The Kolb Team Newsletter – July 2019
As you might expect, it is smokin’ hot in Arizona! Monsoon season has kicked in and hopefully we have more rain than dust this year! You might wonder what we look forward to in Arizona this time of year. Well, for one thing it is corn season! With a team full of mid-westerners, we love our corn. Iowa corn is some of the best, but we also love Olathe that comes out mid to late July! It is also that time of the year when we start anticipating the arrival of snowbirds. Some start back in September, and by the end of October most are back for another fun-filled Sun Lakes season.
There are plenty of things going on in Sun Lakes, including a great line up of Billboard Concerts. September 6th is Fleetwood Mack and October features Return to Woodstock, Steve Torme, Aretha Franklin and The Everly Brothers. See all concerts and ticket info at https://OakwoodTickets.com
Real estate normally slows some in the summer, but once again we are seeing quite a bit of activity. Our buyers are hoping to see more inventory, and as of July 1, only 70 homes were actively listed for sale out of nearly 10,000 Sun Lakes homes. We have closed 60 homes through the first of July and have several more under contract. If you know of anyone that may be considering selling a home, please let us know. We likely have buyers in the wings.
Mid-August marks the annual Keller Williams Mega Camp in Austin, Texas. Becky and Trish will attend on behalf of The Kolb Team to learn about the newest and latest real estate trends, technology and how KW is responding. As a leader in technology, KW equips us with the best resources and tools for our clients to have the absolute best buying and selling experience. We look forward to sharing some information with you next month.
We wish you a safe and happy Independence Day! Let us know if we can help you in any way this summer!
Giving Back to The Community
As part of our desire to give back to the community, we have partnered with Barnet Delaney Perkins to offer (FREE OF CHARGE) a seminar on eye care. An RSVP is required as we are serving light snacks. See the information below and reserve your spot today!
The Origin of Pickleball
With a homegrown summer game that involved using a large “ping pong like” paddle to launch a wiffle ball over a net it’s no wonder that a ball retrieving spaniel named Pickles happily spent the day chasing after all the “stray” balls that missed the badminton court. “Bring the ball back Pickles!” soon became “Pickles…..ball!” and finally, with the constant commands to an over enthusiastic pup, the unique name of the game was formed…….’Pickleball’.
It all started one fateful day at a cabin on Bainbridge Island, Washington. The kids were bored, and out of desperation, their parents suggested they take a paddle and a ball and head to the old beaten up badminton court. Using some random paddles, the torn badminton net and a wiffle ball, the adults put their heads together and made up rules for a game to entertain the kids.
The kids had fun with it, but the adults had even more fun! They were excited about their new game based on tennis, badminton and ping pong, so things quickly evolved. Rules got more concise, net height and paddle shape and size were determined, and scoring ideas were debated.
As one of the fastest growing sports in the U.S., it’s no wonder the Sun Lakes communities have embraced this highly competitive and entertaining pastime!
Offering Strategies for Buying a Home
Would You Like a Free Buyer Guide or a Seller Guide?
In Arizona, our purchase contract contains a CURE clause. When one party fails to perform (or breaches the contract), a cure notice can be issued. The breaching party has 3 days in which to cure the breach or they forfeit their earnest money and can sue for damages.
An example is a buyer whose lender is not able to fund the loan in a timely manner to close. The buyer is required to notify the seller (through their agents). Every attempt is made by the agents to move the process along, but sometimes it is out of everyone’s hand except for the lender. The seller can extend the closing date if desired, or they can issue a cure notice. If the buyer fails to close on time after the cure notice has been issued, the buyer will forfeit their earnest money.
Conversely, a seller can breach. An example would be the seller decides they are not going to sell. The buyer has already paid for the inspections, appraisal and possibly incurred costs to move. The buyer can issue a cure notice and if the seller does not follow through with selling, the buyer may file a lawsuit for damages. We make it a practice to know the contract and help our clients through the process. As much as we want everything to flow smoothly, some things are out of our hands and that’s one more reason to use an experienced real estate agent.
For more information, just email us at firstname.lastname@example.org.
Things to Do in The Summer
Tubing down the Salt River is an Arizona tradition. Salt River Tubing (Salt River Recreation) is the company that most people use to tube on the Lower Salt River.
Park your vehicle, take a bus to a higher elevation of the river, rent inner tubes, and float down the river. Tubing will be open seven days per week through Labor Day. Operating hours are 9 a.m. to 6:30 p.m. After Labor Day, tubing is usually offered Fridays, Saturdays, and Sundays through the end of September.
“We were referred to The Kolb Team by friends who moved to Sun Lakes. They raved about the team and they were right. They absolutely exceeded our expectations. We were in the process of selling a house in Washington State and bought the Sun Lakes house sight unseen.
The Kolb Team went out of their way to measure spaces, suggest inspectors, contractors, and so much more. They were very responsive to all our questions and concerns. Because of their attention to detail, we had a seamless transaction. When we arrived at our new house, they were waiting with the air conditioner running and a refrigerator full of goodies to greet us. Not only do I consider that team a realtor extraordinaire but also lovely friends."
Real Estate Update
Quarterly we publish a Sun Lakes real estate market update. We have just completed our semi-annual update that includes January – June 2019.
Use the link below to see what sold last month. The report is broken down by HOA, address and floor plan (if the agent listed the model in MLS).
And, as always, if you or someone you know is considering buying or selling a home, we are here year-round and would love to help! Visit us online at TheKolbTeam.com or call 480-440-0849