FAQ
FREQUENTLY ASKED QUESTIONS
General Real Estate Questions
A real estate agent helps buyers and sellers navigate the process of buying or selling a property. Their role can include helping clients understand the local market, identifying properties that fit their needs, preparing and negotiating offers, coordinating inspections and other steps of the transaction, completing required paperwork, and communicating with the other professionals involved in the transaction.
For buyers, a real estate agent can help identify potential homes, arrange showings, provide information about properties, negotiate offers, and guide the buyer through the transaction from the initial search through closing. For sellers, an agent can help determine an appropriate listing strategy, prepare the property for market, develop a marketing plan, communicate with prospective buyers and their agents, negotiate offers, and coordinate the transaction through closing.
A knowledgeable local real estate agent can also provide insight into the communities and market conditions where they work, helping clients make informed decisions throughout the process.
Whether you're thinking about buying, selling, or simply have questions about your options,connecting with a local REALTOR® can be a helpful first step.
A real estate agent is a licensed professional who helps clients buy, sell, or lease real estate. Real estate agents must meet the licensing requirements established by the state where they practice and are typically affiliated with a brokerage.
A REALTOR® is a real estate professional who is a member of the National Association of REALTORS® (NAR) and agrees to follow NAR's Code of Ethics. Not every real estate agent is a REALTOR®, although the terms are sometimes used interchangeably.
A real estate broker is a real estate professional who has completed additional education and licensing requirements. Brokers may work independently, manage a real estate brokerage, or supervise other real estate professionals, depending on their license and state regulations.
While these terms describe different roles and credentials, the most important consideration when choosing a real estate professional is finding someone who is properly licensed, knowledgeable about the market, and a good fit for your real estate needs.
Buying or selling a home is a significant financial decision, and working with a REALTOR® can provide guidance throughout the process. A REALTOR® can help you understand the local real estate market, identify opportunities, prepare and negotiate offers, navigate contracts and deadlines, and coordinate with the professionals involved in a transaction.
For buyers, a REALTOR® can help you evaluate properties, understand the terms of an offer, and navigate the process from your initial home search through closing. For sellers, a REALTOR® can help develop a pricing and marketing strategy, prepare the property for the market, evaluate offers, and manage the transaction through closing.
REALTORS® also agree to follow the National Association of REALTORS® Code of Ethics, which establishes professional standards for members.
Every real estate transaction is different, so having a knowledgeable professional to help you understand your options and the steps involved can make the process easier to navigate and help you make informed decisions.
Choosing the right real estate agent is about finding someone whose experience, communication style, and knowledge align with your real estate goals. Since every transaction is different, it's worth taking time to find an agent you feel comfortable working with.
When comparing real estate agents, consider:
- Local market knowledge: Look for an agent who understands the communities and types of properties that interest you.
- Experience: Ask about their experience working with buyers, sellers, relocations, or other situations similar to yours.
- Communication: Find out how they typically communicate and how often you can expect updates.
- Availability: Make sure their availability fits your expectations, particularly if you're actively buying or selling.
- Marketing strategy: If you're selling, ask how they plan to market your property and reach potential buyers.
- Client reviews and testimonials: Reviews can provide insight into other clients' experiences.
- Your comfort level: You'll likely have many conversations with your agent, so choosing someone you trust and communicate well with is important.
It can also be helpful to speak with more than one agent before making your decision. A good real estate agent should be willing to answer your questions, explain the process, and help you understand your options without pressure.
If you're looking for a real estate professional in the Charleston area, you can connect with a Century 21 Properties Plus agent to start the conversation.
You don't have to wait until you're ready to make an offer or put your home on the market to contact a real estate agent. In many cases, talking with a real estate agent early can help you better understand your options and prepare for the next step.
If you're buying a home, consider reaching out when you're beginning to explore the market, even if you're still several months away from purchasing. An agent can help you understand current market conditions, discuss what you're looking for, and identify steps you can take to prepare financially.
If you're selling a home, contacting an agent before you are ready to list can give you time to discuss your home's potential market value, determine which improvements may be worthwhile, and develop a strategy for preparing and marketing the property.
You may also want to contact a real estate agent if you're:
- Considering relocating to a new area
- Wondering what your home is currently worth
- Thinking about buying an investment property
- Unsure whether buying or selling makes sense for your situation
- Planning for a future move
You don't need to have everything figured out before reaching out. A conversation with a knowledgeable local real estate agent can help you understand your options and determine what steps, if any, make sense for you.
The cost of working with a real estate agent can vary depending on the type of transaction, the services provided, and the terms agreed upon between the client and the agent. Real estate agent compensation is negotiable and should be clearly explained before you enter into an agreement with an agent.
For buyers, the agreement with a real estate agent will outline the services the agent provides and how the agent may be compensated. Depending on the transaction, the seller or another party may offer compensation toward the buyer agent's compensation, but this is not guaranteed and should not be assumed.
For sellers, the listing agreement will explain the services provided by the agent and the compensation arrangements. There may also be other costs associated with selling a home, such as repairs, staging, marketing-related expenses, taxes, and closing costs.
Because compensation can vary from one transaction to another, it's important to discuss the details with your agent and review your agreement carefully before moving forward. Your agent can explain what is included, what costs you may be responsible for, and how compensation works in your specific situation.
Yes. There is no requirement that you use a real estate agent to buy or sell a home. Some homeowners choose to sell their property themselves, and some buyers choose to search for and purchase a property without representation.
However, buying or selling a home involves contracts, negotiations, deadlines, inspections, financing, and other details that can be complex. A real estate agent can help you understand the process, provide information about the local market, coordinate with other parties involved in the transaction, and help you navigate the steps from beginning to closing.
For sellers, an agent can also help with pricing strategy, property preparation, marketing, showing coordination, offer evaluation, and negotiations. For buyers, an agent can help identify properties, arrange showings, prepare offers, negotiate terms, and coordinate the transaction.
If you're considering buying or selling without an agent, it's still a good idea to understand your responsibilities and consider consulting appropriate legal, tax, or financial professionals when necessary. If you'd like to explore whether working with an agent is right for you, we're happy to have a conversation and explain how we can help.
Century 21 Properties Plus provides real estate services designed to help clients navigate the buying and selling process. Our agents work with individuals, couples, families, investors, and others with a variety of real estate goals throughout the Charleston area and surrounding communities.
Our services include:
- Buying a home: Helping you search for properties, schedule showings, evaluate options, prepare offers, negotiate terms, and navigate the transaction through closing.
- Selling a home: Providing guidance on pricing, preparing your property for the market, marketing the home, evaluating offers, negotiating terms, and coordinating the transaction.
- Relocation: Helping buyers and sellers who are moving to or from the Charleston area, including those managing a move from another state or location.
- Military relocation: Assisting military members, veterans, and their households with real estate needs associated with relocation and PCS moves.
- Investment properties: Helping investors explore real estate opportunities and evaluate properties that align with their investment goals.
- New construction: Helping buyers navigate the process of purchasing a newly constructed home.
- Local market guidance: Providing insight into Charleston-area communities, properties, and current market conditions.
Because each client's situation is different, the services and guidance you need may vary. A Century 21 Properties Plus agent can discuss your goals and help you understand the options available for your specific situation.
Choosing a real estate company is about more than finding someone to open doors or put a sign in the yard. You want a company and an agent who can provide knowledgeable guidance, effective communication, and the resources to help you navigate your real estate goals.
Century 21 Properties Plus combines local market knowledge with the resources and recognition of the CENTURY 21® brand. Our agents serve buyers and sellers throughout the Charleston area and surrounding Lowcountry communities, bringing their individual experience and knowledge of the markets they serve.
When you work with Century 21 Properties Plus, you can benefit from:
- Local expertise: Our agents understand the communities and real estate markets where they work.
- A recognized global brand: CENTURY 21 provides a broad network and marketing resources that support our local agents.
- Marketing resources: Sellers benefit from tools and strategies designed to showcase their properties and reach potential buyers.
- Technology and online resources: Buyers and sellers have access to technology that helps make the real estate process more convenient and connected.
- A range of real estate experience: Our agents work with a variety of properties, clients, and real estate goals.
- Personalized service: Your agent works with you to understand your goals and help you navigate the process.
Most importantly, we believe your real estate experience should be built around your goals and your needs. Our agents are here to provide information, answer questions, and help you make informed decisions throughout your transaction.
If you're considering buying, selling, or investing in real estate in the Charleston area, connect with a Century 21 Properties Plus agent to start a conversation about your goals.
Century 21 Properties Plus serves buyers and sellers throughout a broad area of South Carolina, including the Charleston region, the surrounding Lowcountry, and communities extending into the Midlands. Our agents serve clients across Charleston, Berkeley, Dorchester, Colleton, Clarendon, Orangeburg, Lexington, Richland, Allendale, Hampton, and Jasper counties.
Our service area includes communities such as Charleston, Mount Pleasant, Summerville, Goose Creek, North Charleston, Johns Island, James Island, West Ashley, Daniel Island, Hanahan, Moncks Corner, Walterboro, Orangeburg, Lexington, Columbia, Ridgeland, and many other communities throughout the region.
Because each agent may specialize in different communities and property types, the best way to determine whether an agent serves your particular area is to connect with our team. Whether you're buying, selling, relocating, or investing, a Century 21 Properties Plus agent can help you understand the local market and your options.
Looking for a home or considering selling in the Charleston area? Connect with a Century 21 Properties Plus agent to get started.
Buying a Home
The home buying process can vary depending on your situation, the property you choose, and the terms of your transaction, but most purchases follow a similar series of steps:
- Determine your budget. Consider your income, savings, monthly expenses, and other financial obligations to establish a comfortable price range.
- Get pre-approved for a mortgage. If you're financing your purchase, a lender can review your financial information and provide a pre-approval that gives you a better idea of how much you may be able to borrow.
- Choose a real estate agent. Your agent can help you understand the local market, identify properties, arrange showings, and guide you through the transaction.
- Search for a home. Once you know your budget and priorities, your agent can help you evaluate available properties.
- Make an offer. When you find the right property, your agent can help you prepare an offer and negotiate the terms of the purchase.
- Complete due diligence. Depending on the transaction, this may include inspections, an appraisal, reviewing property information, obtaining homeowners insurance, and completing other necessary steps.
- Finalize your financing. Your lender will continue processing your mortgage and work toward final loan approval.
- Prepare for closing. You'll review and sign the necessary documents, complete any required funds transfer, and satisfy the remaining requirements of the transaction.
- Close on the home. Once the transaction is completed and ownership is transferred, you'll receive the keys to your new home.
The process can feel like a lot to manage, especially if you're purchasing a home for the first time. A knowledgeable real estate agent can help you understand what happens at each stage, keep track of important deadlines, and coordinate with your lender, closing attorney, or other professionals involved in the transaction.
If you're considering buying a home in the Charleston area, connect with a Century 21 Properties Plus agent to discuss your goals and learn more about the home buying process.
The amount of money you need to buy a home depends on several factors, including the price of the property, the type of mortgage you choose, your lender's requirements, and the costs associated with the purchase. You do not necessarily need to have enough money to cover the entire purchase price upfront.
Some of the expenses you may need to plan for include:
- Down payment: The amount you put toward the purchase price can vary depending on your loan type and financial situation. Some loan programs may allow for a lower down payment, while others may require more.
- Closing costs: Buyers may have expenses related to the mortgage, title work, recording, and other services required to complete the transaction.
- Earnest money: You may be asked to provide earnest money when you enter into a purchase agreement. The amount and terms depend on the contract.
- Inspection and other due diligence costs: Depending on the property and transaction, you may choose to have inspections or other evaluations performed.
- Moving and initial home expenses: It's also wise to budget for moving costs, furnishings, maintenance, and unexpected expenses after you become a homeowner.
Your lender can help you understand the funds required for your particular loan, while your real estate agent can help you understand the other costs associated with purchasing a home. If you need help finding a lender, your Century 21 Properties Plus agent can provide the names of lending professionals as a resource. You are free to choose any lender you prefer, and you are not required to use a lender recommended by your agent or Century 21 Properties Plus.
There isn't one dollar amount that every buyer needs to have saved before purchasing a home. If you're considering buying a home, connect with a Century 21 Properties Plus agent to discuss your goals, learn what steps you can take to prepare, and get connected with resources that may be helpful along the way.
Knowing how much house you can afford involves more than looking at the maximum loan amount a lender may approve. Your comfortable price range should take into account your income, monthly expenses, savings, debt, and other financial goals.
When determining your budget, consider expenses such as:
- Monthly mortgage payment, including principal and interest
- Property taxes
- Homeowners insurance
- Mortgage insurance, if applicable
- Homeowners association (HOA) fees, if applicable
- Utilities and maintenance
- Other monthly debts and financial obligations
Getting pre-approved by a lender can help you understand how much you may qualify to borrow, but the amount you are approved for isn't necessarily the amount you should spend. It's important to choose a monthly payment that fits comfortably within your overall financial situation.
A real estate agent can also help you understand how your budget translates to the local market and what types of properties may be available within your price range. Your lender can provide guidance specific to your financing and financial circumstances.
If you're beginning your home search, connect with a Century 21 Properties Plus agent to discuss your goals and get started.
In most cases, getting pre-approved before you begin seriously shopping for a home is a good idea, particularly if you plan to finance your purchase. A mortgage pre-approval can help you understand your potential borrowing range and give you a clearer idea of what homes may fit within your budget.
There are several advantages to getting pre-approved early:
- Understand your budget: A lender can review your financial information and provide an estimate of how much you may be able to borrow.
- Narrow your home search: Knowing your financing range can help you focus on properties that fit your budget.
- Be prepared to make an offer: Sellers may want to see evidence that you have financing in place when you submit an offer.
- Identify potential issues early: The pre-approval process may bring attention to credit, income, debt, or documentation issues that you can address before you're ready to purchase.
- Move forward with greater confidence: Understanding your financing options can make the home buying process easier to navigate.
A pre-approval is not a guarantee that you will receive a mortgage, and your final loan approval will depend on additional review by your lender and the specific property you choose.
If you need help finding a lender, your Century 21 Properties Plus agent can provide the names of lending professionals as a resource. You are free to choose any lender you prefer and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
If you're ready to start exploring your options, connect with a Century 21 Properties Plus agent.
A mortgage pre-approval is a preliminary assessment from a lender indicating how much you may be able to borrow to purchase a home. During the pre-approval process, the lender typically reviews information such as your income, assets, debts, and credit history to determine what financing you may qualify for.
A pre-approval can help you:
- Understand your potential buying power before you begin your home search.
- Establish a realistic price range based on your financing options.
- Prepare to make an offer when you find a home you want to purchase.
- Identify potential financing concerns early so you have time to address them.
It is important to understand that a pre-approval is not a final loan approval or a guarantee that you will receive financing. Your lender will continue reviewing your financial information and the property itself as you move through the purchase process.
If you're not sure where to start, a Century 21 Properties Plus agent can provide the names of lending professionals as a resource. You are free to choose any lender you prefer and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
Getting pre-approved is often one of the first steps toward understanding your options. Once you know your potential financing range, connect with a Century 21 Properties Plus agent to begin exploring homes that may fit your goals.
The time it takes to buy a home can vary considerably depending on your financing, the property you choose, the terms of the transaction, and how quickly the necessary steps are completed. Some purchases may move relatively quickly, while others can take several months from the initial home search through closing.
The process generally includes:
- Preparing to buy: Getting your finances in order and obtaining mortgage pre-approval can take some time before you begin your search.
- Finding a home: The length of your home search depends on your preferences, budget, and the available properties that meet your needs.
- Making and negotiating an offer: Once you find a home, the time required to reach an agreement can vary.
- Due diligence and financing: Inspections, appraisal, title work, loan processing, and other requirements take place after you enter into a contract.
- Closing: Once all required conditions have been satisfied, you'll complete the closing process and take ownership of the property.
For buyers who already have a home selected and are under contract, the period between an accepted offer and closing is often measured in weeks rather than months, but the exact timeline depends on the terms of the contract and circumstances of the transaction.
Your real estate agent can help you understand the anticipated timeline, keep track of important deadlines, and coordinate with your lender, closing attorney, and other professionals involved in the purchase.
