All posts by Gavin

What Do Those Home Selling Terms Even Mean?

Real estate lingo can be hard to decipher because, well, there’s so much of it! It might even seem like your Realtor is speaking another language.

From fancy acronyms to words like “escrow” and “riders,” there are a lot of terms out there that might seem totally foreign. But that doesn’t mean you don’t have to know what they mean!

If you’re in the process of selling your home, here are a few real estate acronyms you really should know.

CMA: Comparative Market Analysis

Man's hand resting on the mouse pad of a silver laptop.A comparative market analysis is a great way to research the market and find out what homes in your neighborhood are selling for. It’s an in-depth report that lists the prices of sold homes that are similar to your home (otherwise known as “comps” or “comparables”).

CMAs provide information about homes that were recently sold, home that are currently on the market, and homes that were on the market but were not sold within the listing period.

FSBO: For Sale By Owner

Home sellers who opt not to use a Realtor will list their home as For Sale By Owner. This simply means the homeowner is selling their home without the help of a Realtor and is taking on all the responsibilities of selling their home.

When you choose to sell without a Realtor, you may be saving money on their commission fee, but you’re taking on a lot of additional work and responsibility. Plus, you may end up losing money in the long run if you don’t know how to stage and photograph your home, market it effectively, or price it correctly and competitively.

Escrow

Escrow refers to a number of documents, payments, and other material that are held by a third party. Once you’ve negotiated the sale of your home with a potential buyer, you’ll want to make sure there’s a proper escrow set up.

Basically, when a buyer makes an offer on your home, they’ll write you a check for “earnest money” (kind of like a security deposit or holding fee). This money is held by a neutral third party until you and the buyer negotiate a contract and close the sale.

Since you can’t use the money and neither can the buyer, the money is considered to be in “escrow”.

Contingency

When you’re negotiating the contract of your home sale with the buyer, there are likely to be a few contingencies in your contract. Contingencies protect the buyer if they fail to qualify for a loan, if they are dissatisfied with the results of the home inspection, or if something else falls through.

Carefully consider all terms of the contract, including specific contingencies, when reviewing offers. The more contingencies an offer contains, the riskier it is to accept the offer, as there are more ways it could potentially fall through. Work with your Realtor to negotiate a contract that benefits you and the buyer.

Need a Translator? We’ve Got You Covered

Allow us to handle all the details of selling your property, giving you more time to focus on finding and relocating to your new home. We’ll be there to guide you through every aspect of selling your home, from pricing it to signing the closing paperwork.

Give us a call today to get started.

The Most Popular Features in Multimillion-Dollar Properties

Ever wonder why some homes sell for millions of dollars? As different as each listing might be, many share a number of common features that are known to bolster home values.

If you’re on the hunt for your dream home, some of these features could be yours! Don’t worry about breaking the bank; prioritizing your wants and needs can help you determine which of these luxury features will fit your lifestyle and your budget.

Here are 5 features of multimillion-dollar homes you can get at affordable price tags.

In-Ground Pool

In-ground pool with small cabana and water slide.Who needs a neighborhood pool when you could have your own?

Imagine spending those warm summer days cooling off by your own private pool.

It’s not uncommon to see multimillion-dollar homes outfitted with gorgeous entertaining spaces, all centered around a luxurious in-ground pool—but many homes in lower price ranges also feature great backyard pool areas, too.

Expansive Outdoor Entertaining Space

It’s often said that your home’s exterior is equally as important as its interior. That’s why we’ve been seeing more and more multimillion-dollar listings with extensive outdoor entertaining spaces.

Common features of outdoor entertaining areas such as these include built-in barbecue grills, full bars, and spa-like outdoor amenities. Multimillion-dollar condos and townhomes might come with a huge private balcony complete with breathtaking views of nearby scenery.

In more affordable homes, outdoor entertaining spaces may consist of patios, porches, and, as we mentioned before, private pools.

Luxurious Master Bathroom

Oversized shower with tiling.At the end of a long day, nothing beats kicking back and relaxing in a spa-like master bathroom. It’s really no surprise that two of the top selling points for a home are the master bathroom and the kitchen.

