How to Buy / Sell / Rent

Century Village

Buying in Century Village: Step-by-Step Guide

1. Age Requirement

At least one of the buyers must be 55 years of age or older. Residents under the age of 18 are not permitted to live in the community.

2. Review Condo Documents

As a buyer, you’ll have the opportunity to review all condominium documents during the transaction, including the rules, regulations, and financials, contact us for more details.

3. Submit HOA Application

An application must be submitted to the condo association for approval. This process typically involves a background check, a screening interview, and a non-refundable fee (usually around $100). Approval from the board is required before closing.

4. Secure Financing

If financing the purchase, it's important to work with lenders familiar with condominiums and their specific requirements—especially regarding insurance coverage and association reserves. Century Village has two preferred lenders who regularly work with the community and have a strong track record of successful closings.

5. Closing and Move-In

At closing, the buyer will pay the down payment and closing costs. Monthly HOA fees begin at this point and typically cover building maintenance, use of amenities, clubhouse access, and internal transportation services.

6. Requirements

Write a contract and complete inspection
Proof of age (55+), ID, background check within others
HOA application, financial statements (If finance)
Homeowner’s and flood insurance (If finance)

Century Village

Selling Your Property

1. Select a Realtor

We are your realtors. Call us for details and to get the best deal!

2. Prepare Documents

HOA disclosures, recent association meeting minutes, financial reports.

3. List the Condo

We will price your property based on a thorough market value analysis and provide our best recommendation, backed by experience and local expertise.

4. Accept an Offer

We will guide you through the process and wait for the HOA approval, which typically takes between 30 to 45 days.

5. Close the Sale

We fully understand the title process and will guide you through it, reviewing all title work without delays. We will also explain all line-item expenses at the time of closing and carefully review your figures.

Century Village

Renting:

As an Owner Looking to Rent

Not all buildings offer rental privileges, but as agents with expertise in this community, we can provide you with the most up-to-date information to confirm which buildings do allow rentals. In many cases, there is a two-year waiting period before you are eligible to rent.

As a Tenant

As a prospective tenant looking to rent in Century Village, you can count on us—as experienced professionals in the community—to guide you through the entire process. We’ll walk you through all requirements to ensure a successful rental, carefully considering the specific rules and regulations of each building, as well as the HOA compliance guidelines for each unit.

Investors in This Community Are Welcome

Century Village welcomes investors, and properties can be purchased with cash or financing—no problem. This is a rental-friendly community that is especially attractive to tenants, as it includes all utilities except electricity.

We guide investors through the entire process and provide a detailed ROI estimate and net investment sheet as needed at the time of closing.