If you're thinking about buying a home in the Charleston area, connect with a Century 21 Properties Plus agent to discuss your timeline and get started.
When touring a home, it's easy to focus on the features you like, but it's also important to look beyond the finishes and consider whether the property fits your needs, budget, and plans.
As you walk through a home, consider:
- Layout and functionality: Does the floor plan work for how you intend to use the space?
- Condition: Look at the age and condition of major components such as the roof, HVAC system, windows, plumbing, and electrical systems.
- Storage: Consider closets, cabinets, garages, attics, and other available storage.
- Outdoor space: Look at the yard, drainage, landscaping, fencing, and other exterior features.
- Location: Consider the property's proximity to the places and amenities that are important to you, as well as traffic, noise, and surrounding development.
- Future needs: Think about whether the home can continue to meet your needs as your circumstances change.
- Potential costs: Consider maintenance, utilities, HOA fees, insurance, property taxes, and potential improvements.
It's also a good idea to look beyond what you can see during a showing. A home inspection can provide a more detailed evaluation of the property's condition once you're under contract, depending on the terms of your agreement.
Your real estate agent can help you ask questions, identify information you may want to investigate further, and point you toward resources that can help you evaluate the property. However, your agent isn't a substitute for a qualified home inspector or other appropriate professionals when specialized evaluations are needed.
When you're ready to start looking at homes, connect with a Century 21 Properties Plus agent to begin your search.
When you find a home you want to purchase, your real estate agent can help you prepare an offer based on the property, current market conditions, and your goals. An offer is more than simply choosing a price; it can include several terms that affect the transaction.
Depending on the property and circumstances, an offer may address:
- Purchase price
- Financing terms
- Earnest money
- Due diligence or inspection terms
- Closing date
- Items included with the sale
- Contingencies or other conditions
- Other terms negotiated between the buyer and seller
Your agent can help you understand the different components of an offer and provide information about the property and market to help you make an informed decision. However, your agent cannot make the decision for you. You ultimately determine the terms you are comfortable offering.
Once your offer is submitted, the seller may accept it, reject it, or respond with different terms. Your agent can help you navigate any negotiations and explain what happens next.
Because real estate contracts are legally binding documents, buyers should carefully review the terms of an offer and seek legal advice when appropriate.
If you've found a home you're interested in, connect with a Century 21 Properties Plus agent to discuss the next steps.
Once your offer is accepted, the home enters the next stage of the buying process. The specific steps and deadlines will depend on the terms of your contract, but your real estate agent can help you understand what needs to happen and when.
After an offer is accepted, you may need to:
- Submit any required earnest money or other funds according to the terms of your agreement.
- Complete due diligence, which may include property inspections, reviewing disclosures and other property information, and completing any other investigations allowed or required under your contract.
- Complete the appraisal, if required by your lender.
- Finalize your mortgage financing and provide your lender with any requested documentation.
- Obtain homeowners insurance and satisfy any other insurance requirements.
- Complete title work and address any title-related matters.
- Review your closing documents and prepare any funds needed to complete the purchase.
- Complete the final walkthrough, if applicable, to make sure the property is in the expected condition before closing.
- Attend or complete the closing process and sign the documents necessary to transfer ownership.
It's important to pay close attention to the deadlines in your contract. Missing a deadline or failing to complete a required step can affect your transaction.
Your Century 21 Properties Plus agent can help you keep track of the process, communicate with the other parties involved, and coordinate with your lender, closing attorney, inspectors, and other professionals.
Once all requirements have been satisfied and the transaction closes, you'll officially become the owner of the property and receive the keys according to the terms of the transaction.
Closing costs are the expenses associated with completing a real estate purchase that are separate from the purchase price of the home. The exact amount and which party is responsible for specific costs can vary depending on the transaction, loan type, contract terms, and other factors.
For buyers, closing costs may include expenses such as:
- Loan-related fees charged by the lender
- Appraisal fees
- Title search and title-related services
- Recording fees
- Prepaid property taxes and insurance
- Homeowners insurance
- Other services or fees required to complete the transaction
Some buyers may also have prepaid or escrowed expenses collected at closing to establish accounts for future property taxes or insurance.
The amount you'll need to bring to closing can vary significantly from one transaction to another. Your lender and closing attorney can provide a more specific estimate based on your loan and purchase. You may receive a Loan Estimate early in the mortgage process and a Closing Disclosure before closing that outlines many of the costs associated with your loan and transaction.
Your real estate agent can help you understand the general purpose of the costs and coordinate with your lender and closing attorney, but your lender and closing attorney are the best sources for the specific amounts applicable to your transaction.
If you're planning to purchase a home and want to better understand the costs involved, connect with a Century 21 Properties Plus agent to get started.
In most transactions, you'll receive the keys to your new home after the closing has been completed and ownership has officially transferred according to the terms of your contract.
The exact timing can vary. In some transactions, the buyer receives the keys at or immediately after closing. In others, the contract may provide for a different possession date, meaning you may not receive possession of the property immediately after closing.
Before closing, your real estate agent can help you understand the agreed-upon possession terms and coordinate with the appropriate parties. You may also complete a final walkthrough before closing to make sure the property is in the expected condition and that any agreed-upon items or repairs have been addressed.
Once the closing process is complete and you're entitled to possession under your agreement, you'll be ready to take ownership and begin settling into your new home.
If you're preparing to purchase a home, connect with a Century 21 Properties Plus agent to learn more about what to expect from contract to closing.
Once your offer has been accepted, it's important to protect your financial situation and avoid making major changes that could affect your mortgage approval or the transaction. Until your purchase is complete, it's generally best to keep your finances and circumstances as stable as possible.
Before closing, consider avoiding:
- Making large purchases: Buying a car, furniture, appliances, or other expensive items can change your debt-to-income ratio or available funds.
- Opening new credit accounts: New credit applications or accounts can affect your credit profile and may require additional documentation from your lender.
- Taking on new debt: Avoid co-signing loans or making other significant financial commitments without discussing them with your lender.
- Changing jobs or employment status: If possible, avoid making significant employment changes before closing. If a change is unavoidable, talk with your lender as soon as possible.
- Moving money without documentation: Large or unexplained deposits or transfers can create additional questions during the mortgage process.
- Missing payments: Continue making your existing mortgage, credit card, loan, and other payments on time.
- Spending the funds needed for closing: Make sure you have the money required for your down payment, closing costs, and other transaction expenses available when needed.
- Skipping required steps: Stay in communication with your lender and real estate agent and respond promptly to requests for documents or information.
- Making major changes to the property: If you're planning renovations or other significant changes before closing, discuss them with your agent and lender first.
Every transaction is different, and your lender may have specific requirements based on your loan. Before making a significant financial or employment change, talk with your lender to understand how it could affect your mortgage approval.
Your Century 21 Properties Plus agent can also help you stay aware of important transaction deadlines and coordinate with the professionals involved in your purchase.
If you have questions about your upcoming closing, connect with a Century 21 Properties Plus agent and we'll help you understand what to expect.
Selling a Home
The value of your home is influenced by several factors, including its location, size, condition, features, recent improvements, and current market conditions. One of the best ways to get an idea of what your home may be worth is to have a real estate agent prepare a comparative market analysis (CMA).
A CMA looks at recently sold properties that are similar to your home, as well as homes currently on the market and other relevant local market information. Your agent can evaluate factors such as:
- Location and neighborhood
- Size and layout of the home
- Number of bedrooms and bathrooms
- Condition and age of the property
- Recent renovations and upgrades
- Lot size and outdoor features
- Comparable homes that have recently sold
- Current competition from similar homes for sale
- Current market conditions
A CMA is different from a professional appraisal. A real estate agent uses market data to help develop a pricing strategy, while a licensed appraiser provides an independent valuation for a specific purpose, such as a mortgage transaction.
It's also important to remember that online home value estimates are only estimates and may not account for the condition, improvements, or unique characteristics of your property.
If you're thinking about selling, connect with a Century 21 Properties Plus agent to discuss your home and learn more about its potential market value.
A home's value is influenced by a combination of factors, including the property itself, its location, and current market conditions. There isn't one single formula that determines what a home is worth, which is why understanding the local market is an important part of developing a pricing strategy.
Some of the factors that can influence a home's value include:
- Location: The property's location, surrounding area, accessibility, and nearby amenities can all influence value.
- Size and features: Square footage, bedrooms, bathrooms, floor plan, lot size, and other features are considered.
- Condition: The age and condition of the home's major systems, finishes, and overall maintenance can affect its marketability and value.
- Updates and improvements: Renovations and improvements may add value, although the return on an improvement can vary.
- Comparable properties: Recently sold homes with similar characteristics can provide useful insight into current market value.
- Current competition: Similar homes currently for sale can influence how buyers perceive a property's price and position in the market.
- Market conditions: Supply and demand, interest rates, economic conditions, and buyer activity can all affect home values.
A real estate agent can use current local market data and comparable properties to prepare a comparative market analysis (CMA) and help you develop a pricing strategy. A professional appraisal is a separate process performed by a licensed appraiser for a specific purpose.
Because the real estate market changes over time, the value of a home today may be different from what it was worth several months or years ago.
If you're considering selling your home, connect with a Century 21 Properties Plus agent to discuss the factors that may influence your property's value.
You generally don't need to get a professional appraisal before listing your home, but there are situations where an appraisal may be useful. For many sellers, a real estate agent can provide a comparative market analysis (CMA) to help determine an appropriate listing price based on current local market data.
A professional appraisal and a CMA serve different purposes:
- Comparative market analysis: A real estate agent evaluates recent sales, current listings, property characteristics, and market conditions to help develop a pricing strategy.
- Professional appraisal: A licensed appraiser provides an independent opinion of a property's value based on an appraisal assignment and its intended use.
An appraisal may be worth considering if your property has unique features, you've made significant improvements, there are few comparable recent sales, or you simply want an additional professional opinion before listing.
However, paying for an appraisal doesn't necessarily mean your home should be listed at the appraised value. The price buyers are willing to pay is ultimately influenced by current market conditions and buyer demand.
If you're unsure whether an appraisal makes sense for your situation, your real estate agent can help you understand the potential benefits and costs. Connect with a Century 21 Properties Plus agent to discuss your home and your selling goals.
There isn't a set amount of time it takes to sell a home. The timeline can vary based on factors such as the property's location, condition, price, marketing strategy, current market conditions, and buyer demand.
The overall selling process typically includes:
- Preparing the home: Repairs, cleaning, decluttering, staging, photography, and other preparations can take anywhere from a few days to several weeks.
- Listing and marketing: Once the home is on the market, the time it takes to receive an acceptable offer can vary considerably.
- Negotiating and going under contract: After receiving an offer, you and the buyer will negotiate the terms and enter into a contract if an agreement is reached.
- Due diligence and closing: After going under contract, the buyer may complete inspections, appraisal, financing, title work, and other required steps before closing.
A home that is priced appropriately and prepared for the market may attract attention more quickly, but there is no guarantee of how quickly a property will sell.
Your real estate agent can help you establish a pricing and marketing strategy based on current market conditions and your goals, as well as help you understand what to expect throughout the process.
If you're thinking about selling your home, connect with a Century 21 Properties Plus agent to discuss your timeline and selling options.
There isn't one "best" time to sell every home. The right time depends on your personal circumstances, the property you're selling, and the current real estate market.
Seasonal patterns can influence buyer activity, inventory, and competition, but local market conditions can be more important than the calendar. Factors to consider include:
- Current buyer demand: How many buyers are actively looking for homes in your area?
- Competition: How many similar properties are currently available?
- Your home's condition: Is the property ready to be marketed, or would additional preparation be beneficial?
- Your financial situation: Consider your mortgage, equity, moving expenses, and other costs associated with selling.
- Your next move: If you're planning to purchase another home, your timing may depend on the availability and pricing of homes you're considering.
- Local market conditions: Inventory, interest rates, pricing trends, and other market factors can change over time.
Rather than waiting for a particular month or season, it can be helpful to talk with a local real estate agent about current conditions and how they relate to your specific property and goals.
If you're wondering whether now is the right time to sell, connect with a Century 21 Properties Plus agent to discuss your situation and the current market.
Not every home needs to be completely renovated before it goes on the market. The best approach depends on your home's current condition, the types of repairs needed, your budget, and what buyers are likely to expect in your market.
Before making major improvements, consider:
- Necessary repairs: Addressing obvious maintenance or safety issues may help prevent concerns during showings, inspections, or negotiations.
- Condition of major systems: Issues involving the roof, HVAC, plumbing, electrical systems, or other major components may be important to address or disclose.
- Cosmetic improvements: Fresh paint, updated lighting, landscaping, or other relatively simple improvements may help improve the home's presentation.
- Return on investment: The cost of an improvement doesn't necessarily translate into the same amount of added value, so consider whether the expense is likely to benefit your sale.
- Your timeline and budget: If you're hoping to sell soon, extensive renovations may not make sense.
Your real estate agent can walk through the property with you and help identify improvements that may make sense before listing. In some cases, selling the home in its current condition may be the better option.
Before beginning major renovations, it's also worth discussing your plans with your agent so you can consider how the improvements may affect your pricing and marketing strategy.
If you're wondering what, if anything, you should change before selling, connect with a Century 21 Properties Plus agent for a conversation about your home and your goals.
The improvements that add the most value can vary depending on the property, neighborhood, market conditions, and what buyers are looking for. There is no guarantee that a particular renovation will return its full cost when you sell.
In many cases, sellers can benefit from focusing on improvements that enhance the home's condition, functionality, and overall presentation rather than taking on major renovations solely to prepare for a sale.
Depending on the home, improvements worth considering may include:
- Fresh interior paint in clean, neutral tones
- Updated lighting and fixtures
- Landscaping and curb appeal
- Minor kitchen or bathroom updates
- Addressing visible maintenance issues
- Deep cleaning and decluttering
- Replacing worn or damaged flooring
- Making the home feel well-maintained and move-in ready
Major renovations, such as completely remodeling a kitchen or bathroom, replacing all flooring, or making significant structural changes, may not always make financial sense immediately before selling.
Before investing in an improvement, consider the cost, the condition of your home, comparable properties in your area, and the expectations of buyers in your market. A local real estate agent can help you prioritize improvements that may make the most sense for your particular property.
If you're preparing to sell and aren't sure where to invest your time or money, connect with a Century 21 Properties Plus agent to discuss your home's condition and your selling goals.
Preparing your home for showings is about helping potential buyers see the property's features while making the space feel clean, comfortable, and well-maintained. You don't necessarily need to make major changes, but thoughtful preparation can help your home make a strong first impression.
Before showings, consider:
- Decluttering: Remove excess items from countertops, closets, shelves, and other areas to make spaces feel more open.
- Deep cleaning: Pay attention to kitchens, bathrooms, floors, windows, and other areas that buyers are likely to notice.
- Making necessary repairs: Address obvious maintenance issues and anything that could distract from the home's features.
- Improving curb appeal: Keep lawns and landscaping maintained, clean the entryway, and make the exterior look inviting.
- Maximizing natural light: Open blinds and curtains and turn on appropriate lights before a showing.
- Neutralizing odors: Avoid strong scents and address any persistent odors before buyers arrive.
- Creating comfortable spaces: Keep rooms at a comfortable temperature and present the home in a way that allows buyers to easily imagine how they might use the space.
- Securing valuables and personal information: Store jewelry, medications, sensitive documents, and other valuable or private items securely.
- Making the home accessible: When possible, allow buyers and their agents enough time to comfortably tour the property.
Your real estate agent can also provide recommendations specific to your property and help you determine what preparation is worthwhile before listing.
If you're getting ready to put your home on the market, connect with a Century 21 Properties Plus agent for guidance on preparing your property for showings.
A strong marketing strategy helps put your home in front of potential buyers and presents the property in a way that highlights its features and value. The specific marketing plan can vary depending on the property, price range, location, and current market conditions.
When you list your home with Century 21 Properties Plus, your property can benefit from the global reach and marketing resources of the CENTURY 21® brand. Your listing can be distributed across 170+ websites nationwide, helping expand its exposure beyond buyers searching in your immediate area.
