Last week, The Rental Girl sat down with Jeff Lazerson at The Orange County Register and talked about the emerging market in Los Angeles, Tenants and Common (TIC).
The TIC Los Angeles
“If you’ve been knocking yourself out trying to figure out a practical, affordable way to purchase your first home in super-expensive Southern California, you might consider buying a portion of a place.
Fractional ownership, or TIC (tenancy in common), is relatively new to Southern California even though Bay Area buyers have embraced this homeownership model for three decades.
Not to be confused with condos, co-ops or timeshares, TIC’s are a unique way to carve up and co-own some fractional interest in real property, including the benefits of mortgage interest and property tax deductions…”Click here to read the full article!
For more information on TIC sales, contact The Rental Girl TIC Sales Team:
Liz McDonald & Cristina Brow
323-313-5780 / 818-632-5400 Tel
BRE Lic. 014498897 & 01964062