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Real Estate
The Real Estate Adviser |
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May 27, 2004
The Real Estate Adviser: TICs are new wrinkle in property exchanges
By TOM KELLY
Special to the Journal
Special to the Journal
The real estate agent brought the elderly couple an unsolicited offer for the small store they've owned in Federal Way for nearly three decades.
They were torn by the decision. They didn't really want to sell the store, loved the monthly income from the place but wanted to travel more and get out from behind the maintenance and bookkeeping. In addition, they had an opportunity to buy a big piece of an apartment complex with members of their bridge club. It was in an attractive spot very similar to the community where they now lived.
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Previous columns:
- The Real Estate Adviser: Reverse mortgages may cover care costs, 05-20-2004
- The Real Estate Adviser: Boomers can fool housing developers, 05-13-2004
- The Real Estate Adviser: What do baby boom homebuyers want?, 05-06-2004
- The Real Estate Adviser: Picking retirement spot? New book is for you, 04-29-2004
- The Real Estate Adivser: Homebuilders puttin' on The Ritz, 04-22-2004
- The Real Estate Adivser: Since 1904, U.S. houses have come a long way, 04-15-2004
- Real Estate Adviser: Check your home, loan, garage for tax savings, 04-08-2004
- The Real Estate Adviser: Does your sale need divine intervention?, 04-01-2004