Global Reach Through Century 21
When you list your home with Century 21 Properties Plus, your property benefits from the reach of the CENTURY 21 global brand. The CENTURY 21 network spans:
- 85 countries
- 129,500+ agents
- 11,000+ offices
- 1.7 million visits per month to Century21.com
The CENTURY 21 digital platform also provides international reach, with content available in 19 different languages and 43 local currencies. This helps make properties more accessible to consumers searching beyond their local market.
According to current CENTURY 21 brand data, 87% of consumers who visit Century21.com navigate directly to the site rather than arriving through a search engine, while 89% of traffic comes to the site organically without online search advertising.
Local & Digital Marketing
In addition to the CENTURY 21 brand's national and international reach, your property's marketing strategy may include:
- Professional photography to showcase the home's spaces and features
- MLS exposure and distribution to real estate search platforms
- Property websites and digital marketing
- Social media promotion
- Virtual tours and video, when appropriate
- Open houses and private showings
- Print and other promotional materials, when appropriate
Effective marketing isn't simply about putting a home in as many places as possible. Pricing, presentation, photography, property information, and the way the home is positioned in the market all work together to attract attention from potential buyers.
Your Century 21 Properties Plus agent can develop a marketing strategy based on your property, goals, and current market conditions.
If you're considering selling, connect with a Century 21 Properties Plus agent to learn more about how your home can be positioned and marketed to potential buyers.
Accepting an offer is an exciting milestone, but there are still several important steps before the sale is complete. Once you accept an offer, the transaction moves into the next stage, and your real estate agent can help you understand the process and keep everything moving toward closing.
Depending on the terms of your contract, the process may include:
- Contract and earnest money: The buyer and seller move forward according to the terms and deadlines established in the agreement.
- Due diligence and inspections: The buyer may conduct inspections and other evaluations permitted under the contract. Depending on the results, there may be additional discussions or negotiations.
- Appraisal: If the buyer is financing the purchase, their lender may order an appraisal to evaluate the property for lending purposes.
- Buyer financing: The buyer's lender continues processing the mortgage and works toward final loan approval.
- Title and closing preparation: The closing attorney or other appropriate professionals handle title work, prepare necessary documents, and coordinate the closing.
- Repairs or other negotiated items: If the contract includes agreed-upon repairs or other obligations, those items will need to be completed according to the terms of the agreement.
- Final preparations: You'll work with your agent and the closing professionals to address any remaining requirements and prepare for the closing.
- Closing: Once all requirements have been satisfied, the necessary documents are signed, funds are transferred, and ownership is transferred according to the terms of the transaction.
Even after accepting an offer, it's important to continue maintaining your home and communicating with your agent. Avoid making significant changes to the property or removing items that are included in the contract without discussing them with your agent first.
Your Century 21 Properties Plus agent can help coordinate communication between you, the buyer's agent, the closing attorney, and other professionals involved in the transaction. They can also help you understand important deadlines and what to expect as you move toward closing.
If you're preparing to sell your home, connect with a Century 21 Properties Plus agent to learn more about the selling process.
Seller closing costs can vary depending on the property's sale price, the terms of the contract, the services required to complete the transaction, and other factors. There isn't one standard amount that every seller will pay.
Depending on the transaction, seller expenses may include:
- Real estate brokerage fees or compensation, as agreed upon in your listing and transaction agreements
- Attorney and closing fees
- Title-related expenses
- Recording or other transaction-related fees
- Property taxes or other prorated expenses
- Mortgage payoff and related fees, if applicable
- Agreed-upon buyer concessions or credits, if included in the contract
- Repairs or other expenses negotiated as part of the sale
- Other costs required to complete the transaction
Your actual costs will depend on your specific circumstances and the terms of your agreement. Your closing attorney can provide a detailed accounting of the costs associated with your transaction, while your real estate agent can help you understand the general expenses you may need to consider when planning your sale.
It's also important to distinguish between closing costs and the amount you'll receive from the sale. Your final proceeds will depend on the sale price minus your mortgage payoff, applicable closing costs, negotiated expenses, and other amounts associated with the transaction.
Before listing your home, your Century 21 Properties Plus agent can help you estimate potential selling expenses so you have a clearer picture of what you may net from the sale.
If you're considering selling and want to understand the potential costs involved, connect with a Century 21 Properties Plus agent to discuss your property and selling goals.
Yes. Many homeowners buy and sell at the same time, but coordinating both transactions can require careful planning. Your best approach will depend on your finances, your current home's marketability, your desired next home, and the timing of both transactions.
Some common approaches include:
- Sell first, then buy: Selling your current home before purchasing another can give you a clearer idea of your available funds and may make it easier to qualify for your next mortgage. You may need temporary housing if your next home isn't ready when your current home sells.
- Buy first, then sell: Purchasing your next home before selling can make the move easier, but you'll need to be prepared to carry two properties and their associated expenses if your current home doesn't sell quickly.
- Coordinate both transactions: Your agent can help you plan the timing of the sale and purchase so the transactions are coordinated as closely as possible. However, the timing of each transaction ultimately depends on the specific contracts and circumstances involved.
If you need financing for your next home, talk with your lender early in the process. They can help you understand how your current mortgage, potential sale proceeds, income, debts, and new loan may affect your financing options.
It's also important to have a realistic understanding of your home's potential market value and the amount you may have available after selling. Your agent can help you evaluate your options and develop a strategy based on your goals.
Buying and selling simultaneously can involve more moving parts than a typical transaction, but having an experienced agent help coordinate the process can make it easier to manage.
If you're thinking about selling your current home while purchasing another, connect with a Century 21 Properties Plus agent to discuss your options and create a plan that works for your situation.
First-Time Buyers
Being ready to buy your first home isn't just about having enough money for a down payment. It's about understanding your finances, having a plan for the ongoing costs of homeownership, and feeling prepared to take on the responsibilities that come with owning a home.
Some questions to consider include:
- Is your income stable? Consider whether your current income and employment situation are reasonably consistent.
- Have you reviewed your budget? Make sure you understand your monthly income, expenses, debts, and how a potential mortgage payment would fit into your budget.
- Do you have money saved? In addition to a down payment, you'll want to consider closing costs, inspections, moving expenses, and money for unexpected repairs or maintenance.
- Have you reviewed your credit? Your credit history can affect the mortgage programs and interest rates available to you.
- Are you comfortable with the ongoing responsibilities of homeownership? Homeowners are responsible for maintenance, repairs, insurance, property taxes, and other costs that may not come with renting.
- Are you planning to stay in the area? Think about your plans and whether purchasing makes sense for your expected timeframe.
You don't necessarily need perfect finances or a large down payment to become a homeowner. There may be loan programs and other resources available depending on your circumstances.
A lender can help you understand your potential financing options, while a real estate agent can help you understand the home buying process and what is available within your price range.
If you're wondering whether you're ready to take the next step, connect with a Century 21 Properties Plus agent. We can help you understand the process and connect you with resources to help you make an informed decision.
There isn't one specific amount that every first-time buyer needs to save before purchasing a home. The amount you'll need depends on the price of the home, your loan program, your down payment, closing costs, and other expenses associated with the purchase.
When building your savings, consider setting money aside for:
- Down payment: Your required down payment depends on your loan type and financial circumstances. Some loan programs may allow you to purchase with a lower down payment.
- Closing costs: These are expenses associated with completing the purchase and can include lender fees, title-related expenses, recording fees, prepaid taxes and insurance, and other costs.
- Earnest money: Your purchase contract may require earnest money, which is generally credited toward the purchase at closing if the transaction proceeds according to the agreement.
- Inspections and other due diligence: You may have expenses for a home inspection or other evaluations during the purchase process.
- Moving expenses: Consider transportation, movers, deposits, utility setup, and other costs associated with moving into your new home.
- Emergency and maintenance savings: Unlike renting, homeowners are generally responsible for unexpected repairs and ongoing maintenance, so having money set aside after closing can provide an important financial cushion.
You may also want to research whether you qualify for down payment assistance or other home buyer programs that could help reduce the amount you need to bring to the purchase.
A lender can help you estimate the funds you may need based on your financing options, while your real estate agent can help you understand the other expenses you should consider when planning your purchase.
If you're saving for your first home and aren't sure where to start, connect with a Century 21 Properties Plus agent. We can help you understand the process and provide resources to help you prepare.
There isn't one universal credit score required to buy a home. The minimum score can vary depending on the type of mortgage, the lender, your overall financial situation, and other factors.
Your credit score is just one part of a lender's evaluation. Lenders may also consider your:
- Income and employment history
- Debt and debt-to-income ratio
- Down payment and available assets
- Credit history and payment history
- Loan type and amount
- Overall financial circumstances
Some mortgage programs may be available to borrowers with lower credit scores, while a stronger credit profile may provide access to more financing options or potentially more favorable terms.
If you're thinking about buying your first home, it's a good idea to talk with a lender before beginning your search. A lender can review your individual circumstances, explain the loan programs you may qualify for, and let you know if there are steps you could take to strengthen your application.
If you need help finding a lender, your Century 21 Properties Plus agent can provide the names of lending professionals as a resource. You are free to choose any lender you prefer and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
If you're ready to explore your options, connect with a Century 21 Properties Plus agent and we can help you get started.
Yes. Depending on your financial situation and the mortgage program you qualify for, you may be able to purchase a home with a relatively low down payment. The amount required varies by loan type, lender requirements, purchase price, and other factors.
Some mortgage programs are designed to provide lower down payment options, and eligible buyers may also qualify for down payment assistance or other home buyer programs.
It's important to remember that a lower down payment doesn't necessarily mean you won't need additional funds to purchase a home. You may still need money for:
- Closing costs
- Earnest money
- Inspections and other due diligence
- Prepaid taxes and insurance
- Moving expenses
- Initial repairs or maintenance
A lower down payment may also result in private mortgage insurance (PMI) or another form of mortgage insurance, depending on your loan.
The best way to understand your options is to speak with a lender who can review your financial circumstances and explain the loan programs and assistance options for which you may qualify.
If you need help finding a lender, your Century 21 Properties Plus agent can provide the names of lending professionals as a resource. You are free to choose any lender you prefer and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
If you're ready to explore your home buying options, connect with a Century 21 Properties Plus agent and we can help you get started.
Yes. Depending on your location, income, credit profile, loan type, and other qualifications, you may be eligible for programs designed to help first-time home buyers with expenses such as down payments or closing costs.
Programs and eligibility requirements can change, so it's important to review current options with a qualified lender or housing agency. Some programs may have requirements related to income, purchase price, property location, occupancy, credit, or home buyer education.
First-time buyers may want to explore resources such as:
- Down payment assistance programs
- Closing cost assistance
- Low-down-payment mortgage programs
- State or local housing programs
- Federal home loan programs
- Home buyer education programs
Being a first-time buyer doesn't necessarily mean you have to make a large down payment or meet one specific set of requirements. Your available options depend on your individual circumstances.
Your Century 21 Properties Plus agent can provide the names of lending professionals and other housing resources as a starting point. You are free to choose any lender you prefer and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
If you're a first-time buyer and want to understand what resources may be available to you, connect with a Century 21 Properties Plus agent. We can help you understand the home buying process and point you toward resources that may be helpful.
Private mortgage insurance, commonly called PMI, is insurance that may be required by a lender when you finance a conventional mortgage with a smaller down payment. PMI protects the lender if the borrower does not repay the loan; it does not protect the homeowner.
PMI is typically associated with conventional loans when the borrower's down payment is less than 20%, although the specific requirements can vary by lender and loan program.
Depending on your loan, PMI may:
- Be included as part of your monthly mortgage payment
- Be calculated based on factors such as your loan amount, down payment, and credit profile
- Eventually be eligible for cancellation or termination once certain requirements are met
Not every mortgage requires PMI. Other types of loans may have their own mortgage insurance or guarantee requirements, so it's important to understand the specific terms of the loan you're considering.
If you're concerned about PMI, talk with your lender about how different down payment amounts and loan programs could affect your monthly payment and overall borrowing costs.
If you need help finding a lender, your Century 21 Properties Plus agent can provide the names of lending professionals as a resource. You are free to choose any lender you prefer and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
If you're comparing your home financing options, connect with a Century 21 Properties Plus agent and we can help you get started.
Whether buying or renting makes more sense depends on your financial situation, plans, and priorities. There isn't one choice that's right for everyone, and it's helpful to consider both the short-term and long-term costs of each option.
When comparing buying and renting, consider:
- Monthly costs: Compare your potential mortgage payment with current rental costs, while also accounting for property taxes, insurance, HOA fees, maintenance, and other homeownership expenses.
- Upfront costs: Buying a home generally requires money for a down payment, closing costs, inspections, and other expenses.
- Maintenance and repairs: Homeowners are responsible for maintaining their property and paying for unexpected repairs, while many rental maintenance responsibilities fall to the property owner.
- Stability and flexibility: Buying can provide more control over your living situation, while renting may offer greater flexibility if you expect to move in the near future.
- Building equity: Homeowners may build equity over time as they make mortgage payments and as the property's value changes, although home values can also decline.
- Market conditions: Home prices, interest rates, rental costs, and local market conditions can all affect the comparison between buying and renting.
- Your future plans: Consider how long you expect to stay in the area and whether your current housing needs are likely to change.
It can also be helpful to compare the total cost of homeownership, rather than looking only at the mortgage payment. Property taxes, insurance, maintenance, utilities, HOA fees, and other expenses can all affect the overall cost.
A real estate agent can help you understand the local housing market and explore available homes, while a lender can help you understand what purchasing a home may look like based on your financial situation.
If you're trying to decide whether buying is right for you, connect with a Century 21 Properties Plus agent to discuss your options.
Buying your first home can be exciting, but there are several common mistakes that can make the process more difficult or expensive. Taking time to prepare and working with the right professionals can help you make more informed decisions.
Some common mistakes to avoid include:
- Shopping before understanding your budget: Know what you can comfortably afford before focusing on specific homes.
- Skipping mortgage pre-approval: Getting pre-approved early can help you understand your potential financing options and price range.
- Focusing only on the purchase price: Remember to account for closing costs, property taxes, insurance, HOA fees, maintenance, utilities, and other ongoing expenses.
- Making major financial changes before closing: Avoid taking on significant new debt, making large purchases, or making other major financial changes without talking with your lender first.
- Skipping inspections: A home inspection can provide valuable information about the condition of a property. Understand what inspections are available and what they cover.
- Getting too focused on cosmetic features: Paint, flooring, fixtures, and décor can often be changed. Pay attention to the home's location, layout, condition, and major systems as well.
- Ignoring the surrounding area: Consider factors such as commute, nearby amenities, traffic, noise, and future development.
- Failing to understand the contract: Real estate contracts contain important terms, deadlines, and obligations. Ask questions and seek legal advice when appropriate.
- Spending every dollar on the purchase: Try to maintain savings for unexpected repairs, maintenance, and other expenses after you move in.
- Making decisions based only on emotion: It's easy to become attached to a home, but staying within your budget and evaluating the property carefully can help protect your long-term financial interests.
Your real estate agent can help you understand the home buying process, identify questions to ask, and coordinate with your lender, inspectors, closing attorney, and other professionals.
If you're preparing to purchase your first home, connect with a Century 21 Properties Plus agent to discuss the process and get started with a plan that fits your goals.
Before making an offer on a home, it's helpful to ask questions that go beyond the home's appearance. Understanding the property's condition, costs, history, and location can help you make a more informed decision.
Some questions to consider include:
- How long has the home been on the market?
- Has the property been listed or sold previously?
- Are there any known issues with the home?
- How old are the roof, HVAC system, water heater, and other major components?
- Have there been any recent renovations or major repairs?
- What are the property taxes and homeowners insurance costs?
- Are there HOA fees or other recurring property expenses?
- What utilities and services are available at the property?
- What is included with the sale?
- Are there any known restrictions, easements, or other property considerations?
- What inspections should I consider?
- What are the anticipated costs of maintaining the property?
- Are there any neighborhood or development changes that could affect the property?
- What is important for me to know before making an offer?
Some questions may be answered through the seller's disclosures, property records, inspections, title work, or other due diligence. Your real estate agent can help you identify questions specific to the property and explain what information may be available.
