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  • Cathi & Ben Walter
  • Sales & Marketing Specialist, Realtor
  • 44530 San Pablo, Suite 101
  • Palm Desert, CA 92260
  • P: (760) 218 – 5752
  • F:
  • E: Cathi@DesertAreaHomeFinder.com
  • DRE# 01346930
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A Message From Cathi & Ben...

We hear similar stories repeated in different ways from our clients; At first, they look forward to stolen weekend's to golf & relax in the desert - they gradually discover they're crafting ways to spend more time here until it becomes clear, life just doesn't get any better than this."

Once that realization hit's, the process of change begins... We know what an extraordinary commodity your home is - buying or selling a home can be one of the most important decisions you will make and having the right team on your side will make the difference.

We specialize in homes throughout the Palm Springs Valley including Palm Desert Real Estate & Homes, Indian Wells Real Estate & Homes, La Quinta Real Estate & Homes, Rancho Mirage Real Estate & Homes, Palm Springs Real Estate & Homes& Indio Hills Real Estate & Homes. Whether you want to buy or sell an estate, lock & leave property with income potential, a resort property, land to build your dream home, or a property located in a country club or golf community we know the desert and are here to help. Our motto, If its important to you, it's important to us, guides us as we help our clients buy or sell a home in the desert.

Thank you for visiting DesertAreaHomeFinder.com, we hope you find our site helpful and we look forward to speaking with you it's easy, just click on the picture of a cell phone in the upper right corner of this web site and it will ring our cell phone directly.

Personal Messages

Hot Air Balloon Festival

HOT AIR BALLOON FESTIVAL
November 22 – 24 at Various Locations in Cathedral City and Rancho Mirage

Hot Air Balloon FestivalUP, Up and Away!  The Hot Air Balloon Festival and Food Truck Fiesta returns to the Desert for three days of fun!

Start the Hot Air Balloon Festival on Friday morning with the launch of up to 30 Hot Air Balloons.  Come early, and meet the balloon teams and take photos of the these magnificent balloons.  Take a Hot Air Balloon Ride and see the the Valley like you’ve never seen it before.

BALLOON GLOW CONCERT
Friday evening the Hot Air Balloon Festival features a dozen Night Illuminated Hot Air Balloons as a Back Drop for the Balloon Glow Concert.   Enjoy an spectacular evening of music, wine and dancing.  Featuring the big band sounds of Ron King with vocalist Barbara Morrison.

SUNRISE INFLATION
Come early Saturday to watch as the Balloons spring to life while being inflated. Enjoy a pancake breakfast and Balloon Race across the Valley and Candy Drop for the Kids.

TETHERED BALLOON RIDES
Too chicken to take a Hot Air Balloon Ride?  Not to worry at this year’s festival, you can take a tethered ride where the balloon floats up but stays tied to the ground. You get a Birds Eye View while staying at a low altitude.

BANANA BALLOON CANDY DROP
Bring the kids and watch a Giant Banana Balloon descend on the Festival Lawn. The kids can rush in to grab all the candy their heart desires.

FOOD TRUCK FIESTA
Enjoy delicious food and drink from many top southern California Food trucks and Beer and Wine Garden, and take a picture in our colorful walk through hot air balloon and Instagram garden.

While you’re in Cathedral City for the Balloon Festival, Check Out These Great Homes for Sale!  DesertAreaHomeFinder.com is your #1 Online Resource for Real Estate in the Desert!

Taxable vs Tax Deferred 1031 Exchange

1031 Delayed ExchangeInvestment Properties
1031 Exchange is a strategy used by real estate investors to defer capital gains taxes, and is allowed under IRS tax code 1031.

By using a 1031 exchange, an investor can defer paying capital gains taxes on an investment property when it is sold, as long as another “like-kind” property is purchased with the profit gained by the sale of the first property.

