A Clause of Your Own
If you are selling a home in today's market, you will likely be presented with offers that have contingencies. One contingency typically tacked on by buyers is the one that makes the sale contingent on their selling their own home. There is also a financing contingency, which allows buyers a certain amount of time to get a loan commitment.
While these contingencies are perfectly proper, seller's agents may suggest strategies for protecting their clients' best interests. For instance, experienced agents know that sellers may counter with a kick-out clause, which allows them to continue showing the home and consider other offers.
When you list your home for sale, you and your agent must work as partners to ensure it sells as quickly as possible, and for the best price. Accepting the contract with some contingencies is part of the process and your Realtor should help you decide how to respond.
For more information, please call ROY WHEELER REALTY CO. Our reputation for hard work, diligence and unsurpassed service to our clients has stood the test of time throughout the Central Virginia area.
Kudos for Charlottesville
Charlottesville has the wonderful distinction of being voted one of “The Best Places to live”, a top “Green City” as one of “America’s Healthiest Places to live”, and being known for its commitment to Historic Preservation.
Now, Money Magazine has added to the the Charlottesville/Albemarle honors the recognition of the “2nd Best Place to Retire Young”.This recognition was based on Positive Population Growth, within 100 miles of a major metropolitan area (DC as well as Richmond, VA), Housing costs below $350,000, cost of living, Economic health, college presence, and an abundance ogf Recreation, art, and culture opportunities.
In case you weren’t aware
People keep asking our agents, “Why is Charlottesville and the Central Virginia area so special”? Almost every time a survey comes out about best places to live, Charlottesvilleranks very high. Recently, another survey came outranking Charlottesville as a wonderful region for employment.There are many reasons for this continued recognition. Here are just a few:
1) A wonderful teaching Hospital 2) One of the Top Universities in the country 3)Some of the most beautiful countrysideyou can imagine anddriving distance to beaches and mountains4) Great sporting events and cultural activities 5) an up and coming wine region and 6) fabulous restaurants.
Now is the time to Buy!
This truly is a great time to purchase a home. There are lots of homes to see in all price ranges whether you are looking in Charlottesville or the surrounding counties of Albemarle, Greene, Nelson, etc.In addition, interest rates continue to hover around 6% with many loan products from which to choose but that could change asthe US dollar is struggling a bit right now and normally that results in higher interest rates.
So take advantage of motivated sellers andthe increased buying power of lower interest rateswhile both are an advantage to today’s buyer.
Charlottesville Housing Opportunities
The real estate market continues to transition from a sellers market (where there weren’t enough homes to meet the needs of buyers) to a buyers market (where now there are more homes than there are buyers). Most of what you read is doom and gloom and yes, there are instances where folks are being negatively impacted.
Nevertheless, there are positive things coming from this market as well. 1) Buyers now have the time to make an educated decision on their purchase rather than being forced to make a split second decision along with waiving the important home inspection. 2) Prices have come down and interest rates have stabilizedso buyers now have the opportunity to purchase a home that was out of their price range a year ago. So if you are buying or selling, don’t believe everything you read in the media. Instead, contact a Realtor you trust, who will listen to what you are trying to accomplish and give you the facts you need to make an educated real estate decision
IN EVERYONE’S BEST INTEREST
A home inspection conducted on behalf of the buyer prior to closing once may have been considered to be potentially problematic. Over time, however, a professional home inspection has come to be regarded as a vehicle for avoiding complications. This enlightened attitude stems from the fact that both buyers and sellers are well served by having all the available facts on hand before entering into serious negotiations.
With this in mind, the savvy seller may offer a comprehensive home inspection by a reputable and independent contractor as a sales tool. If trust is the cornerstone of a solid deal, sellers have every reason to preemptively offer prospective buyers the findings of a professional home inspection. If you are selling, be aware that our area is fast becoming a buyer's market. Make all needed repairs unless you want your house to be regarded as a fixer-upper. Anything that's obviously broken gives potential buyers a reason to offer you a lower price.
Listing your home with ROY WHEELER REALTY CO. gives you the advantage of having a team of experts apply themselves to the task of finding you a qualified buyer as quickly as possible. Since 1927 we have served the real estate needs of the Central Virginia community.
In Charlottesville/Albemarle, Pricing is the key!