It's also important to remember that your agent can help you gather information and navigate the transaction, but certain questions may be best directed to qualified professionals. For example, a home inspector can evaluate the property's physical condition, while a lender can answer questions about financing.
Taking the time to ask questions before making an offer can help you better understand the property and make a decision based on more than just first impressions.
If you're ready to start looking at homes, connect with a Century 21 Properties Plus agent to begin your search.
Relocating to the Charleston Area
Charleston offers a unique combination of coastal living, historic character, outdoor recreation, dining, arts, and a variety of communities and housing options. Whether Charleston is the right place for you depends on your lifestyle, budget, priorities, and what you're looking for in a community.
The Charleston region includes a variety of communities, each with its own character and housing market. Depending on your preferences, you may want to explore areas such as Charleston, Mount Pleasant, Summerville, Goose Creek, North Charleston, West Ashley, Johns Island, James Island, Daniel Island, and surrounding communities.
When considering a move to the Charleston area, it can be helpful to think about:
- Location and commute: Where you'll work or spend most of your time can have a significant impact on which communities make sense for you.
- Housing options: The area offers everything from historic homes and established neighborhoods to newer construction, condos, townhomes, and properties with larger lots.
- Lifestyle: Consider access to beaches, parks, restaurants, shopping, cultural attractions, and outdoor activities.
- Cost of living: Housing costs, property taxes, insurance, utilities, transportation, and other expenses can vary depending on where you live.
- Weather and coastal considerations: Charleston's coastal location means it's important to understand factors such as hurricanes, flooding, insurance, and property elevation when purchasing a home.
- Community: Spend time exploring different areas to get a feel for what fits your preferences and daily routine.
If you're relocating to Charleston, you don't have to choose a community before you begin your search. A local real estate agent can help you compare different areas and find properties that fit your goals and budget.
If you're considering a move to the Charleston area, connect with a Century 21 Properties Plus agent to discuss your relocation and learn more about the communities we serve.
Moving to the Charleston area can be exciting, but it's helpful to understand the region beyond the homes you're considering. Charleston is a coastal market with a variety of communities, housing types, and price points, so researching the area before your move can help you make a more informed decision.
Before relocating, consider:
- Different communities: Charleston, Mount Pleasant, Summerville, Goose Creek, North Charleston, West Ashley, Johns Island, James Island, and other surrounding communities each offer different housing options, locations, and lifestyles.
- Commute and transportation: Traffic patterns and commute times can vary significantly depending on where you live and where you work.
- Housing costs: Home prices, property taxes, insurance, HOA fees, and other housing expenses can vary throughout the region.
- Homeowners insurance and flood considerations: Charleston's coastal location makes it important to understand insurance requirements, flood zones, elevation, drainage, and other property-specific considerations before purchasing.
- Weather: The Lowcountry experiences hot, humid summers and can be affected by tropical storms and hurricanes, so it's worth understanding how coastal weather may affect your property and insurance needs.
- Property taxes: South Carolina property tax rules can vary depending on how a property is used and other circumstances. A qualified tax professional or the appropriate county office can provide guidance specific to your situation.
- Lifestyle and amenities: Consider proximity to beaches, parks, restaurants, shopping, healthcare, cultural attractions, and other places you expect to visit regularly.
- Future development: When choosing a home, it can be helpful to research planned development and infrastructure projects that could affect the surrounding area.
One of the best ways to get familiar with Charleston is to explore different communities before deciding where to buy. Our Charleston area community guides can help you learn more about individual communities, including local attractions, housing information, and what makes each area unique.
If you're planning a move to Charleston, connect with a Century 21 Properties Plus agent. We can help you learn more about the area and identify communities that may fit your goals and budget.
The Charleston region includes a wide variety of communities, from historic neighborhoods and coastal communities to growing suburban areas farther inland. The right community for you will depend on your budget, preferred lifestyle, commute, and the type of home you're looking for.
Some of the communities you may want to explore include:
- Charleston
- Mount Pleasant
- Summerville
- Goose Creek
- North Charleston
- West Ashley
- Johns Island
- James Island
- Daniel Island
- Hanahan
- Moncks Corner
- Folly Beach
- Isle of Palms
- Sullivan's Island
- Edisto Island
- Walterboro
- Ridgeville
- St. George
- Hollywood
- Ravenel
Each community has its own housing market, location, amenities, and characteristics. Rather than choosing an area based solely on a list of "best" communities, consider which location fits your individual needs, budget, commute, and preferences.
Our Charleston area community guides can help you explore individual communities and learn more about local housing, attractions, history, and other information.
If you're relocating to the Charleston area and aren't sure where to begin, connect with a Century 21 Properties Plus agent. We can help you compare communities and explore homes throughout the area.
You can purchase a home in the Charleston area even if you currently live in another state. Many buyers relocate to the Lowcountry for work, lifestyle changes, retirement, investment, or other reasons, and much of the home buying process can be managed remotely.
Working with a local real estate agent is especially helpful when you can't regularly visit the area. Your agent can help you:
- Learn about different Charleston-area communities and identify areas that fit your budget, preferences, and commute.
- Search for properties remotely and arrange in-person or virtual showings.
- Provide local market information and help you understand how properties compare.
- Attend showings on your behalf when appropriate and provide additional information about properties.
- Coordinate inspections and other appointments with the professionals involved in your purchase.
- Communicate with your lender, closing attorney, and other parties throughout the transaction.
- Help you understand important deadlines and next steps while you're out of state.
- Prepare for closing and your move so you know what to expect as the transaction progresses.
Technology also makes it easier to participate from a distance. Depending on the circumstances, you may be able to review documents electronically, attend virtual appointments, tour properties by video, and complete portions of the transaction remotely.
Your lender and closing attorney can explain which documents and closing steps can be completed remotely and whether you will need to be physically present for any portion of the transaction.
If you're considering purchasing a home in Charleston before you move, connect with a Century 21 Properties Plus agent. We can help you explore the area and make your long-distance home search easier to manage.
Yes. Century 21 Properties Plus can help make the process of relocating to the Charleston area easier to navigate, whether you're moving from another state, another part of South Carolina, or a different community within the Lowcountry.
Our agents can help you:
- Learn about Charleston-area communities and compare locations based on your budget, commute, housing preferences, and lifestyle.
- Find homes that fit your needs and arrange in-person or virtual showings.
- Understand the local market and how homes, neighborhoods, and pricing can vary throughout the region.
- Navigate the buying or selling process from your initial search through closing.
- Coordinate with local professionals, including lenders, inspectors, closing attorneys, insurance professionals, and other service providers.
- Provide local resources that may help you prepare for your move.
- Help coordinate your transaction from a distance if you aren't able to be in Charleston throughout the process.
If you're selling a home in another area before moving to Charleston, your Century 21 Properties Plus agent can also work with you to help coordinate the timing of your purchase and move. If you need an agent in another market, we may also be able to help connect you with a real estate professional in that area through the broader CENTURY 21 network.
Because every relocation is different, we'll take the time to understand your timeline, goals, and housing needs before helping you determine the best way to move forward.
If you're planning a move to the Charleston area, connect with a Century 21 Properties Plus agent to start planning your relocation.
The cost of living in Charleston can vary depending on where you live, the type of home you choose, your lifestyle, and your individual expenses. Housing is often one of the largest factors to consider, but it's important to look at the bigger picture when planning a move.
Some expenses to consider when relocating to the Charleston area include:
- Housing: Home prices and rental costs vary considerably between communities, property types, and neighborhoods.
- Property taxes: South Carolina property taxes can vary based on factors such as the property and how it is used. Your county's tax office can provide information specific to a property.
- Homeowners insurance: Insurance costs can vary based on the property's location, age, construction, coverage, and other factors. Coastal properties may also require additional considerations related to wind, flood, or other risks.
- Utilities: Electricity, water, sewer, internet, and other utilities are ongoing expenses to include in your budget.
- Transportation: Your commute, vehicle expenses, parking, and other transportation costs can vary depending on where you live and work.
- HOA or community fees: Some neighborhoods, condominiums, and planned communities have association fees.
- Maintenance: Homeowners should budget for routine maintenance as well as unexpected repairs.
- Everyday expenses: Groceries, dining, entertainment, healthcare, and other personal expenses will also contribute to your overall cost of living.
The cost of living can also differ significantly between Charleston-area communities. A home in downtown Charleston, for example, may have very different housing costs and ongoing expenses than a property farther inland.
When you're relocating, it's helpful to create a budget based on your specific circumstances rather than relying on a single citywide cost-of-living number.
A Century 21 Properties Plus agent can help you understand how housing costs vary throughout the Charleston area and connect you with local resources for questions outside of real estate.
If you're considering a move to Charleston, connect with a Century 21 Properties Plus agent to discuss your housing budget and explore communities that may fit your goals.
The Charleston housing market can vary considerably by community, property type, price range, and current market conditions. Some homes may receive significant buyer interest, while others may take longer to sell. Market conditions can also change over time as inventory, interest rates, pricing, and buyer demand shift.
If you're moving to Charleston and planning to purchase a home, it's helpful to:
- Get pre-approved early if you're financing your purchase so you understand your potential price range.
- Monitor available inventory in the communities and price ranges you're considering.
- Be prepared to act when the right property becomes available, particularly when a home is attracting significant interest.
- Understand current pricing by looking at comparable properties and recent sales.
- Consider the entire offer, rather than focusing only on the purchase price. Financing, contingencies, closing date, and other terms can all affect an offer.
- Work with a local agent who understands the communities you're considering and can help you evaluate properties and market conditions.
If you're selling a home, competitiveness can look different. Pricing, presentation, condition, marketing, and the amount of competing inventory can all influence how buyers respond to your property.
There isn't one answer that describes the entire Charleston market. The conditions in one community or price range may be very different from another, which is why current, property-specific information is important.
A Century 21 Properties Plus agent can help you understand current market conditions and how they may affect your particular home search or sale.
If you're relocating to Charleston, connect with a Century 21 Properties Plus agent to discuss the current market and your home buying goals.
Choosing a neighborhood is just as important as choosing the right home. When relocating to the Charleston area, it's helpful to consider how a community fits your daily routine, budget, preferences, and long-term plans.
Some factors to consider include:
- Location and commute: Consider how long it will take to get to work, school, the airport, beaches, shopping, and other places you visit regularly.
- Housing options: Look at the types of homes available, including single-family homes, townhomes, condominiums, historic properties, and new construction.
- Budget: Home prices, property taxes, insurance, HOA fees, and maintenance costs can vary significantly between communities.
- Amenities and activities: Consider access to restaurants, shopping, parks, beaches, recreational opportunities, and cultural attractions.
- Neighborhood characteristics: Explore the area's architecture, development patterns, traffic, noise, and overall feel.
- Future development: Research planned construction, road improvements, and other projects that could affect the area.
- Property-specific considerations: In the Charleston region, factors such as flood zones, drainage, elevation, insurance requirements, and proximity to waterways can be particularly important to investigate.
- Your long-term plans: Think about how well the location will work for you over the amount of time you expect to own the property.
It can be helpful to explore several communities before deciding where to focus your home search. Our Charleston area community guides provide information about individual areas, including local attractions, history, housing, and other things to consider.
Your real estate agent can also help you compare communities and identify properties that fit your criteria, but no agent can determine which neighborhood is "right" for you. The best choice depends on your individual priorities and circumstances.
If you're not sure where to begin your Charleston home search, connect with a Century 21 Properties Plus agent and we can help you explore your options.
Yes. If you're relocating to the Charleston area from another state or region, your Century 21 Properties Plus agent can help you navigate the real estate side of your move and connect you with local resources.
Depending on your needs, your agent can help with:
- Finding a home remotely: Your agent can arrange virtual tours, provide property information, and help you evaluate homes when you can't be there in person.
- Coordinating your real estate transaction: Your agent can help communicate with your lender, closing attorney, inspectors, and other professionals involved in your purchase.
- Connecting you with local resources: Your agent may be able to provide names of moving companies, insurance professionals, contractors, inspectors, and other service providers.
- Coordinating timing: If you're selling a home in another location, your agent can work with you to help coordinate the timing of your sale, purchase, and move.
- Preparing for closing: Your closing attorney can explain which documents and closing steps can be completed remotely and whether you need to be present for any portion of the closing.
- Learning the area: Our Charleston area community guides can help you become familiar with different communities before you arrive.
While your real estate agent can help coordinate the real estate and local-resource side of your relocation, moving companies and other specialized professionals will handle the actual moving services.
If you're planning a long-distance move to Charleston, connect with a Century 21 Properties Plus agent. We can help you plan the real estate portion of your relocation and connect you with resources that may make the transition easier.
Community & Local Area Questions
The Charleston area includes a wide variety of communities, each with its own location, housing options, amenities, and character. Some of the areas that buyers frequently explore include:
- Charleston
- Mount Pleasant
- Summerville
- Goose Creek
- North Charleston
- West Ashley
- Johns Island
- James Island
- Daniel Island
- Hanahan
- Moncks Corner
- Folly Beach
- Isle of Palms
- Sullivan's Island
The right community depends on what you're looking for, including your budget, commute, preferred type of home, and proximity to the places you visit most often.
Our Charleston area community guides provide more information about individual communities, including local history, housing, attractions, and other things to consider when exploring an area.
If you're not sure which Charleston-area communities to explore, connect with a Century 21 Properties Plus agent. We can help you compare different areas and find homes that fit your goals.
Summerville is one of the larger and more established communities in the Charleston area, offering a mix of established neighborhoods, newer residential developments, shopping, dining, parks, and community events. The area is known for its historic downtown, tree-lined streets, and convenient access to major roads connecting Summerville with Charleston and surrounding communities.
Housing in Summerville includes a variety of options, from older homes and established neighborhoods to newer construction. Home prices, lot sizes, amenities, and commute times can vary considerably depending on the specific part of Summerville.
Summerville can be a good option for buyers who want access to the greater Charleston area while living farther inland from the coast. When considering the area, it's helpful to look at commute times, property taxes, insurance costs, schools, nearby amenities, and the type of housing available in the neighborhoods you're considering.
For more information, explore our Summerville community guide or connect with a Century 21 Properties Plus agent to learn more about homes and neighborhoods in the area.
Mount Pleasant is one of the most well-known communities in the Charleston area and offers a mix of established neighborhoods, newer developments, shopping, dining, parks, and access to outdoor recreation. Its location provides convenient access to downtown Charleston, the beaches, and other parts of the Lowcountry, although commute times can vary depending on where you live and where you travel.
Housing in Mount Pleasant includes a range of options, from established neighborhoods and townhomes to newer construction and higher-end properties. Home prices, lot sizes, amenities, and property characteristics vary throughout the community.
When considering Mount Pleasant, buyers may want to look at factors such as housing costs, commute times, property taxes and insurance, nearby amenities, neighborhood characteristics, and access to the areas they visit most often.
Our Mount Pleasant community guide provides more information about the area, including its history, housing, attractions, and local amenities. You can also connect with a Century 21 Properties Plus agent for help exploring homes and neighborhoods in Mount Pleasant.
Goose Creek has become a popular community to explore within the Charleston area, offering a mix of established neighborhoods, newer residential developments, shopping, dining, parks, and other everyday amenities. Its location also provides access to Charleston, North Charleston, Summerville, and other parts of the Lowcountry.
Housing options in Goose Creek include single-family homes, townhomes, and newer construction, with properties varying in size, price, age, and neighborhood amenities. The community also offers a mix of established areas and newer developments, giving buyers different options to consider.
For buyers exploring Goose Creek, factors such as housing costs, commute times, property taxes and insurance, nearby amenities, and the characteristics of individual neighborhoods can all play a role in deciding whether the area is a good fit.
Our Goose Creek community guide provides more information about the area, including its history, housing, attractions, and local amenities. You can also connect with a Century 21 Properties Plus agent to explore homes and neighborhoods in Goose Creek.
North Charleston offers a variety of housing options and is conveniently located between downtown Charleston and communities farther north, including Goose Creek and Summerville. The area includes established neighborhoods, newer developments, townhomes, and single-family homes, with housing options and prices varying by location.