 

Traditionally, a 1031 exchange is
where1031 Exchange House Swap one property is literally
swapped for another property of like-kind. But finding someone that literally want’s your property and you want their property are pretty slim, so the delayed exchange is more common.

 

In a delayed exchange, you will need a middle-man who holds the cash for you after you sell your property.  they will use that money to buy the replacement property for you. This 3 party exchange is treated as a swap.

When you sell an investment property, even if you weren’t the one who initially purchased, you end up on the hook to pay capital gains tax.

If you’ve made some not so great investments, selling your investment can cost you more than you make.  But, if you own a rental property that’s worth significantly more today than what you purchased it for, you can make a come out ahead using this powerful strategy.  It’s an important tool for real estate investors, and has become a bulls-eye for tax reform evangelists.

However, the exchange rules require that both the purchase price and the new loan amount be the same or higher on the replacement property.

Example: An investor is selling a $500,000 single family home she’s using as an income property in the LA Area with a $400,000 loan. She wants to buy a multi-family home for income here in the Desert; the replacement property must be valued at  $500,000 or more with $400,000 or more leverage, (loan amount).

4 types of Real Estate Exchanges:

1031-Exchange-Simultaneous Swap1) Simultaneous Exchange – occurs when the replacement property and relinquished property close on the same day.  It is important to note that the exchange must occur simultaneously; any delay, even a short delay caused by wiring money to an escrow company, can result in the disqualification of the exchange and the immediate application of full taxes.

 

Three basic ways a Simultaneous Exchange can occur.

  • Swap or complete a two-party trade, whereby the two parties exchange or “swap” deeds.
  • Three-party exchange where an “accommodating party” is used to facilitate the transaction in a simultaneous fashion for the exchanger.
  • Simultaneous exchange with a qualified intermediary who structures the entire exchange.

 

2)Delayed Exchange – 1031 Delayed ExchangeThe most common type of exchange chosen by investors;  occurs when the Exchangor relinquishes the original property before acquiring the replacement property.  In this scenario, the investor has 45 days to identify the replacement property and 180 days to complete the sale of their new property.

Using this strategy, an investor has a maximum of 45 days to identify the replacement property and 180 days to complete the sale of their property. In addition to the numerous tax benefits, this extended time frame is one of the reasons the delayed exchange is so popular.

 

1031 Reverse Exchange3) Reverse Exchange – Also known as a Forward Exchange, occurs when you acquire a replacement property through an exchange accommodation titleholder before you identify the replacement property. Essentially, you buy first and pay later.  This type of exchange can be tricky because it requires all cash. Many banks won’t offer loans on reverse exchanges.  Taxpayers must also decide which of their investment properties are going to be acquired and which will be “parked.” A failure to close on the relinquished property during the established 180 day period that the acquired property is parked will result in a forfeit of the exchange.

The rules for a Reverse Exchange are similar with a couple of key differences.

  • Tax payers have 45 days to ID what property is going to be sold as “The relinquished property”
  • After the initial 45 days, taxpayers have 135 day to complete the sale of the identified property and close out the reverse 1031 exchange with the purchase of the replacement property.

 

1031-Under-Construction

 

4) Construction or Improvement Exchange
The taxpayer can use their tax-deferred dollars to enhance the replacement property while it is placed in the hands of a qualified intermediary for the remainder of the 180 day period.

It’s important to note that the taxpayer must also meet three requirements if they want to defer all of the gain (from the sale of the relinquished property) and instead use it as part of the construction or improvement exchange.

3 key requirements for a Construction or Improvement Exchange

  1. The entire exchange equity must be spent on completed improvements or as down payment by the 180th day.
  2. The taxpayer must receive “substantially the same property” that they identified by the 45th day.
  3. The replacement property must be equal or greater in value when it is deeded back to the taxpayer. The improvements must be in place before the taxpayer can take the title back from the qualified intermediary.

