Re: Bank Lenders to Cohousing TIC
From: John Sechrest (sechrestgmail.com)
Date: Sat, 20 Jun 2015 13:18:49 -0700 (PDT)
TIC is Tenants in Common

Fractional Loans are individual loans to people who have fractional
ownership of a property.
On Jun 20, 2015 1:02 PM, "Sharon Villines" <sharon [at] sharonvillines.com>
wrote:

>
>
> > On Jun 20, 2015, at 3:12 PM, Fern Selzer/US/CA/95003/NBC via Cohousing-L
> <cohousing-l [at] cohousing.org> wrote:
> >
> > We are looking for a bank that will make fractional loans to our
> members.    We created our community expecting to get fractional loans but
> as we were looking for our first loans, the bank bubble burst and all the
> fractional loans for TICs disappeared.
>
> What are TICs and “fractional loans”?
>
> Sharon
> ----
> Sharon Villines
> Takoma Village Cohousing, Washington DC
> http://www.takomavillage.org
>
>
>
>
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