Oversized glass-paneled showers are a must-have for multi million-dollar properties, as well as soaking tubs and stylish backsplash. Homes in lower price ranges may also feature stylish master bathrooms with upgrades like these.

Guest House or In-Law Suite

Commonly referred to as a “casita” or simply a guest house, this is a smaller dwelling separated from your main home.

Casitas are becoming more and more popular because of their versatility. Use them as a pool house, guest room, or even a source of low-maintenance rental income.

Wine Cellar

Wine cellar with glass bottles.The creme de la creme of luxury listings is… the wine cellar. You know you’ve made it when your home comes with its very own wine room.

Bonus points if your wine room comes with temperature-controlled shelving.

While more affordable homes may not come with wine cellars, you can still find homes with extra space for an excellent home theater, study, mini-library, or game room.

Your Dream Home Doesn’t Have to Break the Bank

In fact, if you budget correctly, you can find the perfect home for you that has a number of special features. Correct prioritizing is key here. So, if you really can’t picture life without that in-ground pool, it may mean you won’t get an extra-special master bathroom or guest house.

Need some additional help working out the details in your home search? We’re here to help. Simply give us a call today to get started finding the home that’s right for you.

beautiful spacious living room with floor to ceiling windows.

Why There Has Never Been a Better Time to Buy Real Estate in Wintergreen

If you’re in the market for a home with mountain views, and resort-style amenities then it is time to look into the real estate options in Wintergreen Resort.

Discover the luxury lifestyle this community has to offer, and find out why now is a great time to purchase a home in Wintergreen.

1. An Award-Winning Lifestyle in Wintergreen

tennis ball on a court with a net in the background.Wintergreen Resort has received numerous accolades throughout the years for their beautiful location, and four-season amenities. Some of the prestigious awards include Best Spa and Best Ski Resort award by Blue Ridge Country Magazine.

The resort also features top-rated tennis programs, which has received awards from Tennis Magazine and Tennis Resorts Online. Discover the rest of the award winning amenities that Wintergreen has to offer.

Want to be minutes from Wintergreen’s slopes and spas? Learn more about what Trillium Place has to offer.

2. Exciting Annual Events For All Ages

red, white, and blue fireworks at night.There’s always something new and fun to do when you live in Wintergreen. Celebrate holidays and special events with your family and friends year round in this bustling community.

You can kick off the Fall season with pumpkin carving or experience what Mardi Gras is like in the Virginia countryside! Wintergreen also celebrates holidays like the Fourth of July with dazzling fireworks, and the Christmas season with story time by Mr. and Mrs. Claus.

Searching for a condo with views of Devil’s Knob Golf Course? Explore what life is like in Stone Ridge!

3. Plenty of Real Estate Options To Choose From

real estate option in wintergreen with mountain views.Townhomes, condos, detached homes, attached homes, and buildable lots await you at Wintergreen Resort. With a variety of real estate options to call home, you are sure to find the perfect place to take in the beautiful  scenic views.

Many of these properties are even located on lots that are golf-front, ski-front, or right on the edge of an incredible mountain view. If you’re looking for a home that is maintenance free, Wintergreen offers that luxury amenity as well!

Desire a condo that is maintenance free? Enjoy a worry free lifestyle in North Ridge.

Enjoy Breathtaking Views Right Outside Your Door

As your Wintergreen Resort experts, we are more than happy to answer any questions you may have!

Whether you are considering buying a Wintergreen property or just want to look at available listingscontact us for any of your real estate needs. We look forward to guiding you to the perfect property that is just right for you.

mountain peak and range.

Why You’ll Love the Laurelwood Condos in Wintergreen, VA

Are you a fan of the mountains of Wintergreen, VA? Then you’re sure to fall in love with the condos of Laurelwood. These mountain chalet style condos are sure to speak to your inner mountain lover, with easy access to nearby Wintergreen slopes, trails, and attractions. Here are a few features you’re sure to love.

Close to the Slopes

skiier going down slope.You never have to go far to get to the incredible attractions of Wintergreen, VA. The Laurelwood condos are just minutes away from the Mountain Village, ski slopes, and The Market, which is located conveniently adjacent to the condos. Whether it’s running errands or enjoying the attractions of the resort, what you’re seeking is never far from your home in Laurelwood.

