Learn the benefits and risks when acquiring a Tenancy-In-Common in San Francisco!

By |2024-06-05T22:27:14-07:00April 12th, 2023|Neighborhood Focus, Real Estate Blogs|

TIC units have become a popular option as it provides a lower price point for first-time home buyers. With TIC units, you pay 10–20% less per square foot than a condo. Moreover, property tax is also reduced by 10–20%. So not only did you save on the cost of your unit, but you also saved a significant amount in your annual property tax.

San Francisco Real Estate Market Report – March 2023

By |2024-03-25T15:50:06-07:00March 21st, 2023|Real Estate Blogs|

Dollar per Square Foot is based upon the home’s interior living space and does not include garages, unfinished attics and basements, rooms built without permit, patios, decks or yards (though all those can add value to a home). These figures are usually derived from appraisals or tax records, but are sometimes unreliable (especially for older homes) or unreported altogether. The calculation can only be made on those home sales that reported square footage.

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