7 Primary 1031 Exchange Rules.
1) Like-kind Property
2) Investment or Business purposes only
3) Greater of equal value
4) Must not receive “Boot”
5) Same Tax Payer
6) 45 Day Identification  window
7) 180 Day Purchase Window

Check out this FAB Home in South Palm Desert for Great Rental Income

1031 exchange identify the houseWe hope your main take-away is; you too can end up with passive income from real estate.  But, it’s not easy for even the most seasoned real estate investor. Having the right team working for you will be important to set the stage properly.  We have a team of professionals that can help.  For more info, give us a call today – we’re happy to help.

Food Truck Mash-Up

 

Food Truck Mash-Up The popular event, Food Truck Mash-Upreturns to the Coachella Valley for the fourth time on Oct. 13 due to high demand. More than 60 different food choices from a culinary posse of more than a dozen celebrated food trucks — and their seasoned chefs — will compete for the title of Best Food Truck 2019 in the one-day-only gastro-fest.

To be sure, the Southern California chefs manning these vehicles aim to please. Their culinary creativity has helped fuel the growing popularity of the Food Truck Mash-Up scene in recent years, taking the gourmet food experience out of high-end restaurants and right onto the streets.

Food trucks provide customers with a broad and trendy selection of local flavors and the inclusion of celebrated chefs also enhance the overall experience. According to Business Wire, the introduction of food trucks into cities and at themed events is a critical factor in boosting market and tourism growth.

Food Truck Mash-Up

That should be great at the Food Truck Mach-Up at Big League Dreams Sports Park in Cathedral City, where nationally recognized food truck titansMess Hall Canteen and Cousins Maine Lobster will be on hand. Mess Hall is veteran-owned and winner of Food Network’s “Food Truck Face-Off.” Cousins was featured on ABC’s “Shark Tank.”

Meanwhile Mess Hall Canteen, the brainchild of Jake McPeck, goes for a military-theme and evokes a sense of camaraderie found between military men chowing down. The menu is robust with such items at War Pig Tots (a spicy mac-n-cheese over tots delight) and a Drunken Sailor Grilled Cheese, featuring lobster, crab, shrimp, bacon, cheddar cheese with cheddar cheese crust.

Food Truck Mash-Up

It didn’t hurt that Tselikis and real-life cousin/business partner Sabin Lomac had a winning ingredient to their food truck concept: Heart. The fellas basically recreated the signature lobster dishes they consumed while growing up in Maine.

“We are two cousins from back east and I think our story and the authenticity of our roots literally trying to recreate our childhood in our business really resonated with people,” Tselikis adds. Their Cousins for a Cause program donates 100 percent of its donations directly to Big Brothers Big Sisters.

Check out this property close by.

Palm Desert Golf Cart Parade 2019

Palm Desert Golf Cart Parade

Don’t miss the 55th Annual Palm Desert Golf Cart Parade when it steps off on El Paseo on the last Sunday in October. Pint-size floats, all built to interpret this year’s theme of “Let the Good Times Roll.” Since the early 1960s, this festive parade has been a favorite around town. And while it once had a “Christmas in July” theme, the Palm Desert Golf Cart Parade is now an annual – and highly anticipated  late October event.

With a full list of activities planned, including the Palm Desert Rotary Pancake Breakfast, a Golf Cart Show, a Kids’ Play Zone and more, families can experience an entire day of festive fun.

The parade itself starts on Sunday, October 27, 2018 at 12:00 p.m., and the parade route will follow El Paseo, westbound, from San Luis Rey to Ocotillo. Finding a place to park won’t be a problem since there are several parking lots and a parking structure in the area.

Palm Desert Golf Cart Parade

Palm Desert has upped its sponsorship of the annual Golf Cart Parade, allocating $40,000 to the chamber of commerce to hire a consultant and breathe new life into the city’s signature event. This year’s event marks the 55th Golf Cart Parade, which generally draws thousands to El Paseo for a Sunday of entertainment and activities. It also is an annual fundraiser for the Palm Desert Area Chamber of Commerce, which organizes the event.