One of the advantages of considering North Charleston is its access to major roads, employment centers, shopping, dining, the airport, and other parts of the Charleston area. Buyers may also find a range of home styles and price points throughout the community.
When evaluating a home in North Charleston, it's important to consider the specific neighborhood, commute, property condition, insurance costs, taxes, nearby amenities, and future development in the area. Like any community, individual properties can vary significantly.
Our North Charleston community guide provides more information about the area's history, housing, attractions, and local amenities. You can also connect with a Century 21 Properties Plus agent to explore available homes and learn more about different parts of North Charleston.
New construction homes can be found throughout the Charleston area, including communities in Summerville, Mount Pleasant, Goose Creek, North Charleston, Johns Island, West Ashley, and surrounding areas. The availability of new construction can change as builders complete existing neighborhoods and begin new developments.
New construction options can range from townhomes and smaller homes to larger single-family properties, with prices, lot sizes, amenities, and included features varying by community and builder.
When considering a new construction home, buyers should look beyond the base price and ask about available upgrades, builder incentives, HOA fees, estimated completion dates, warranties, included features, and any additional costs. It is also important to understand the builder's contract and the inspection process.
A Century 21 Properties Plus agent can help you compare new construction options, communicate with builders, and understand how a new construction purchase fits into your overall home-buying plans. Connect with an agent to get started.
Several communities provide convenient access to downtown Charleston, but the best option depends on your starting point, destination, and typical commute. Communities and areas commonly considered for proximity to downtown include West Ashley, James Island, Mount Pleasant, North Charleston, and Johns Island, along with neighborhoods within the City of Charleston itself.
Commute times can vary significantly based on the specific neighborhood, time of day, traffic, and route. Buyers should also consider housing costs, property taxes and insurance, home styles, amenities, and access to the places they visit regularly.
If being close to downtown is important to you, a Century 21 Properties Plus agent can help you compare communities and explore available homes based on your priorities. Connect with an agent to get started.
Waterfront homes can be found throughout the Charleston area, including communities along the Atlantic Ocean, rivers, creeks, marshes, and waterways. Areas where buyers may find waterfront or water-access properties include Mount Pleasant, James Island, Johns Island, West Ashley, Daniel Island, Folly Beach, Isle of Palms, Sullivan's Island, and parts of Charleston and surrounding communities.
Waterfront properties can vary considerably. Some may have direct access to the water, private docks, marsh views, or tidal creek frontage, while others may simply offer water views. These differences can affect the property's value, insurance requirements, maintenance, flood considerations, and permitted uses.
When considering a waterfront property, buyers should pay particular attention to flood zones, elevation, flood and homeowners insurance, drainage, erosion, dock or boat access, and any applicable restrictions or permits.
A Century 21 Properties Plus agent can help you identify waterfront properties that match your preferences and connect you with local professionals for questions about insurance, inspections, docks, and other property-specific considerations. Connect with an agent to get started.
Golf course communities can be found throughout the Charleston area, offering homes located on or near courses with a variety of housing styles and price points. Communities with golf course properties include areas such as Mount Pleasant, Daniel Island, Kiawah Island, Seabrook Island, Johns Island, Summerville, and other surrounding communities.
Golf course properties can range from homes directly on the course to homes within a larger community that includes a golf club. Amenities, membership requirements, HOA fees, and access to the course vary by community, so buyers should review the details of each property and neighborhood carefully.
When considering a golf course home, it is also helpful to look at the home's location relative to the course, potential views, HOA or club fees, property maintenance, and any community restrictions that may apply.
A Century 21 Properties Plus agent can help you explore golf course properties and compare communities throughout the Charleston area. Connect with an agent to get started.
The Charleston area has several communities with downtown districts or village-style areas where residents can walk to restaurants, shops, local businesses, parks, and community events. Downtown Charleston is the most well-known example, while Summerville, Mount Pleasant, and some other surrounding communities also have areas with concentrated shopping, dining, and local amenities.
The meaning of “walkable” can vary from one person to another, so it is helpful to consider what you want to be able to reach on foot. Some areas may offer a walkable main street or downtown district without every part of the surrounding community being pedestrian-oriented.
When searching for a home, consider the property's distance from the specific shops, restaurants, parks, or other destinations that are important to you, along with sidewalks, pedestrian access, parking, and typical traffic patterns.
A Century 21 Properties Plus agent can help you explore homes near the areas and amenities that matter most to you. Connect with an agent to get started.
The Charleston area offers a wide range of housing types, including single-family homes, townhomes, condominiums, apartments, new construction, and established homes. Communities such as Charleston, Summerville, Mount Pleasant, Goose Creek, North Charleston, West Ashley, Johns Island, and James Island all offer different housing options, although the selection can vary within each community.
Buyers may also find differences in lot sizes, home styles, community amenities, age of homes, and price ranges depending on the area and neighborhood.
When comparing communities, consider not only the type of home you want but also factors such as location, commute, property taxes and insurance, HOA fees, maintenance requirements, and nearby amenities.
A Century 21 Properties Plus agent can help you compare available homes and communities based on your specific needs and priorities. Connect with an agent to get started.
The Charleston area includes a variety of communities with housing, amenities, and activities that may appeal to people looking for a different pace of living or planning a move later in life. Communities throughout the Lowcountry offer options ranging from established neighborhoods and condominiums to planned communities and coastal properties.
Rather than choosing a community based on a general label, it can be helpful to consider factors such as proximity to healthcare and everyday services, housing style and maintenance needs, access to shopping and dining, recreation, transportation, and proximity to friends or other important destinations.
Communities such as Mount Pleasant, Summerville, Daniel Island, Johns Island, James Island, and coastal areas including Kiawah Island and Seabrook Island offer different combinations of housing and amenities worth exploring.
A Century 21 Properties Plus agent can help you compare communities and available homes based on the features and location that are important to you. Connect with an agent to get started.
School options and attendance boundaries can vary throughout the Charleston area, and they can change over time. If schools are an important consideration when choosing a home, it is important to research the current information for the specific property you are considering.
School district websites are a good source for information about attendance boundaries, enrollment requirements, calendars, programs, and other school-related details. Buyers can also review publicly available information from state and local education resources.
A Century 21 Properties Plus agent can help you identify the school district associated with a property and point you toward resources for additional information. Because school assignments and policies can change, buyers should verify current information directly with the appropriate school district before making a decision.
Growth and development continue throughout the greater Charleston area, with communities such as Summerville, Goose Creek, North Charleston, Mount Pleasant, Johns Island, and Moncks Corner experiencing ongoing residential and commercial development. The pace and type of growth can vary significantly from one community to another.
Growth can bring new housing, businesses, restaurants, schools, roads, and other amenities, while also affecting traffic, infrastructure, property values, and available services. When considering a community that is experiencing significant development, it is helpful to look beyond current conditions and research planned projects and future development.
A Century 21 Properties Plus agent can help you learn more about homes and neighborhoods in growing areas of the Charleston region and connect you with local resources for additional information about development and infrastructure.
Mortgage & Financing
How much home you can afford depends on several factors, including your income, existing debts, credit history, available savings, down payment, interest rate, loan type, and other financial considerations. Lenders use your financial information to evaluate what loan amount and monthly payment may be appropriate based on their lending guidelines.
It's also important to consider expenses beyond the mortgage payment, such as property taxes, homeowners insurance, HOA fees, utilities, maintenance, and other costs associated with owning a home.
A Century 21 Properties Plus agent can help you understand the home-buying process and provide names of lenders as a resource if you need one. However, you are free to choose any lender, and you are not required to use a lender recommended by your agent or Century 21 Properties Plus.
For personalized information about how much you may be able to borrow or what payment may fit your financial situation, speak directly with a qualified mortgage lender.
There are several types of mortgage loans available to home buyers, and the options that may be available to you depend on factors such as your financial situation, the property, lender requirements, and current loan programs.
Common mortgage types include conventional loans, FHA loans, VA loans, and USDA loans, along with other loan products and programs that may be available through individual lenders.
Each loan type can have different requirements, down payment options, interest rates, fees, mortgage insurance considerations, and eligibility guidelines. Loan programs and requirements can also change over time.
A Century 21 Properties Plus agent can provide general information about the home-buying process and, if helpful, provide names of lenders as a resource. You are free to choose any lender and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
For information about which mortgage options may be available to you and the specific terms of a loan, speak directly with a qualified mortgage lender.
FHA, VA, USDA, and conventional loans are different types of mortgage financing, each with its own requirements and guidelines. Which options may be available to a buyer can depend on factors such as credit history, income, debt, down payment, property location and type, military service, and other eligibility requirements.
- Conventional loans are mortgage loans that are not insured or guaranteed by the federal government. They are offered by private lenders and can have different down payment, credit, and mortgage insurance requirements depending on the specific loan.
- FHA loans are insured by the Federal Housing Administration and are offered through approved lenders. They may have different qualification and down payment requirements than some conventional loans.
- VA loans are available through participating lenders to eligible veterans, active-duty service members, and certain surviving spouses, subject to program requirements. They can have different requirements and benefits than other types of financing.
- USDA loans are offered through approved lenders for eligible borrowers and qualifying properties in eligible areas, subject to USDA program requirements.
These programs can have different rules regarding down payments, mortgage insurance or fees, interest rates, property requirements, and eligibility. Requirements can also change, so buyers should confirm current details with a qualified lender.
A Century 21 Properties Plus agent can provide general information about the home-buying process and provide names of lenders as a resource if requested. You are free to choose any lender and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
For specific information about which loan programs you may qualify for and the terms available to you, speak directly with a qualified mortgage lender.
There is not one down payment amount that applies to every home buyer. The amount you may need can depend on the type of mortgage, lender requirements, purchase price, your financial circumstances, and whether you qualify for a particular loan program or assistance program.
Some mortgage programs may allow for a lower down payment, while other buyers may choose to put more money down. A larger down payment can affect the amount you borrow and your monthly payment, but buyers should also consider closing costs, prepaid expenses, moving costs, and maintaining savings for unexpected expenses.
Your lender can explain the down payment requirements for the loan options available to you and help you understand how different down payment amounts could affect your financing.
A Century 21 Properties Plus agent can provide general information about the home-buying process and provide names of lenders as a resource if requested. You are free to choose any lender and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
Mortgage interest rates can vary based on a number of factors, including the type of loan, current market conditions, loan term, credit history, down payment, loan amount, and other financial and lending considerations. Rates and lending guidelines can also change over time.
Because every borrower's situation is different, there is no single interest rate that applies to every buyer. A lender can review your financial information and explain the rate options and loan terms that may be available to you.
A Century 21 Properties Plus agent can help you understand the home-buying process and provide names of lenders as a resource if requested. You are free to choose any lender and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
For current interest rates and information about how your circumstances may affect your financing, speak directly with a qualified mortgage lender.
A mortgage rate lock is an agreement between a borrower and lender to hold a specific interest rate for a set period of time, subject to the terms of the lender's program. Whether and when to lock a rate depends on factors such as the loan, expected closing timeline, current market conditions, and the lender's policies.
Rate locks can have different terms, expiration dates, and conditions. In some situations, a lock may be extended or may have other requirements or costs if the loan does not close within the agreed-upon timeframe.
Because interest rates and individual loan circumstances can change, your lender is the best source of information about whether locking your rate makes sense for your situation and what terms would apply.
A Century 21 Properties Plus agent can help you understand the overall home-buying timeline and provide names of lenders as a resource if requested. You are free to choose any lender and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
The documents a lender requests can vary depending on your financial situation, employment, loan type, and the lender's requirements. Buyers may be asked to provide information such as proof of income, employment information, bank or asset statements, tax documents, identification, and information about existing debts or financial obligations.
Your lender may request additional documentation throughout the mortgage process as they review and verify your financial information. Providing requested documents promptly can help keep the loan process moving, but the specific requirements come from your lender.
A Century 21 Properties Plus agent can help you understand where the mortgage process fits into the overall home purchase, but your lender is the appropriate source for questions about required documentation or your loan application.
You are free to choose any lender and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
The time it takes to receive mortgage approval can vary depending on the lender, loan type, buyer's financial situation, documentation, property, and other factors involved in the loan process. There is no single timeline that applies to every buyer.
The process may involve reviewing income and assets, verifying employment and financial information, evaluating the property, completing an appraisal when required, and satisfying any additional lender requirements. Your lender can provide a more specific estimate based on your circumstances and the type of loan you are pursuing.
Because the mortgage process can affect the timing of a home purchase, it is important to stay in communication with your lender and respond to requests for information or documentation as promptly as possible.
A Century 21 Properties Plus agent can help you understand how the mortgage process fits into the overall purchase timeline and coordinate with your lender as needed, but your lender is the appropriate source for questions about your loan approval and estimated closing timeline.
Having student loans does not automatically determine whether someone can purchase a home. Mortgage lenders generally consider a borrower's overall financial picture, which may include income, credit history, existing debts, student loan payments, assets, and other factors when evaluating a mortgage application.
The way student loan debt is considered can vary depending on the lender and type of mortgage. Buyers may also need to provide documentation related to their student loans as part of the application process.
If you have student loans and are considering buying a home, a qualified mortgage lender can review your individual circumstances and explain how your student loan obligations may be considered when evaluating your financing options.
A Century 21 Properties Plus agent can help you understand the home-buying process and provide names of lenders as a resource if requested. You are free to choose any lender and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
Being self-employed does not automatically prevent someone from applying for a mortgage. However, lenders may review self-employment income differently from traditional employment income and may request additional documentation to verify income and financial stability.
Depending on the lender and loan program, you may be asked to provide items such as tax returns, business financial records, bank statements, profit and loss statements, or other documentation. The specific requirements can vary based on your individual circumstances and the lender's guidelines.
If you are self-employed and considering buying a home, speaking with a qualified mortgage lender early in the process can help you understand what documentation may be needed and what financing options may be available to you.
A Century 21 Properties Plus agent can help you understand the overall home-buying process and provide names of lenders as a resource if requested. You are free to choose any lender and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
Preparing Your Home for Sale
Preparing your home for sale does not necessarily mean making major renovations. In many cases, focusing on cleanliness, maintenance, presentation, and small improvements can help your home make a strong first impression.
Before listing, consider:
- Decluttering: Remove excess furniture and personal belongings to make rooms feel more open and allow buyers to focus on the space.
- Deep cleaning: Pay attention to kitchens, bathrooms, floors, windows, appliances, and other areas buyers are likely to notice.
- Completing basic repairs: Address noticeable maintenance issues such as leaky faucets, damaged fixtures, loose hardware, or worn areas.
- Improving curb appeal: Keep landscaping maintained, clean the entryway, and make sure the front of the home is inviting.
- Freshening up the interior: Touch up paint, replace worn light bulbs, and consider simple updates where they make sense.
- Organizing closets and storage areas: Buyers may look inside closets, cabinets, and other storage spaces, so keeping them organized can help show how the space can be used.
- Removing highly personal items: Consider storing excess personal photographs, collections, or valuables so buyers can more easily picture themselves in the home.
The right preparation will depend on your home's condition, your budget, the local market, and how quickly you plan to list. A Century 21 Properties Plus agent can walk through your home with you and help identify areas that may be worth addressing before it goes on the market.
Staging can be a useful way to present a home for sale, but it is not the right choice for every property or every seller. Staging may involve bringing in furniture and décor, rearranging existing furnishings, or simply making the home feel clean, organized, and inviting.
The goal is generally to help buyers understand the size and function of each space and make it easier for them to picture how they might use the home. Even without professional staging, simple steps such as decluttering, removing excess furniture, organizing rooms, and using neutral décor can improve the overall presentation.
Whether professional staging makes sense can depend on the home's condition, price range, target market, existing furnishings, and marketing plan. Your Century 21 Properties Plus agent can help you determine whether staging may be worthwhile and discuss options for preparing your particular home before it is listed.
Buyers may pay particular attention to the kitchen, primary bedroom, bathrooms, living areas, and outdoor spaces, but what matters most can vary from one buyer and property to another.
The kitchen and bathrooms often receive close attention because buyers may be thinking about functionality, condition, storage, finishes, and potential future updates. Living areas and bedrooms can also make a strong impression based on their size, layout, natural light, and how easily buyers can envision using the space.