Over the last few months, the Charlottesville/Albemarle market has gone through a market transition. Sellers must come to grip with the fact that their home will not get the price their neighbor’s did last year. Buyers know that prices will have to come down a bit given the increasing inventory of new as well as resale homes. Therefore the sellers whoprice their housesto reflect the changing housing market, willbenefit from the waitingbuyers who are not willing to pay last year’s prices.
Wintergreen Resort Announces the Launch of On-Site Real Estate Firm
Opening in September, Wintergreen Resort Premier Properties will be the resort's official real estate firm.
WINTERGREEN, VA -- Wintergreen Resort, a four-season retreat located in Virginia's Blue Ridge Mountains, today announced the launch of the resort's official on-site real estate firm, a full-service residential real estate company, is a strategic partnership between Wintergreen Resort and Charlottesville-based Roy Wheeler Realty Co. Scheduled to open Labor Day weekend, Wintergreen Resort Premier Properties is located inside the resort's Mountain Inn. Under the leadership of Managing Director Michael Guthrie, Brian Chase, a longtime Wintergreen property owner and Premier Equity Member, will ensure the success of the new office. Mr. Chase is a graduate of the National Association of Realtors' Real Estate Institute and is a certified E-Pro Internet Professional. He is a graduate of Wake Forest University and the University of Virginia’s Darden Graduate School of Business Administration.Wintergreen Resort Premier Properties' sales team will consist of full-time professionals with a proven track record in real estate sales.
"We are very pleased to announce this exciting new extension of our business," said Bob Ashton, President & Chief Executive Officer, Wintergreen Resort. "We believe that Wintergreen Resort Premier Properties is a logical step for the resort and a complimentary addition to our business. This business will add value to Wintergreen's member-owners and enable us to expand our services for members, property owners and guests."
"Wintergreen is a resort community unparalleled in its natural beauty, outdoor recreation and amenities." said Frank Quayle, President, Roy Wheeler Realty Co. "We look forward to this partnership and the tremendous advantages that Wintergreen Resort Premier Properties will be able to offer the Wintergreen community, as the resort's official real estate firm."
About Wintergreen Resort:
Wintergreen Resort is an 11,000-acre, four-season resort located in the Blue Ridge Mountains southwest of Charlottesville, Virginia. This beautiful hideaway is the ultimate vacation and conference spot, with more than 300 condominium-style accommodations; 45 holes of championship golf; snow skiing, snowboarding and snow tubing; an award-winning tennis program; a full-service, destination spa; 40,000 square feet of meeting and event space; and savory dining options. The resort is located adjacent to the Blue Ridge Parkway in beautiful Central Virginia near Charlottesville, just 90 minutes from Richmond, Va., three hours from Washington, D.C. and Raleigh, N.C., five and a half hours from Philadelphia, Pa. and eight hours from Atlanta, Ga. For more information, guests can call (434) 325-2200 or visit the resort's web site at www.wintergreenresort.com.
About Roy Wheeler Realty Co.
Roy Wheeler Realty Co. was founded close to 80 years ago with the philosophy that service is its most important product. That philosophy is as important today as it was in 1927 when Mr. Wheeler borrowed $300 to open Roy Wheeler Realty Co. on the top floor of the Monticello Drug Store in Charlottesville, Va. Today, with 55 Charlottesville real estate agents working from historic Ednam Hall, the firm carries on the tradition of Roy Wheeler and his commitment to excellence. A long-standing network of friends and clientele as well as state, national and international brokers enable Roy Wheeler Realty Co. to offer Central Virginia's broadest selection of homes, properties and Charlottesville real estate.
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Media Contact:
Sarah Lovejoy
Wintergreen Resort
(434) 325-8146
Innovation Continues to Thrive at Roy Wheeler Realty Co.
We launched a massively-redesigned website at www.RoyWheeler.com today. It breaks ground in the Charlottesville market with one of the first, broker-sponsored blogs where clients and clients-to-be can receive up-to-the-minute commentary about changes in our dynamic real estate market.
The site also combines client research tools with the latest technology including this blog, individualized property searches and get-to-know-your-agent bios. In addition, visitors can now study the buying or selling process so that they know what to expect before contacting a Roy Wheeler agent.
It’s just another example of how Roy Wheeler Realty Co. continues its leadership on providing innovative service to its clients.
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