“The Golf Cart Parade is part of the city’s identity” Jonathan said at Thursday’s meeting. “It’s all about having good fun that has a sense of humor, but also brings the community together. We urged the chamber to bring it up to the next level and I feel we have a responsibility to support that effort financially.”

Palm Desert Golf Cart Parade

It might look simple, but rolling a fleet of golf carts down El Paseo isn’t easy. “It’s kind of like the duck on the water,” Palm Desert Golf Cart Parade co-chairman Mike Hardin explains, “where you paddle underneath and it looks real smooth on top.” He and about 15 fellow committee members spend up to 10 months planning and executing the ever-growing event, which includes children’s activities, food trucks, and a classic car show. However, everyone is there for the main affair: delightfully decorated golf-cart floats.

The parade has been a Palm Desert institution for 55 years, beginning when residents at the Shadow Mountain Club decided to doll up their golf carts.

8:00 am – Rotary Pancake Breakfast

9:00 am – Family and Community Fun

 Kid Zone, Food Zone + Food Trucks

Golf Expo and a Variety of Vendors

Specialized Golf Carts, Classic Cars on Display 

10:00 am – Beer & Wine Garden

11:30 am – Classic Cars from Cruise Night El Paseo 

12 noon – Flyover by Palm Springs Air Museum Warbirds T-28’s

will kick off the 55th Annual Palm Desert Golf Cart Parade

Concerts in the Park Palm Desert

Concert at Civic Center Park Palm DesertConcert at Civic Center Park Palm DesertWhen the Sun drops behind the Mountains, and the Lights come up at  Palm Desert Civic Center Park Amphitheater, you know you’re in for a Delightful Evening of Music. Every Thursday in October is the Fall Concert Series – Concerts in the Park Palm Desert Civic Center Park. For the past 25 years, Palm Desert’s free Concerts in the Park series has been a “Can’t Miss” series of events for residents and visitors alike.  Some of the Top Named Artists are…..

 

Concerts in the Park Palm Desert Civic Center Park

October 3 – LA Sound Machine.  LA Sound Machine Concert Series Palm Desert Civic Center ParkThere’s a lot to look forward to this fall with plenty of favorite tunes inspired by bands we all know and love. The season kicks off with L.A. Sound Machine, the #1 Gloria Estefan and Miami Sound Machine tribute band on the West Coast, which will have the crowd up and dancing on the lawn to fan favorites like “The Rhythm is Gonna Get You,” “Turn the Beat Around,” “Don’t Wanna Leave You Now,” “Conga” and more!

 

Concerts in the Park Palm Desert Civic Center Park

October 10 Amanda Castro Jazz Band
Concert in the Park Amanda CastroThe second concert features the Amanda Castro Band. Jazz singer Amanda Castro’s rich voice, energetic charisma and fun personality helps her bring music of the past and present back to life in a vintage, but still modern fashion. Amanda fuses Vintage Jazz, New Orleans jazz, Swing and Pop songs into a new musical experience. 

 

 

 

 

Concerts in the Park Palm Desert Civic Center Park

October 17 90’s Rock Show Band
90s Rock Show Band - Concerts in the Park90s Rock Show Band - Concerts in the Park
Re-live your 1990’s memories with an evening of flannel-filled fun with a soundtrack of the greatest grunge, alt-rock, and 90’s pop-punk. Performed by world-class musicians, A FULL STRING QUARTET all surrounded in state of the art sound, lighting and multimedia. 90s ROCKSHOW performs ’90s alternative and grunge rock from Nirvana, Pearl Jam, Stone Temple Pilots, Green Day, Blink 182, Radiohead,  Smashing Pumpkins, Sugar Ray, Third Eye Blind, Red Hot Chili Peppers, REM, The Foo Fighters, Goo Goo Dolls, Oasis, and more.

