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« This Could Mean Big Changes | Main | How have shifts in the housing market affected your views on whether to rent or buy? »

May 28, 2008

Doing business out of town....

I found this in the Boston Globe today...

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DEAR BENNY: I am considering buying a condo in San Francisco. It looks like most condos advertise taking title as TIC (tenants in common). Can you please explain a little more about TIC? What are the disadvantages and advantages? --Eton

The question comes from a column the folks from Inman news syndicate.

I don’t know for sure if Eton is or isn’t from Boston, but what I find interesting is that agents are taking the business of selling TICs out of town with clearly a lack of information...

The TIC concept is hard enough to understand if you live here... But here’s how it was explained to Eton


Posted by Jeff Brooks on May 28, 2008 06:19 AM |

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