Outdoor areas can also be important, particularly when they provide usable space such as a patio, deck, screened porch, yard, or entertaining area.
Rather than focusing on completely remodeling one particular room, sellers may benefit from making sure the entire home is clean, well-maintained, decluttered, and presented in a way that highlights its existing features. A Century 21 Properties Plus agent can help you prioritize updates and preparation based on your home's condition and the current market.
Repainting before selling can be worthwhile in some homes, but it is not always necessary. The decision depends on the condition of the existing paint, the colors throughout the home, the overall presentation, and your budget.
Fresh paint can help address scuffs, marks, and worn areas and can give rooms a cleaner, more updated appearance. If the home has very bold or highly personalized colors, a more neutral color palette may also make it easier for buyers to picture how they would use the space.
However, repainting an entire home may not be necessary if the existing paint is in good condition. In some cases, touching up specific areas or repainting a few high-visibility rooms may be enough.
Before investing in painting, talk with your Century 21 Properties Plus agent about the condition of your home and how it compares with other homes currently on the market. Your agent can help you prioritize improvements that may make the most sense before listing.
Professional photography can be an important part of marketing a home because many buyers begin their search online. High-quality images can help showcase a home's layout, features, natural light, outdoor spaces, and overall condition while creating a strong first impression.
Professional real estate photographers also understand how to photograph rooms, angles, and features in ways that accurately represent the property. Good photography can help a listing stand out among the many homes buyers may be viewing online.
Photos should accurately represent the home rather than making rooms or features appear significantly different from reality. Your Century 21 Properties Plus agent can help determine what photography is appropriate for your property and coordinate professional photography as part of the listing and marketing process.
Replacing flooring before selling is not always necessary. Whether it makes sense depends on the condition of the existing floors, the type of flooring, the overall condition of the home, and how the property compares with other homes on the market.
If flooring is significantly damaged, heavily worn, stained, or outdated, replacing or repairing it may improve the home's overall presentation. In other cases, a thorough professional cleaning or refinishing may be enough to freshen up the space without the expense of a full replacement.
Sellers should also consider whether the cost of new flooring makes sense given the home's condition, price range, and expected marketing timeline. There is no guarantee that a particular flooring upgrade will be recovered through the sale price.
A Century 21 Properties Plus agent can walk through your home with you and help identify improvements that may be worth considering before listing. Your agent can also help you weigh the potential benefits of an update against the cost and time involved.
Your home does not need to look like a model home, but it should be as clean, tidy, and well-maintained as reasonably possible when it goes on the market. Buyers are likely to notice the overall condition of the home as well as areas such as kitchens, bathrooms, floors, windows, and storage spaces.
Before listing and throughout the showing period, consider:
- Deep cleaning: Clean floors, windows, appliances, bathrooms, countertops, and other noticeable surfaces.
- Decluttering: Remove excess items from countertops, furniture, closets, and other storage areas.
- Addressing odors: Identify and address noticeable odors from cooking, pets, smoke, moisture, or other sources.
- Keeping up with routine cleaning: Dust, vacuum, mop, and clean bathrooms regularly while the home is being shown.
- Maintaining the exterior: Keep lawns, landscaping, porches, patios, and entry areas neat and presentable.
If keeping your home show-ready is difficult during the listing period, a professional cleaning service may be worth considering.
Your Century 21 Properties Plus agent can also provide suggestions for preparing your particular home for showings and help you prioritize the areas that may deserve the most attention.
An open house is an opportunity for buyers to see your home in person, so preparing the property beforehand can help create a clean, comfortable, and welcoming presentation.
Before an open house, consider:
- Decluttering: Clear countertops, tables, closets, and other areas where excess belongings may distract from the space.
- Cleaning: Make sure the kitchen, bathrooms, floors, windows, and other high-traffic areas are clean.
- Making beds and organizing rooms: Keep bedrooms and living spaces neat and appropriately furnished.
- Improving curb appeal: Mow the lawn, tidy landscaping, sweep walkways, and make the entryway inviting.
- Maximizing natural light: Open curtains and blinds and turn on lights in darker areas.
- Managing odors: Address noticeable odors and avoid strong fragrances that could be distracting.
- Securing valuables and personal information: Store jewelry, medications, important documents, spare keys, and other personal items in a secure location.
- Making the home comfortable: Adjust the temperature and address anything that could make the home uncomfortable for visitors.
- Making plans for pets: If possible, arrange for pets to be safely out of the home during the open house.
Your Century 21 Properties Plus agent can let you know what to expect and may provide additional recommendations based on your home and the planned marketing strategy.
Because many buyers begin their home search online, the way a property is presented digitally can make an important first impression. Good marketing should highlight the home's features accurately while giving buyers a clear sense of what the property has to offer.
Ways to strengthen your home's online presentation can include:
- Professional photography: High-quality photos can showcase the home's rooms, layout, features, and outdoor spaces.
- A strong listing description: Clear, accurate descriptions can draw attention to notable features without overstating what the property offers.
- Decluttering and preparation: A clean, organized home generally photographs better and allows its features to be easier to see.
- Video or virtual tours: When appropriate, these can give buyers another way to experience the property before scheduling an in-person showing.
- Highlighting unique features: Features such as updated spaces, outdoor areas, views, architectural details, or recent improvements can be incorporated into the marketing.
- Strong digital exposure: Your listing can be distributed across real estate websites and other online platforms as part of your overall marketing strategy.
Your Century 21 Properties Plus agent can help determine which features of your home should be emphasized and develop a marketing plan that presents the property accurately across digital and traditional channels.
Military & Veteran Real Estate
Yes. Century 21 Properties Plus works with military buyers, active-duty service members, veterans, and others who are relocating to or from the Charleston area.
Our agents understand that a military relocation can involve unique timing and logistical considerations. Depending on your circumstances, an agent can help you explore communities, search for homes, coordinate showings, communicate with other professionals involved in the transaction, and navigate the real estate side of a move.
If you are relocating because of military orders, your timeline and housing needs may be different from those of other buyers. An agent can help you understand the local real estate process and work within the timeline you have available.
For questions about VA loan eligibility, benefits, or other military-specific financing, we recommend speaking directly with a qualified VA-approved lender or other appropriate professional.
Yes. Century 21 Properties Plus agents can help with the real estate side of a Permanent Change of Station (PCS) move to or from the Charleston area.
Depending on your situation, an agent can help you:
- Explore Charleston-area communities and housing options
- Search for homes that fit your needs and timeline
- Coordinate in-person or virtual showings
- Communicate with sellers, listing agents, lenders, inspectors, and other professionals
- Navigate the local home-buying or selling process
- Coordinate important transaction deadlines
- Complete parts of the process remotely when appropriate
PCS timelines can vary, and the right approach depends on your orders, housing needs, financing, and personal circumstances. Your agent can help coordinate the real estate process while you focus on your relocation.
For questions about military orders, PCS benefits, allowances, or other military-specific programs, consult the appropriate military resource or installation representative.
If you are planning a PCS move, connect with a Century 21 Properties Plus agent to discuss your timeline and housing needs.
A VA loan is a type of mortgage available through participating lenders for eligible veterans, active-duty service members, certain surviving spouses, and other borrowers who meet the program's requirements. The U.S. Department of Veterans Affairs (VA) guarantees a portion of eligible VA-backed loans, which can provide certain benefits compared with some other types of mortgage financing.
VA loans can have specific requirements related to eligibility, the borrower, the property, and the loan itself. Details such as down payment requirements, funding fees, closing costs, interest rates, and other terms can vary based on the borrower's circumstances and the lender.
A Century 21 Properties Plus agent can help you understand the real estate side of buying a home with VA financing and provide names of lenders as a resource if requested. You are free to choose any lender and are not required to use a lender recommended by your agent or Century 21 Properties Plus.
For specific questions about VA eligibility, benefits, loan requirements, or available terms, speak directly with a qualified VA-approved lender.
Connect with a Century 21 Properties Plus agent to get started with your home search.
VA loans are offered through participating lenders and are backed in part by the U.S. Department of Veterans Affairs for eligible borrowers. The process is similar to other types of home financing in that the buyer typically works with a lender to determine available financing, searches for a home, makes an offer, completes the required steps during the transaction, and closes on the purchase if the loan and transaction requirements are satisfied.
Depending on the buyer's circumstances and the specific loan, the process may involve:
- Confirming VA eligibility: The lender can help determine whether you meet the applicable VA loan requirements.
- Getting pre-approved: A lender can review your financial information and explain the financing options that may be available.
- Finding a home: Your real estate agent can help you search for properties that meet your needs and preferences.
- Making an offer: Your agent can help you understand the real estate contract and offer process.
- Completing lender and property requirements: The lender will explain any required documentation, appraisal, inspections, and other steps.
- Closing: Once the loan and transaction requirements have been satisfied, the purchase can proceed to closing.
VA loan requirements, fees, timelines, and other terms can vary based on the borrower, lender, loan, and property. A Century 21 Properties Plus agent can help with the real estate side of the process but does not determine VA eligibility or loan terms.
For specific questions about VA financing, speak directly with a qualified VA-approved lender.
Connect with a Century 21 Properties Plus agent to begin exploring homes in the Charleston area.
Yes, it may be possible to purchase a home before you arrive in Charleston, and this can be especially helpful when a relocation timeline does not allow for an extended home search after arrival. The process can often be coordinated with the help of your real estate agent, lender, and other professionals involved in the transaction.
Depending on your circumstances, your agent may be able to:
- Schedule and conduct virtual home tours
- Provide information about different Charleston-area communities
- Attend showings on your behalf when appropriate
- Communicate with listing agents and other professionals
- Help coordinate inspections and other transaction steps
- Keep you updated throughout the process
- Help coordinate a remote or limited-attendance closing when available
Your lender will determine the requirements and timeline for your mortgage, while your closing attorney or other appropriate professional can explain the requirements for completing closing remotely.
Because every relocation and transaction is different, it's helpful to discuss your timeline with your agent as early as possible.
Connect with a Century 21 Properties Plus agent to discuss your Charleston relocation and home search.
Military buyers relocating to the Charleston area may consider a variety of communities depending on their duty location, commute, housing preferences, and budget. Areas throughout the Charleston region offer different housing options and access to major roads, military installations, shopping, services, and other amenities.
Some communities buyers may explore include North Charleston, Goose Creek, Summerville, Hanahan, West Ashley, Mount Pleasant, and surrounding areas. The best location will depend on the buyer's individual circumstances and where they need to travel regularly.
When comparing communities, military buyers may want to consider commute times, housing availability, property taxes and insurance, neighborhood characteristics, nearby amenities, and the length of time they expect to be in the area.
A Century 21 Properties Plus agent can help you compare communities and explore homes based on your individual needs without limiting your search to one particular area.
Connect with a Century 21 Properties Plus agent to discuss your relocation and home search.
The time it takes to find and purchase a home can vary significantly depending on your housing needs, budget, preferred communities, available inventory, financing, and relocation timeline. There is no set timeframe that applies to every buyer.
For a PCS or military relocation, starting the process as early as possible can give you more time to research communities, review available homes, arrange showings, and work through the financing and transaction process.
If your timeline is short, your agent can help you focus your search based on the features and locations that are most important to you and coordinate virtual or in-person showings as your schedule allows.
Connect with a Century 21 Properties Plus agent to discuss your timeline and Charleston-area home search.
Depending on your circumstances, it may be possible to complete many parts of a home purchase remotely. This can be particularly helpful for buyers relocating to Charleston who are unable to travel back and forth during a PCS or other move.
Your Century 21 Properties Plus agent may be able to assist with virtual home tours, remote communication, electronic documents, inspections, and coordinating with the other professionals involved in the transaction.
The specific requirements for signing documents and completing closing can vary. Your lender and closing attorney can explain which documents require your signature, whether electronic signatures are permitted, and whether a remote or mail-away closing is available for your transaction.
Because every purchase is different, it is helpful to discuss your relocation timeline and plans with your agent early in the process.
Connect with a Century 21 Properties Plus agent to discuss your remote home search.
Yes. Century 21 Properties Plus works with veterans who are transitioning out of military service as well as those who have been out of the military for years. Your real estate needs do not have to be tied to an active-duty relocation or PCS move.
Whether you're purchasing a home, selling a property, relocating to the Charleston area, or simply exploring your options, an agent can help you understand the local real estate market and guide you through the real estate transaction process.
If you are considering using VA financing, eligibility and loan requirements are determined through the VA and your lender. A Century 21 Properties Plus agent can provide names of lenders as a resource, but you are free to choose any lender and are not required to use one recommended by your agent or Century 21 Properties Plus.
Connect with a Century 21 Properties Plus agent to discuss your real estate goals and Charleston-area options.
Real Estate Investing
Charleston has a diverse real estate market with a mix of residential properties, rental housing, new construction, and properties in established and developing communities. These characteristics can make the area worth exploring for people considering real estate as part of their investment strategy.
However, whether a particular property or market is a good investment depends on the investor's goals, financial situation, investment strategy, property type, location, purchase price, operating expenses, financing, and other factors. Real estate values and rental demand can also change over time, and past market performance does not guarantee future results.
Investors considering Charleston may want to evaluate factors such as purchase price, potential rental income, property taxes, insurance, maintenance, property management, vacancy, financing costs, local regulations, and potential resale value.
A Century 21 Properties Plus agent can provide information about available properties and local real estate market conditions, but agents do not provide investment, tax, or financial advice.
Connect with a Century 21 Properties Plus agent to discuss available investment properties and the Charleston-area market. For advice about whether a particular investment is appropriate for your financial situation, consult a qualified financial, tax, or investment professional.
When evaluating an investment property, there are several factors to consider before deciding whether a property fits your investment goals. Investors often look at the property's location, purchase price, condition, potential rental demand, expected income, and ongoing expenses.
It can also be important to consider property taxes, insurance, maintenance, vacancy periods, property management costs, financing, and any HOA or community restrictions that may apply to rentals. Local regulations can also affect how a property may be used as a rental.
A property's potential resale value and how easily it could be sold in the future may also be considerations, depending on your investment strategy.
A Century 21 Properties Plus agent can help you research available properties, understand local market conditions, and identify property-specific information. However, our agents do not provide investment, tax, legal, or financial advice or guarantee the performance of an investment. For help evaluating the financial or tax implications of an investment, consider speaking with a qualified financial, tax, or legal professional.
Connect with a Century 21 Properties Plus agent to learn more about available investment properties and the local market.
Buying a rental property can be one option for investing in real estate, but whether it makes sense for you depends on your financial situation, investment goals, and the specific property you are considering.
Before purchasing, investors often evaluate the expected rental income compared with expenses such as the mortgage, property taxes, insurance, maintenance, property management, utilities, HOA fees, and potential periods when the property is vacant. The property's condition, location, rental restrictions, and potential resale value may also be important considerations.
It is also important to understand that rental income and property values are not guaranteed, and owning a rental property comes with ongoing responsibilities and risks. A qualified financial, tax, or legal professional can help you determine whether this type of investment fits your overall financial strategy.
A Century 21 Properties Plus agent can help you research available properties and provide information about the local real estate market, but our agents do not provide investment, tax, legal, or financial advice or guarantee investment performance.
Connect with a Century 21 Properties Plus agent to learn more about available properties.
Calculating rental income starts with estimating how much rent a property could reasonably generate, then comparing that income with the property's expected expenses.
Investors may consider the monthly or annual rental income along with expenses such as the mortgage, property taxes, insurance, maintenance, property management, HOA fees, utilities, and potential vacancy periods. Some investors also account for larger future expenses, such as replacing a roof or HVAC system, when evaluating a property.
For example, if a property could generate $2,000 per month in rent, the estimated annual rental income would be $24,000 before expenses. The amount left after applicable expenses would provide a more complete picture of the property's potential cash flow.
Actual rental income can vary based on the property, location, rental market, lease terms, and other factors. A Century 21 Properties Plus agent can provide information about comparable properties and local market conditions, but our agents do not provide investment, tax, or financial advice or guarantee rental income.
For help evaluating the financial details of a potential investment, consider speaking with a qualified financial or tax professional.
Connect with a Century 21 Properties Plus agent to learn more about investment properties and local rental market information.