 

Concerts in the Park Palm Desert Civic Center Park

The Pack Concerts in the Park Palm DesertOctober 24 The Pack
Direct from Las Vegas…The Pack! Tribute to Dean, Frank, and Sammy. Relive the laughs, the songs..and the Dames! All the hits, all the comedy and all the memories as our stars take you back to the music, style, glitz and glamour of vintage Vegas!

 

 

 

 

 

 

Concerts in the Park Palm Desert Civic Center Park

October 31 Dead Man’s PartyDead Mans Party Concerts in the Park Palm Desert

Dead Man’s Party, the Oingo Boingo tribute band has been bringing you Boingo tunes live – the way you remember them from actual 

Oingo Boingo shows – for more than 18 years. This 8-piece band has been fashioned after the original Oingo Boingo line-up, featuring a three-piece horn section, guitar, bass, keys, drums and a front man so convincing that people sometimes believe that they are actually watching Danny Elfman himself!

Walk to Civic Center Park and enjoy all the wonderful resident benefits only Palm Desert can offer;

  • 70 Acre Park with Lake
  • Wandering Pathways
  • Amphitheater for Outdoor Concerts and Movies in the Park
  • Playground with Splash Pads
  • 6 Tennis Courts, Pickle Ball Courts
  • 4 Volley Ball
  • 3 Basketball
  • 4 Baseball Fields
  • Fitness Center
  • 5 Picnic Pavilions
  • Skate Park
  • Dog Park
  • Rose Garden
  • Outdoor Art
  • $7 m Aquatic Center set on 8 acres

Wish you could be a Palm Desert Resident?  Check Out these great homes in Palm Desert   Call Cathi Walter (760) 218 – 5752 Today for More information about all the Communities of Palm Desert.

NHL Hockey Team in Palm Springs

Agua Caliente NHL Hockey Arena in Palm Springs

New Agua Caliente Arena in Palm Springs

NHL Hockey Team in Palm Springs by the end of 2021.  The American Hockey League announced Monday, the 32nd franchise was awarded to NHL Seattle and Oak View Group. Seattle’s developmental team will play at the new Agua Caliente Arena in Palm Springs.

 

AHL’s David Andrews said “Palm Springs has all the makings of an outstanding hockey market and will further strengthen the growing base of our sport in California.”

Check out all the FAB homes for sale in Palm Springs around the new  Arena!

We were very fortunate the Agua Caliente Tribe jumped in and joined us as partners. We’re also fortunate we found a piece of land that’s as good as you could possibly find to build an arena.  More than 100 people crowded into a small room inside the Palm Springs Convention Center to watch the official announcement of the new NHL Hockey Team in Palm Springs. Youth hockey players wore their jerseys and sat near the front row.

“On behalf of the AHL’s Board of Governors, I am thrilled to welcome the NHL Seattle and OVG ownership teams and the city of Palm Springs as the league’s 32nd franchise,” said the AHL’s David Andrews. “Palm Springs has all the makings of an outstanding hockey market and will further strengthen the growing base of our sport in California.”

 

NHL Hockey Team

“We always had a bit of an eye toward Palm Springs,” Tim Leiweke said. “Even at the beginning of the project, we were looking in Palm Springs and thought: One, an amazing point of destination market place. Two, a market place that for 30 years has been trying to find a sports team. And three, from a transportation standpoint and affordability standpoint and the ability to convince players and staff that they have to move here. This is a pretty good place to ultimately build a franchise.”

Agua Caliente Arena in Palm Springs

Agua Caliente Arena in Palm Springs

The $250 million project will break ground in early 2020 and open in the fall of 2021, the same time that Seattle’s NHL Hockey Team will begin play at their new arena at Seattle Center.

 

 

 

NHL Seattle General Manager Ron Francis will lead hockey operations for both organizations. The AHL says nearly 90% of today’s NHL players are American Hockey League graduates.

See more great things planned for the desert!

