Blogs Tagged: condo lottery

Sorting Out Post-Condo Lottery Confusion

Posted On: Thursday, February 24, 2011 - 6:00am | Posted By: ebermingham
Topics: Buyers and Sellers

My colleagues and I have noticed a few listings coming on the market that are being classified as condos---but which are really TICs in buildings that recently won the lottery. It's important to note that until a building is fully converted and all units are officially condos, you can't call a TIC a condo. Even if everything is on track for condo conversion.

This is a good distinction to make if you're a buyer who's not interested in completing someone else's condo conversion. And

The Virtues of the 2 Unit Building

Posted On: Monday, November 15, 2010 - 2:32pm | Posted By: jtheisen
Topics: Buyers and Sellers, Laws and Regulations, Market Statistics

As you may recall, I wrote last time about my enthusiasm for 3 unit buildings.  However, I am only slightly less in love with SF’s numerous duplexes.