Thursday, August 25, 2005
Strangers sharing mortgages / Many would-be homeowners say TICs are worth the risk:
The practice, already widespread in San Francisco, could become even more popular because of a new kind of mortgage loan that would free owners from financial dependence on one another. The new mortgage would allow each owner in a TIC to have his or her own loan, which also would make it easier to sell or refinance units.
The practice, already widespread in San Francisco, could become even more popular because of a new kind of mortgage loan that would free owners from financial dependence on one another. The new mortgage would allow each owner in a TIC to have his or her own loan, which also would make it easier to sell or refinance units.