2019 Coachella Valley Golf Course Over Seeding Schedule

2019 Coachella Valley Golf Course Over Seeding Schedule

Coachella Valley Over Seeding ScheduleYIKES!  Are you waiting for the grass to grow while all the Coachella Valley Golf Courses close for Over Seeding?

 

 

 

 

Not to worry, we have the 2019 Coachella Valley Golf Course Over- Seeding Schedule here!

If you’re unfamiliar with the Phenomenon of our Desert Golf Course Over Seeding, here are the basics of what you will see happening on our local courses over the next couple of months.

2019 Coachella Valley Golf Course Over Seeding Schedule

Coachella Valley Golf Course Over Seeding Schedule for 2019

Currently, our local golf courses have warm-weather Bermuda grass on the fairways and tees and almost every course in the desert has some Bermuda on their greens.

Bermuda grass goes dormant and turns brown during the cooler winter months. So to keep the courses green and playable, they cut the Bermuda grass so short it’s mostly dirt, then spread tons of winter rye grass seed, add lots of water, and wait for it to grow. Golf Course Superintendents would prefer 4+ weeks of growth before turning out golfers. But the pressure to re-open as soon as possible during peak season, most courses will open with “cart path only” rules, within 3 weeks trying to limit the wear and tear on the new growth.   During the over seeding process and while waiting for the winter rye to take hold well enough to stand up to play, the courses will close during the grow-in period.

 

2019 Coachella Valley Golf Course Over Seeding ScheduleNo need to miss a day of great golf, here is the 2019 Coachella Valley Golf Course Over Seeding Schedule for most of the Golf Courses in Valley.

 

 

2019 Coachella Valley Golf Course Over Seeding Schedule –
PALM DESERT
See All Palm Desert Golf Course Properties HERE

Avondale Golf Club Over Seeding ScheduleAvondale Golf Club
Closes 10/1/19
Re-Opens for Golf 11/9/19

 

 

 

BIGHORN Golf Club Over Seeding ScheduleBIGHORN Golf Club
Mountains Course
Closes 10/7/19
Re-Opens for Golf 11/2/19

 

BIGHORN Golf Club – Canyons Course
Closes 10/7/19
Re-Opens for Golf 11/2/19

 

Chaparral Country Club Over Seeding ScheduleChaparral Country Club
Closes 9/22/19
Re-Opens for Golf 11/2/19

 

 

 

Classic Club Golf Golf Club Over Seeding ScheduleClassic Club
Closes 1/14/19
Re-Opens for Golf 11/16/19

 

 

 

Desert Falls Coutry Club Over Seeding ScheduleDesert Falls Country Club
Closes 10/7/19
Re-Opens for Golf 11/6/19

 

 

Desert Willow Golf Resort Over Seeding ScheduleDesert Willow Golf Resort
Firecliff
Closes 9/23/19
Re-Opens for Golf 10/25/19

 


Desert Willow Golf Resort – Mountain View

Closes 11/11/19
Re-Opens for Golf 12/26/19

 

Indian Ridge Country Club Over Seeding ScheduleIndian Ridge Country Club
Arroyo Course
Closes 9/23/19
Re-Opens for Golf  11/7/19

 

 


Indian Ridge Country Club – Grove Course

Closes 9/30/19
Re-Opens for Golf 11/7/19

 

Ironwood Country Club Over Seeding ScheduleIronwood Country Club
North Course
Closes 10/13/19
Re-Opens for Golf  11/15/19

 

 


Ironwood Country Club – South Course

Closes 10/2/19
Re-Opens for Golf  11/4/19

 

The Lakes Country Club Over Seeding ScheduleThe Lakes Country Club
All Courses: East, South, North
Close 10/6/19
Re-Opens for Golf 11/14/19

 

 

 

Marrakesh Country Club Over Seeding ScheduleMarrakesh Country Club
Closes 9/28/19
Re-Opens for Golf 11/8/19

