Buying a home in LA isn’t easy. Prices keep climbing, condos sell fast, and single-family homes are often out of reach. TICs (Tenancy in Common) are becoming a popular option, helping more buyers get a foot in the door.
What Exactly Is a TIC?
A TIC is a way of owning real estate with others. Instead of buying a condo that’s fully yours, you buy a share of the property. That share gives you the right to live in a specific unit.
Example: You might own 25% of the property, which legally ties you to one unit that’s spelled out in the TIC agreement.
How TICs Compare
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Condo: You own your unit outright + common spaces. Financing is easy.
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Co-op: You own shares in a corporation that owns the building. A board has to approve you.
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TIC: You own a percentage of the property and live in your unit. Financing is available through lenders who do fractional loans.
Why Buyers Like TICs
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Lower price points than condos or single-family homes
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Access to better neighborhoods that might otherwise be out of budget
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No co-op board approval when you sell
Things to Keep in Mind
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Financing: Not every bank does TIC loans — only certain lenders.
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Shared decisions: You’ll make property decisions as a group.
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Resale: Buyers have to be comfortable with the TIC setup.
Is a TIC Right for You?
TICs aren’t for everyone, but for many LA buyers they’re a realistic path into the market. If you’re curious about what’s available, I can show you current TIC listings and connect you with lenders who specialize in these deals.
