Tip of the Week for 6/10

Twin Homes

Did you know that you can find Twin Homes when searching Style field? The Twin Home (TW) option is located between the Townhouse (TH) and Condo/Coops (CC) option when scrolling through the Style box. Highlight it by clicking on the name, or by checking the check box – as seen below in the screen shot.

 

What is a Twin Home by definition?
A common confusion is listing a Twin Home as a townhouse. Twin Homes can often look like a townhouse or duplex and do have a shared common wall with your neighbor, but the main difference is ownership. A twin home has an individual owner who has rights and responsibilities for their own side and lot.

NorthstarMLS defines a Twin Home as, zero lot line ownership, double side by side. May have a home owner association. Common wall agreement necessary as part of purchase agreement. Duplex.net says, twin homes are half-homes with a lot line landing between the two homes. In most cases, the homeowner can renovate or repair their half of the twin home however they wish, or there may be some basic restrictions in the deed.

Currently, there are over 250 active Twin Homes listed on the MLS. Consider one for your client the next time you run a search.


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