Re: Bank Lenders to Cohousing TIC
From: Sharon Villines (sharonsharonvillines.com)
Date: Sat, 20 Jun 2015 15:53:48 -0700 (PDT)
> On Jun 20, 2015, at 4:18 PM, John Sechrest <sechrest [at] gmail.com> wrote:
> 
> 
> TIC is Tenants in Common
> 
> Fractional Loans are individual loans to people who have fractional
> ownership of a property.

Why use this structure? 

Is it the same as a co-op? Coops are notoriously hard to finance outside of old 
large cities like NY.

Sharon
----
Sharon Villines
Takoma Village Cohousing, Washington DC
http://www.takomavillage.org





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