Alex and his team did a wonderful job through what turned out to be a challenging sale for a variety of reasons (TIC, no parking, fire at a neighboring building). Throughout it all he kept us informed and worked his connections to get the home sold to some wonderful buyers. Can’t say enough about working … Continue reading Selling a San Francisco TIC with No Parking and a Fire Next Door
Tag: Tenancy In Common
This Week’s 5 Hot New Listings in San Francisco | 12.29.2025
You might think the real estate market takes a nap between Christmas and New Year’s… but you would be wrong. While most people are finishing up leftovers or trying to figure out where to recycle their tree… we are keeping an eye on the hot sheet. A few interesting properties just hit the market to … Continue reading This Week’s 5 Hot New Listings in San Francisco | 12.29.2025
Understanding Co-Ownership: Tenancy in Common, Joint Tenancy, Community Property
Choosing how to own property with others can be a complex decision. There are several options available, each with its own advantages and disadvantages. Let’s explore the four common types of co-ownership: tenancy in common, joint tenancy, community property, and community property with right of survivorship. Tenancy in Common Tenancy in common is the most … Continue reading Understanding Co-Ownership: Tenancy in Common, Joint Tenancy, Community Property
Demystifying SF’s Tenancy-In-Common Condos
Imagine you’re browsing SF home listings and you stumble across a comfy looking condo that for some reason is priced markedly below even similar units in the same neighborhood. And it’s branded with some mysterious letters: “TIC.” What to make of this conundrum? Even those who have already gotten their feet wet buying and selling … Continue reading Demystifying SF’s Tenancy-In-Common Condos
TIC Versus Condominium, Which Holds More Value?
Answering the oh so common question in San Francisco real estate, “How much more valuable is a Condo than a TIC (Tenancy In Common)”, RealDataSF.com takes us there in a chart: [Update: If you saw a chart before that was different than this one…that was the wrong one. This is correct.] [Update 2: From “Garrett” … Continue reading TIC Versus Condominium, Which Holds More Value?
Ask Us: Do We Have To Use Bank Of Marin?
Where readers ask and we (the community) try to answer: Hi! My husband and I are considering purchasing a TIC unit in the Marina. The owners currently have fractional loans through the Bank of Marin. If we did purchase, would we be locked in to their loan rate/term or could we negotiate? Could we work … Continue reading Ask Us: Do We Have To Use Bank Of Marin?
One Partner In A TIC Defaults, The Other Paid Cash: What Happens
Pulled from the intertubes: “Does anyone have experience with a client who bought into a 2 unit TIC and paid all cash and the partner had a loan? In particular, what type of legal protection did they get in case of loan default by the mortgaged TIC partner. Answers ========================= It should be covered under … Continue reading One Partner In A TIC Defaults, The Other Paid Cash: What Happens