Frequently Asked Questions

Your CENTURY 21 Affiliated agent will be able to share the names of contractors that they have used in the past or that have been recommended by fellow professionals within the brokerage.

There are a few different options when attempting to sell and buy simultaneously. In a sellers’ market, you may find that your current home sells quickly, but finding a new home to purchase may be more difficult. Before looking at new homes, it is a good idea to decide on additional locations that you are prepared to search in to increase the number of possible homes. Make sure that you have a good idea of your finances in case you have to rent after your home sells. In a buyers’ market, you may have to lower your asking price to facilitate a sale, or even have two mortgages while waiting to sell.

You can also write a home sale contingency into the offer, although this may make your offer less desirable. Your CENTURY 21 Affiliated agent will be able to discuss many different options with you in order to find a solution that best fits your situation.

There are many factors that will influence a decision to sell, including relocating for work, a growing family or any number of major life events. Many lenders suggest a minimum of 5 years in a home prior to selling so that you can recoup the costs associated with not only selling your home, but also in purchasing your new home. These costs include listing agent commission, repair costs, closing costs on both homes, as well as moving costs. Your CENTURY 21 Affiliated agent will be able to produce an estimate of the proceeds from selling your home to assist you in your decision.

Both buyers and sellers have costs at closing. Generally, buyers pay lenders fees, appraisal fees, inspections and testing fees, Title search fees, recording fees, Lenders title insurance costs and escrow deposits. The escrow deposits vary between lenders but most will expect a few months of taxes and insurance paid at closing to have a cushion in your account.

Sellers will have the REALTOR® costs, Title insurance premiums, transfer taxes and fees, prorated taxes and HOA fees, and Home Warranty costs if applicable. Your CENTURY 21 Affiliated agent can assist in calculating the costs related to buying or selling so that you have a realistic figure in mind when considering a sale or purchase.