Gorgeous and Dependable

These homes are sure to impress! Built originally in the late 1970s and early 1980s, these homes are both fashionable and durable. The building’s exterior has been maintained over time, and many of the interiors of these condos have been updated to suit modern sensibilities and tastes. You’re sure to find stylish and dependable homes in Laurelwood.

A Great Investment

dinner table with plate, glass, and candle.As is the case with any Wintergreen condo building, you can’t go wrong when investing in a Laurelwood condo. Whether your Laurelwood property will serve as a vacation home or as a rental property, you will soon find that these properties are what dreams are made of. Whether you love to ski, hike, or take in gorgeous mountain vistas, you’re sure to find it in Laurelwood at Wintergreen.

Looking for a Vacation Home or Investment Property in Wintergreen, VA?

If you’re in the market for a vacation or investment property in Wintergreen, VA, it’s time to contact the experts. The Chase Team has an intimate knowledge of Wintergreen area and can help you with all of your buying needs. Contact us today to get started!

Where Would You Love to Own a Vacation Home?

Virginia’s award-winning Wintergreen Resort is comprised of two unique areas: the mountaintop community of Wintergreen and the valley community of Stoney Creek. Both offer an irresistible resort lifestyle and beautiful vacation properties.

There are, however, a few distinctions between their lifestyles and their real estate options. To help you decide where to purchase a vacation home or condo at Wintergreen Resort, let’s compare what each community has to offer.

The Lifestyle of Wintergreen vs. Stoney Creek

Both Wintergreen and Stoney Creek offer plenty of excuses to enjoy the fresh mountain air and Virginia’s four-season climate. However, each community has its own unique amenities, events, and activities.

The snow-covered ski slopes of Wintergreen Mountain with The Cliffs Condominiums to the right.

The Cliffs Condominiums

The Mountaintop

  • Elevation: 4,000 feet atop Devils Knob
  • Amenities: Devils Knob Golf Course, tennis center, shops and restaurants in The Mountain Inn, Wintergarden spa and fitness center, ski slopes and snow tubing park, Wintergreen Nature Foundation, hiking trails
  • Resort Events: Blues, Brews & BBQ Festival, 4th of July Jubilee, Harvest Fest, and more
View of a large lake with a beach in the summertime.

Lake Monocan

The Valley

  • Elevation: 700 feet
  • Amenities: Stoney Creek Golf Course, members-only pool and tennis courts, shops and restaurants in Valley Green Shopping Center, Lake Monocan, Rodes Farm Stables, hiking trails
  • Resort Events: Day at the Lake, Beach Olympics at Lake Monocan (4th of July Jubilee), Summer’s End Festival, and more

Wintergreen and Stoney Creek offer even more amenities than the ones we’ve listed here. View our interactive map below to find fun activities available in each community.


If you’d like to know more about the Wintergreen Resort lifestyle, check out our blog post detailing the differences between Wintergreen and Stoney Creek here.

Let’s Compare Wintergreen Resort Real Estate

Diamond Hill condos overlooking ski slopes at Wintergreen Resort.

Diamond Hill Condominiums

Wintergreen offers a plethora of condominium and townhome communities sprinkled throughout the mountaintop. Many of these communities are in ultra-convenient locations, so you can easily find ski-front condos, walk-to-ski condos, and golf-front condos.

However, Wintergreen does not have a wide selection of single-family homes. If you are looking for a house, though, be sure to consider homes for sale on Devils Knob Loop. These homes offer unrivaled views of the mountains and valley.

As for Stoney Creek, this community offers more single-family home options, including golf course properties and waterfront properties. The 55+ community of RoseWood Village offers new low-maintenance homes.

We’ll Help You Find the Perfect Property

A single-family home with a two-car garage on a mountaintop location in Wintergreen Resort.No matter what you’re searching for in a vacation home or condo, we’ll help you find the perfect property in your favorite community.

Find Wintergreen or Stoney Creek properties with your favorite features with our easy-to-use search options, or connect with us today to discuss your investment goals.