listing at 1890 Jefferson #203, a gorgeous tenancy-in-common (TIC) in a prime Marina location one block from the water….
Just Sold: Russian Hill TIC
I’ve just sold my 1BR/1BA tenancy-in-common (TIC) listing at 1145 Green #5. Listed shortly before Labor Day weekend, a very motivated buyer submitted an offer…
State of the TIC Market: August 2011
The tenancy-in-common (TIC) market in San Francisco has seen its share of ups and downs. I’m happy to say that this market is alive and…
How To Figure Out If You Can Sell Your TIC
I’ve been fielding calls and emails regularly from TIC homeowners on long-standing group loans in 3+ unit buildings who want or need to sell their TIC interest….
More Condo Lottery Craziness
Tickets for San Francisco’s annual condo lottery go on sale Monday. And there’s something you should know, as per my friends at Plan C: The…
TIC Lender Targets Noe Valley
Word on the street is that Marin-based Circle Bank is planning to open a branch on Noe Valley’s 24th Street. The bank reportedly believes the…
Luxury TICs Pray For Buyers
Constructed in the shadow of St. Paul’s Church in Noe Valley, 1667-1669 Church is a two-unit TIC offering in search of buyers looking to spend…
Condos vs. TICs: The Condo Wins
There was a time when condos were worth substantially more than TICs. Well, the gap has narrowed as the San Francisco market has softened. A…
TICs vs. Condos on 3rd Ave
My broker tour brought me to Third Avenue between Balboa and Cabrillo this week, to check out two TICs and one condo all listed in…
New Twist on TICs in NoPa
Got a three-unit building you want to sell, but don’t want to tread the choppy waters of the multi-unit TIC ocean? Take a tip from…
TICs: Trending Toward Tumult
Popular among first-time home buyers in San Francisco, tenancy-in-common (TIC) ownership traditionally lets two or more individuals share building ownership through a group loan. You…
Condo Conversion Isn't Getting Any Quicker
No surprises here. Three- to six-unit building owners have the right to pursue condo conversion through a lengthy and time-consuming lottery system. A total of…