A capitalization rate, commonly called a cap rate, is a metric investors sometimes use to compare the potential income of income-producing properties. It generally compares a property's estimated net operating income (NOI) with its purchase price or current value.
In simple terms, the formula is:
Cap Rate = Net Operating Income ÷ Property Value
For example, if a property has an estimated annual NOI of $20,000 and a value of $250,000, the cap rate would be 8%.
Cap rate does not account for every factor involved in an investment, such as financing, changes in property value, taxes on investment income, or future expenses. Because of this, it should be considered alongside other financial information rather than used by itself to determine whether a property is a good investment.
A Century 21 Properties Plus agent can help provide property and local market information, but our agents do not provide investment, tax, or financial advice or guarantee investment performance. A qualified financial or investment professional can help you determine which metrics are appropriate for your situation.
Connect with a Century 21 Properties Plus agent to learn more about investment properties.
Yes. Century 21 Properties Plus agents can work with buyers who are exploring real estate investments and can provide information about available properties, local market conditions, neighborhoods, property features, and transaction processes.
Depending on your investment strategy, an agent may also be able to help you identify properties that fit the criteria you are looking for and provide information about comparable properties and local market activity.
Real estate agents do not determine whether an investment will be profitable or provide investment, tax, legal, or financial advice. Factors such as financing, rental income, operating expenses, taxes, insurance, and future market conditions can all affect an investment, and there are no guarantees of a particular return.
For questions about the financial, tax, or legal aspects of an investment, consider consulting the appropriate qualified professional.
Connect with a Century 21 Properties Plus agent to discuss your investment property search and local market information.
Vacation rentals can be one type of real estate investment, but whether a particular property is a good fit depends on the investor's goals, finances, and the property itself. Rental demand, purchase price, operating expenses, seasonality, and the amount of time required to manage the property can all affect the potential results.
Before purchasing a vacation rental, investors should also research local regulations, licensing requirements, zoning rules, taxes, HOA or community restrictions, insurance requirements, and any rules governing short-term rentals. These requirements can vary by location and may change over time.
It is also important to account for expenses such as property management, cleaning, maintenance, utilities, furnishings, marketing, and periods when the property is not rented. Vacation rental income can fluctuate, so projected income should not be treated as guaranteed.
A Century 21 Properties Plus agent can provide information about available properties and local real estate conditions, but our agents do not provide investment, tax, legal, or financial advice or guarantee rental income or investment performance. Consider consulting qualified professionals for guidance on the financial, tax, and legal aspects of a vacation rental.
Connect with a Century 21 Properties Plus agent to learn more about properties that may fit your search.
First-time real estate investors should understand that investing in property involves more than purchasing a home and collecting rent. Before getting started, it can be helpful to define your investment goals, understand your budget, research the local market, and learn about the ongoing responsibilities and potential risks of owning an investment property.
Investors may want to consider:
- The numbers: Purchase price, financing, potential rental income, taxes, insurance, maintenance, management, vacancy, and other expenses.
- The property: Condition, location, age, features, and potential future maintenance needs.
- Rental rules: HOA restrictions, local regulations, zoning requirements, and any applicable short-term or long-term rental requirements.
- Management: Whether you plan to manage the property yourself or work with a property management company.
- Financing: Loan options, down payment requirements, interest rates, and other financing costs.
- Long-term plans: How the property fits into your investment strategy and what you may want to do with it in the future.
There is no guarantee that a particular property will generate income or increase in value. First-time investors may benefit from working with qualified financial, tax, and legal professionals who can provide advice specific to their situation.
A Century 21 Properties Plus agent can help with the real estate side of the process by providing information about available properties, local market conditions, and the transaction process. Our agents do not provide investment, tax, legal, or financial advice or guarantee investment performance.
Connect with a Century 21 Properties Plus agent to start exploring investment properties and local market information.
Homeownership Questions
There is no set schedule for reviewing your home's value, but checking periodically can help you stay informed about your property's position in the local market. Many homeowners choose to review their home's estimated value once a year or when there has been a significant change in the local real estate market.
You may also want to review your home's value when you are considering selling, refinancing, making a major renovation, or evaluating your overall financial plans.
Online home value estimates can provide a general starting point, but they may not account for your home's specific condition, improvements, location, or the most recent comparable sales. A real estate agent can prepare a comparative market analysis (CMA) using recent local sales and current market conditions to provide a more informed estimate of what your home may be worth.
A CMA is not the same as a professional appraisal, and neither guarantees what a home will ultimately sell for.
Connect with a Century 21 Properties Plus agent if you'd like to learn more about your home's current market value.
Home equity is the portion of your home that you own outright. It generally increases as you pay down your mortgage balance and as your home's market value changes over time.
Homeowners may build equity in several ways, including:
- Making regular mortgage payments: As you pay down the principal balance, your ownership stake in the property increases.
- Making additional principal payments: Depending on your mortgage terms, paying extra toward principal may reduce your loan balance more quickly.
- Making improvements: Certain improvements may contribute to your home's market value, although there is no guarantee that the cost of an improvement will be fully recovered.
- Market appreciation: If property values increase in your area, your home's market value may rise as well.
Your home's value can also decrease due to changing market conditions, so equity does not always increase at the same rate or in a straight line.
A Century 21 Properties Plus agent can help you understand local market conditions and how comparable properties may be affecting your home's value. For questions about your mortgage, payment options, or financial strategy, consider speaking with your lender or a qualified financial professional.
Connect with a Century 21 Properties Plus agent to learn more about your home's value and the local market.
Refinancing a mortgage means replacing an existing home loan with a new one, often to change the interest rate, monthly payment, loan term, or other loan terms. Whether refinancing makes sense depends on your individual financial situation and the terms available to you.
Homeowners considering refinancing may want to compare the potential benefits with the costs involved. These can include closing costs, lender fees, changes to the loan term, and the amount of time you expect to remain in the home. A lower interest rate does not necessarily mean refinancing will be the right choice for every homeowner.
Your lender or a qualified mortgage professional can review your current loan and explain the rates, costs, requirements, and potential options available to you. A financial professional can also help you consider how refinancing fits into your overall financial situation.
A Century 21 Properties Plus agent can provide general real estate information, but our agents do not determine whether refinancing is appropriate or provide mortgage or financial advice.
Connect with a Century 21 Properties Plus agent if you are considering how your current home fits into your future real estate plans.
The improvements that add the most value can vary depending on the home, neighborhood, local market, and what buyers are looking for. There is no guarantee that a particular renovation will increase a home's value by the amount spent on it.
In general, homeowners may want to focus on improvements that keep the property well-maintained and improve its functionality and overall presentation. Examples can include:
- Updating a dated kitchen or bathroom
- Improving curb appeal and landscaping
- Replacing worn flooring or repainting
- Updating lighting and fixtures
- Addressing needed repairs and maintenance
- Improving energy efficiency where practical
- Updating major systems when they are older or nearing the end of their useful life
Before making a major renovation, consider the cost of the project compared with the potential benefit and how long you plan to remain in the home. An improvement that makes sense for your personal use may not necessarily provide the same return when you sell.
A Century 21 Properties Plus agent can provide insight into local buyer preferences and comparable properties, while contractors and other qualified professionals can help with project costs and technical recommendations.
Connect with a Century 21 Properties Plus agent to discuss how potential improvements may compare with other homes in your local market.
Property taxes are taxes charged by local governments based on the assessed value of a property. The amount a homeowner pays can depend on the property's assessed value, the applicable tax rates, and any exemptions or other adjustments for which the homeowner may qualify.
Property taxes are generally paid through the local tax authority, although some homeowners have their taxes collected as part of their monthly mortgage payment through an escrow account.
Property tax rates, assessments, exemptions, and payment requirements can vary by location and may change over time. Homeowners should check with the appropriate county or local tax authority for the most current information about their property.
If you are buying or selling a home, your closing documents may also include prorated property taxes based on the portion of the tax year each party owns the property.
A Century 21 Properties Plus agent can help you understand where to find property tax information for a home, but our agents do not provide tax advice. For questions about your specific tax situation, exemptions, or tax liability, consult the appropriate county tax office or a qualified tax professional.
Connect with a Century 21 Properties Plus agent if you have questions about a property's tax information while buying or selling a home.
Homeowners insurance can help protect your home and belongings against certain covered losses, but the coverage you need can depend on your property, mortgage requirements, location, and individual circumstances.
A typical homeowners policy may include coverage for the dwelling, personal belongings, liability, and additional living expenses in certain situations. Policies can differ, so it is important to understand what is covered, what is excluded, and what deductibles apply.
For Charleston-area homeowners, it is also important to understand that standard homeowners insurance may not cover every type of risk. Flood damage, for example, is generally handled separately from standard homeowners insurance and may require a separate flood insurance policy.
Insurance costs and coverage can vary significantly based on the property's location, age, construction, claims history, coverage limits, deductible, and other factors. Your lender may also have specific insurance requirements if you have a mortgage.
A Century 21 Properties Plus agent can help you identify insurance information associated with a property, but our agents do not recommend specific insurance coverage or providers or provide insurance advice. A licensed insurance professional can help you determine what coverage may be appropriate for your property.
Connect with a Century 21 Properties Plus agent if you are buying or selling a home and need help understanding the property information available to you.
Flood insurance is an important consideration for Charleston-area homeowners because flooding can occur from coastal storms, heavy rainfall, storm surge, and other sources. A property does not necessarily have to be directly on the coast to have some level of flood risk.
Standard homeowners insurance generally does not cover flood damage, so a separate flood insurance policy may be needed depending on the property and the homeowner's circumstances.
When buying a home, it can be helpful to research the property's flood zone, elevation information, prior flood history when available, and insurance requirements. Flood zones can affect insurance costs and requirements, but being outside a high-risk flood zone does not necessarily mean a property has no flood risk.
Flood insurance coverage, premiums, deductibles, and eligibility can vary by property and policy. A licensed insurance professional can provide the most accurate information about available coverage and costs. Buyers may also want to discuss insurance requirements with their lender before purchasing a property.
A Century 21 Properties Plus agent can help you find available property information and point you toward resources for researching flood zones and other property details, but our agents do not determine flood risk or provide insurance advice.
Connect with a Century 21 Properties Plus agent if you are considering a Charleston-area property and want to learn more about the property information available during the buying process.
A home warranty is a service contract that may help cover the repair or replacement of certain home systems and appliances when they break down, depending on the specific terms of the contract.
Whether a home warranty is worthwhile depends on the property, the age and condition of its systems and appliances, the coverage offered, the cost of the plan, and the homeowner's comfort with unexpected repair expenses.
Before purchasing a home warranty, review the contract carefully. Pay attention to:
- Which systems and appliances are covered
- Coverage limits and exclusions
- Service fees or deductibles
- Whether pre-existing conditions are excluded
- Who selects the repair provider
- What happens if an item cannot be repaired
- Renewal terms and cancellation policies
A home warranty is different from homeowners insurance. Insurance generally addresses certain unexpected losses or damage, while a home warranty is a service contract for specified systems and appliances.
A Century 21 Properties Plus agent can explain how a home warranty may come into play during a real estate transaction, but our agents do not determine whether a particular warranty is right for you. Review the terms with the warranty provider and consider seeking professional advice if needed.
Connect with a Century 21 Properties Plus agent if you have questions about how a home warranty may be handled as part of buying or selling a home.
Curb appeal can make a strong first impression and can also help your home look well-maintained when you're preparing to sell. Fortunately, improving curb appeal does not always require a major renovation.
Some relatively simple ways to improve your home's exterior include:
- Keeping the lawn and landscaping maintained
- Trimming overgrown shrubs and trees
- Adding fresh mulch or well-maintained plants
- Cleaning walkways, driveways, porches, and exterior surfaces
- Touching up or repainting the front door
- Updating outdated exterior lighting or house numbers
- Cleaning windows and removing visible cobwebs
- Keeping outdoor areas neat and free of unnecessary items
- Making sure fences, railings, and other visible features are in good condition
The best improvements will depend on the condition and style of your home, your neighborhood, and your budget. If you're preparing to sell, focusing on maintenance and a clean, well-kept appearance may be more practical than making expensive changes solely for resale.
Connect with a Century 21 Properties Plus agent if you're preparing your home for sale and would like to discuss how it compares with other homes in your local market.
There is no single right time to move. Homeowners may consider moving when their current home no longer fits their needs, finances, lifestyle, or future plans.
Some signs that it may be worth exploring a move include:
- You need more or less space
- Your housing costs no longer fit comfortably within your budget
- Your commute or daily routine has changed
- You want to be closer to work, recreation, or other important destinations
- Your current home requires more maintenance than you want to manage
- Your housing needs have changed
- You are considering a different type of property
- You are ready to take advantage of available home equity
- You are planning a significant life or financial change
Before deciding, consider both the benefits and costs of moving. These may include the potential value of your current home, mortgage payoff, selling expenses, moving costs, the price of your next home, and current market conditions.
A Century 21 Properties Plus agent can help you evaluate your current home's market value, explore available properties, and understand the real estate side of the decision. For questions about your broader financial situation, consider speaking with a qualified financial professional.
Connect with a Century 21 Properties Plus agent when you're ready to explore your options.
Working With Century 21 Properties Plus
Choosing a real estate company is about more than finding a place to buy or sell. It can be helpful to work with a company that combines local market knowledge with the resources, technology, and marketing reach to support you throughout the real estate process.
Century 21 Properties Plus serves communities throughout the Charleston and surrounding South Carolina markets, with agents who work with buyers, sellers, investors, and those relocating to the area. Our agents can provide local market information, help you understand your options, coordinate the transaction process, and connect you with other professionals when appropriate.
As part of the CENTURY 21 brand, Properties Plus also has access to a broad network of agents, technology, and marketing resources that can support buyers and sellers beyond the local market.
Every real estate transaction is different, and the experience you receive can depend on your individual needs and the agent you choose. Our goal is to provide knowledgeable, responsive service and help you make informed real estate decisions.
Connect with a Century 21 Properties Plus agent to learn more about working with our team.
Every real estate agent brings their own experience, knowledge, and approach to working with clients. At Century 21 Properties Plus, our agents have access to the resources, technology, marketing tools, and support of an established real estate company while maintaining the personal service that comes with working directly with an individual agent.
Our agents work with buyers and sellers throughout the Charleston and surrounding South Carolina markets and can help clients navigate everything from understanding local market conditions to coordinating the details of a real estate transaction.
The right agent for you will depend on your goals, communication preferences, location, and the type of real estate transaction you're considering. We encourage you to connect with an agent and ask questions about their experience and approach so you can determine whether they are a good fit for your needs.
Connect with a Century 21 Properties Plus agent to find an agent who can help with your real estate goals.
Century 21 Properties Plus is home to agents with a range of real estate experience, backgrounds, and areas of expertise. Some agents have years of experience in the industry, while others bring experience from different professional backgrounds and have built their real estate careers over time.
Because experience can vary from agent to agent, it can be helpful to ask about an individual agent's background, experience in your area, and the types of transactions they regularly handle.
Our agents also have access to the training, technology, resources, and support available through Century 21 Properties Plus and the CENTURY 21 network.
Connect with a Century 21 Properties Plus agent to find an agent and learn more about their experience and areas of expertise.
Yes. Century 21 Properties Plus agents work with both buyers and sellers throughout the real estate process.
For buyers, an agent can help identify properties that fit your search, arrange showings, provide information about local market conditions, help prepare and negotiate offers, and coordinate the transaction through closing.
For sellers, an agent can help evaluate the property's market position, prepare the home for listing, develop a marketing strategy, manage showings and offers, and coordinate the transaction through closing.
Every transaction is different, and the services provided can vary based on your needs, the property, and the type of transaction. Your agent can explain what to expect and how they can assist you.
Connect with a Century 21 Properties Plus agent to get started with your buying or selling goals.
Yes. Century 21 Properties Plus agents can provide names of lenders as a resource when you are preparing to purchase a home. Having a lender can help you understand your financing options, determine what you may qualify for, and obtain a pre-approval when appropriate.
You are free to choose any lender you prefer and are not required to use a lender recommended by your agent or a lender affiliated with Century 21 Properties Plus. It can be helpful to compare lenders and consider factors such as rates, fees, loan programs, communication, and service.
Because lending decisions and loan terms depend on your individual financial circumstances, a qualified mortgage professional should provide specific information about eligibility, rates, and financing options.
Connect with a Century 21 Properties Plus agent if you'd like names of lender options as a starting point for your home-buying process.
Yes. Century 21 Properties Plus agents may be able to provide names of inspectors, contractors, and other service providers as a resource during a real estate transaction.
For example, depending on your needs, an agent may be able to point you toward professionals who provide home inspections, pest inspections, repairs, maintenance, landscaping, or other property-related services.
You are not required to use a service provider recommended by your agent. It is a good idea to research providers, verify their licensing or credentials when applicable, and compare services, availability, and pricing before making a decision.
Your agent can help coordinate communication with service providers during a transaction, but the work performed and recommendations made by those professionals are their responsibility.
Connect with a Century 21 Properties Plus agent if you need names of local service providers as a starting point.
Yes. Depending on the property and the seller's preferences, Century 21 Properties Plus agents may be able to provide virtual options for buyers who cannot attend a showing in person.
Virtual tours may include live video walkthroughs, recorded video, virtual tour technology, or video calls that allow you to view a property remotely. These options can be especially helpful for buyers who are relocating, traveling, or unable to visit a property in person.
The availability of virtual tours can vary by property, seller, and showing circumstances. A virtual tour also may not reveal every detail that you would notice during an in-person visit, so buyers may want to arrange an in-person showing or appropriate inspections when possible.
Connect with a Century 21 Properties Plus agent to ask about virtual showing options for a property you're interested in.
Scheduling a real estate consultation with a Century 21 Properties Plus agent is a simple way to start a conversation about your goals, whether you're buying, selling, investing, or relocating.
You can reach out through our website, contact an agent directly, or use our contact form to request assistance. During the initial conversation, you can share what you're hoping to accomplish, your preferred timeline, and any questions you have about the process.
From there, an agent can help you determine the next steps and explain how they can assist with your specific real estate needs. There is no requirement to have every detail figured out before reaching out.
Connect with a Century 21 Properties Plus agent to request a consultation and get started.
The first meeting is an opportunity to talk about your real estate goals, ask questions, and get a better understanding of what working with an agent may look like. The conversation can be tailored to whether you're buying, selling, investing, or relocating.
Depending on your situation, you may discuss:
- Your real estate goals and priorities
- Your preferred location and property type
- Your expected timeline
- Your budget or current home
- Questions about the buying or selling process
- Current local market conditions
- Potential next steps
If you're buying, your agent may also discuss the importance of financing and connecting with a lender when appropriate. If you're selling, the conversation may include your home's condition, potential pricing considerations, and how the property could be prepared and marketed.
You do not need to have everything figured out before your first meeting. Your agent can help you understand the process and determine what information or steps may be helpful next.
Connect with a Century 21 Properties Plus agent to schedule a conversation about your real estate goals.
Getting started is as simple as connecting with a Century 21 Properties Plus agent and sharing what you're hoping to accomplish. You do not need to have every detail figured out before reaching out.
Depending on your goals, your first conversation may cover:
- Whether you're buying, selling, investing, or relocating
- Your preferred location and property type
- Your timeline and priorities
- Your current home, if you're considering selling
- Financing and pre-approval, if you're buying
- Questions you have about the real estate process
- Potential next steps
From there, your agent can help you understand the process, provide relevant local market information, and guide you through the appropriate next steps for your situation.
Connect with a Century 21 Properties Plus agent to start a conversation about your real estate goals.
Real Estate Terms & Processes
Earnest money is a deposit a buyer may provide after entering into a contract to purchase a home. It demonstrates the buyer's commitment to the transaction and is typically held in an escrow or trust account according to the terms of the contract.
The amount of earnest money can vary depending on the transaction and the terms negotiated between the buyer and seller. It is generally not an additional cost on top of the purchase price. If the transaction closes, the earnest money may typically be applied toward the buyer's purchase costs, depending on the contract and closing arrangements.
What happens to the earnest money if the transaction does not close depends on the circumstances and the terms of the contract. Certain contingencies or contractual provisions may allow the buyer to receive the deposit back, while other situations may have different consequences.
Because earnest money is governed by the purchase contract and applicable laws and regulations, buyers and sellers should discuss specific questions with their agent and, when appropriate, their real estate attorney or other qualified professional.
Connect with a Century 21 Properties Plus agent if you have questions about earnest money or other parts of the home-buying process.
Title insurance is designed to protect against certain financial losses related to problems with the legal ownership or title to a property. These issues can include undisclosed liens, ownership claims, recording errors, or other title defects that may not be discovered during the initial title search.
There are generally two types of title insurance involved in a real estate transaction: owner's title insurance, which protects the homeowner, and lender's title insurance, which protects the mortgage lender. Whether a policy is required, what it covers, and who pays for it can depend on the transaction and the lender's requirements.
Before closing, a title or closing professional typically conducts a title search to identify potential issues with the property's ownership history. Title insurance does not necessarily cover every possible title problem, so buyers should review the policy and its exclusions carefully.
A Century 21 Properties Plus agent can help explain where title insurance fits into the real estate transaction, but specific coverage questions should be directed to the title company, closing attorney, or insurance professional handling the transaction.
Connect with a Century 21 Properties Plus agent if you have questions about title insurance or the closing process.
Escrow is a process where money, documents, or other items are held by a neutral third party until certain conditions of a real estate transaction are met.
The term can refer to different parts of the home-buying process. For example, earnest money may be held in an escrow or trust account while a purchase is under contract. After closing, a mortgage lender may also use an escrow account to collect money for expenses such as property taxes and homeowners insurance.
The specific handling of escrow funds depends on the transaction, the purchase contract, the lender, and applicable laws and regulations. The professionals responsible for holding or managing the funds can explain the specific requirements and procedures.
A Century 21 Properties Plus agent can help explain how escrow fits into your transaction, but questions about the handling of specific funds should be directed to the appropriate closing professional, attorney, or lender.
Connect with a Century 21 Properties Plus agent if you have questions about escrow or another part of the real estate process.
A contingency is a condition written into a purchase contract that must be satisfied for the transaction to continue under the agreed terms. Contingencies can give buyers an opportunity to address certain issues before completing the purchase.
Depending on the transaction and contract, buyers may encounter contingencies related to:
- Due diligence or inspections: Allows the buyer to investigate the property's condition and other relevant factors.
- Financing: Makes the purchase dependent on the buyer obtaining the agreed-upon financing.
- Appraisal: May address what happens if the property's appraised value does not support the agreed purchase price.
- Home sale: In some situations, a buyer's purchase may be tied to the sale of their current home.
- Title: Allows issues affecting ownership or title to be addressed before closing.
The contingencies available, deadlines, and rights of the buyer and seller depend on the specific contract and applicable law. Not every transaction will include the same contingencies, and some may be negotiated between the parties.
Your Century 21 Properties Plus agent can explain how common contingencies work and help you understand the terms of your contract. For legal questions about contract language or your rights and obligations, consult a qualified real estate attorney.
Connect with a Century 21 Properties Plus agent if you have questions about contingencies or the home-buying process.
Homeowners insurance is an insurance policy that can help protect a homeowner against certain covered losses involving the home, personal belongings, and liability. The specific coverage, exclusions, deductibles, and limits depend on the policy.
A homeowners insurance policy may provide coverage for things such as damage to the home from certain covered events, personal property, personal liability, and additional living expenses in qualifying situations.
It is important to understand that homeowners insurance does not cover every type of loss. For example, flood damage is generally not covered by a standard homeowners insurance policy and may require separate flood insurance.
Insurance requirements can also vary depending on the property and mortgage lender. Homeowners should review their policy carefully and speak with a licensed insurance professional about the coverage appropriate for their circumstances.
A Century 21 Properties Plus agent can help you understand where homeowners insurance fits into the buying process, but our agents do not provide insurance advice or recommend specific coverage.
Connect with a Century 21 Properties Plus agent if you have questions about homeowners insurance during a real estate transaction.
A homeowners association, commonly called an HOA, is an organization that manages and enforces certain rules and standards within a planned community or neighborhood. Homeowners in an HOA community may be required to pay regular dues or assessments to help fund shared services and community expenses.
HOA responsibilities and rules can vary widely. Depending on the community, an HOA may oversee common areas, amenities, landscaping, maintenance, or community facilities. HOA documents may also include rules about things such as exterior changes, parking, pets, rentals, or other uses of the property.
Before purchasing a home in an HOA community, buyers should review the association's governing documents, fees, assessments, restrictions, and financial information. It is also important to understand whether there are any pending or potential special assessments.
A Century 21 Properties Plus agent can help you locate available HOA information and explain where it fits into the purchase process. Buyers should review the actual HOA documents carefully and may wish to consult an attorney if they have legal questions about restrictions or obligations.
Connect with a Century 21 Properties Plus agent if you have questions about an HOA or a property located within an HOA community.
A seller's disclosure is a document in which a property seller provides information about known conditions or issues with the property. The purpose is to give prospective buyers information about the home's condition that may not be obvious from a showing or inspection.
Depending on the property and applicable requirements, a disclosure may address items such as known defects, past repairs, water or moisture issues, structural concerns, or problems with major systems. Disclosure requirements can vary by state and transaction.
A seller's disclosure is not a substitute for a home inspection. Buyers should conduct their own due diligence and may want to have the property inspected by qualified professionals before completing the purchase.
Buyers and sellers should also understand that disclosure requirements and legal obligations can be specific to the transaction. For questions about what must be disclosed or how a particular disclosure affects your rights, consult a qualified real estate attorney.
A Century 21 Properties Plus agent can help explain where seller disclosures fit into the transaction and help you review the information provided as part of the buying process.
Connect with a Century 21 Properties Plus agent if you have questions about seller disclosures or the due diligence process.
A home inspection can identify issues with a property's condition, but finding problems does not necessarily mean the sale will fall apart. Most homes have some items that may need attention, particularly as they age.
What happens next depends on the purchase contract, the inspection findings, and the negotiations between the buyer and seller. Depending on the circumstances, a buyer may:
- Ask the seller to make certain repairs
- Request a credit or other negotiated adjustment
- Accept the property as-is
- Continue with the transaction under the existing terms
- Exercise rights available under the contract, if applicable
The seller may agree to some requests, negotiate different terms, or decline them. Not every inspection issue requires a repair, and the significance of a finding can depend on the property's condition, age, and other factors.
For significant issues, buyers may want to consult an appropriately qualified contractor, inspector, engineer, or other specialist. Questions about contractual rights or obligations should be directed to a qualified real estate attorney.
A Century 21 Properties Plus agent can help facilitate communication and negotiations between the parties and explain how the inspection process fits into the transaction.
Connect with a Century 21 Properties Plus agent if you have questions about inspections or what happens after an inspection identifies potential issues.
If an appraisal comes in below the agreed purchase price, it means the appraiser's opinion of the property's value is lower than the price the buyer and seller agreed upon. This can create an issue if the buyer is financing the purchase because the lender may base the loan amount on the appraised value and the terms of the loan.
What happens next depends on the purchase contract, financing, and the circumstances of the transaction. Possible options may include:
- The buyer and seller renegotiate the purchase price
- The buyer contributes additional funds, if permitted and appropriate
- The seller agrees to another adjustment or concession
- The buyer challenges the appraisal through the lender's available process
- The parties continue under the existing terms
- A contractual appraisal provision or contingency may provide other options
There is no single solution that applies to every transaction. Buyers should discuss the financing implications with their lender, while questions about contractual rights or obligations may be addressed with a qualified real estate attorney.
A Century 21 Properties Plus agent can help communicate with the parties and assist with negotiations when appropriate, but agents do not determine the appraised value or the lender's loan decision.
Connect with a Century 21 Properties Plus agent if you have questions about an appraisal or a purchase where the appraised value is lower than the contract price.
Dual agency occurs when the same real estate agent represents both the buyer and the seller in the same transaction, subject to applicable state law and required disclosures or consent.
Because the agent has a relationship with both sides of the transaction, there can be limitations on the type of advice, advocacy, and confidential information the agent can provide to each party. The rules surrounding dual agency can vary by state.
Before entering into a dual agency arrangement, buyers and sellers should understand how the arrangement works, what services and duties the agent can provide, and what limitations may apply. Required disclosures and consent may also be part of the process.
A Century 21 Properties Plus agent can explain the agency relationship involved in your transaction and provide the appropriate disclosures. If you have questions about your legal rights or the implications of a particular agency arrangement, you may wish to consult a qualified real estate attorney.
Connect with a Century 21 Properties Plus agent if you have questions about agency relationships or how representation works in a real estate transaction.
A home warranty is a service contract that may help cover the repair or replacement of certain home systems and appliances when they break down, depending on the terms and limitations of the contract.
Coverage can vary between providers and plans. A warranty may cover items such as certain heating and cooling systems, plumbing, electrical systems, or household appliances. Service fees, coverage limits, exclusions, and other conditions can apply.
A home warranty is different from homeowners insurance. Homeowners insurance generally provides coverage for certain unexpected losses or damage, while a home warranty is a service contract for specified systems and appliances.
If you are considering a home warranty, review the contract carefully and understand what is covered, what is excluded, how service requests work, and what costs you may be responsible for.
A Century 21 Properties Plus agent can explain how a home warranty may fit into a real estate transaction, but our agents do not determine whether a particular warranty is appropriate or recommend specific coverage.
Connect with a Century 21 Properties Plus agent if you have questions about home warranties during a real estate transaction.
Property taxes are taxes charged by local governments on real estate. The amount a homeowner pays generally depends on the property's assessed value, applicable tax rates, and any exemptions or adjustments for which the homeowner may qualify.
Property taxes are typically paid to the appropriate local tax authority. If you have a mortgage with an escrow account, your lender may collect a portion of your estimated property taxes with each monthly mortgage payment and then pay the tax bill on your behalf.
Property tax rates, assessments, exemptions, and payment schedules can vary by location and may change over time. Homeowners should check with the appropriate county or local tax authority for the most current information about a specific property.
When buying or selling a home, property taxes may also be prorated at closing based on the portion of the tax period each party owns the property.
A Century 21 Properties Plus agent can help you locate property tax information and explain how taxes may appear in a real estate transaction, but our agents do not provide tax advice.
Connect with a Century 21 Properties Plus agent if you have questions about property taxes while buying or selling a home.
Flood insurance is a separate type of insurance that can help cover certain losses caused by flooding. Standard homeowners insurance generally does not cover flood damage.
Flood risk is an important consideration in the Charleston area because flooding can result from coastal storms, storm surge, heavy rainfall, drainage issues, and other sources. A property's flood risk can vary significantly even between nearby properties.
Whether flood insurance is required or advisable depends on factors such as the property's location, flood zone, elevation, lender requirements, and the type of insurance coverage available. A property outside a high-risk flood zone can still have some flood risk, so homeowners should not rely on the flood zone alone when evaluating their options.
If you're buying a home, you may want to review available flood-zone and elevation information and discuss insurance requirements with your lender and a licensed insurance professional. Insurance costs, coverage, deductibles, and requirements can vary by property and policy.
A Century 21 Properties Plus agent can help you locate available property information and point you toward resources for researching flood risk, but our agents do not determine flood risk or provide insurance advice.
Connect with a Century 21 Properties Plus agent if you have questions about flood-related property information while buying or selling a home in the Charleston area.
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© CENTURY 21 2023 - 2024. All rights reserved. CENTURY 21®, C21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Franchisee Legal Entity Name (not the dba) fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Century 21 Real Estate LLC nor any of its affiliated companies. 1. Study Source: 2023 Ad Tracking Study. The survey results are based on 1,200 online interviews with a national random sample of adults (ages 18+) who are equal decision makers in real estate transactions and active in the real estate market (bought or sold a home within the past two years or, plan to purchase or sell a home within the next two years). Recognition question based on consumer awareness of brand in question. Results are significant at a 90% confidence level, with a margin of error of +/-2.4%. The study was conducted by Kantar Group Limited, a leading global market research organization, from November 17- December 1, 2023. 2. Data current as of 03.31.2024.