 

 

 

Monterey Country Club Over Seeding ScheduleMonterey Country Club Over Seeding ScheduleMonterey Country Club
South Course
Closes 10/7/19
Re-Opens for Golf 11/11/19
West Course
Closes 10/14/19
Re-Opens for Golf 11/18/19

Monterey Country Club – East Course

Closes 9/30/19
Re-Opens for Golf 10/28/19

 

Oasis Country Club Over Seeding ScheduleOasis Country Club
Closes 9/23/19
Re-Opens for Golf 11/2/19

 

 

 

 

Palm Desert Country Club Over Seeding SchedulePalm Desert Country Club
Closes 9/22/19
Re-Opens for Golf 10/18/19

 

 

 

 

Palm Desert Greens Over Seeding SchedulePalm Desert Greens
Closes 10/7/19
Re-Opens for Golf 11/11/19

 

 

 

 

Palm Desert Resort Over Seeding SchedulePalm Desert Resort
Closes 9/15/19
Re-Opens for Golf 10/25/19

 

 

 

Palm Valley Country Club Over Seeding SchedulePalm Valley Country Club
Challenge Course
Closes 10/23/19
Re-Opens for Golf 11/20/19

 

 

 

Palm Valley Country Club – Championship Course
Closes 10/14/19
Re-Opens for Golf 11/16/19

 

Shadow Mountain Golf Resort Over Seeding ScheduleShadow Mountain Golf Resort
Closes 9/23/19
Re-Opens for Golf 11/23/19

 

 

 

 

Shadow Ridge Golf Resort Over Seeding ScheduleShadow Ridge Golf Resort
Closes 9/30/19
Re-Opens for Golf 10/26/19

 

 

 

Stone Eagle Golf Club Over Seeding ScheduleStone Eagle Golf Club
Closes 9/30/19
Re-Opens for Golf 11/8/19

 

 

 

Sun City Mountain Vista Golf Club Over Seeding ScheduleSun City Mountain Vista Golf Club
San Gorgonio
Closes 10/28/19
Re-Opens for Golf 11/25/19

 

 

Sun City Mountain Vista Golf Club – Santa Rosa
Closes 9/23/19
Re-Opens for Golf 10/28/19

 

Woodhaven Country Club Over Seeding ScheduleWoodhaven Country Club
Closes 10/6/19
Re-Opens for Golf 11/9/19

 

 

_________________________________________

2019 Coachella Valley Golf Course Over Seeding Schedule –
INDIAN WELLS

See All Indian Wells Golf Course Properties For Sale HERE

Desert Horizons Country Club Over Seeding ScheduleDesert Horizons Country Club
Closes 9/23/19
Re-Opens for Golf 11/9/19

 

 

 

Eldorado Country Club Over Seeding ScheduleEldorado Country Club
Closed for Summer
Re-Opens for Golf 11/1/19

 

 

 

Indian Wells Country Club Over Seeding ScheduleIndian Wells Country Club
Classic Course
Closes 10/7/19
Re-Opens for Golf  11/8/19

 

 

Indian Wells Country Club – Cove Course
Closes 9/23/19
R-Opens for Golf  10/26/19

 

The Reserve Club Over Seeding ScheduleThe Reserve
Closes 9/18/19
Re-Opens for Golf 11/8/19

 

 

 

Toscana Country Club Over Seeding ScheduleToscana Country Club
South Course
Closes 9/30/19
Re-Opens for Golf  11/9/19

 

 

Toscana Country Club – North Course
Closes 9/30/19
Re-Opens for Golf  11/9/19

 

Vintage Club Over Seeding ScheduleVintage Club
Closes 9/16/19
Re-Opens for Golf  11/8/19

 

 

 

Indian Wells Golf Resort Over Seeding ScheduleIndian Wells Golf Resort
Players Course
Closes 9/23/19
Re-Opens for Golf 10/12/19

 

 

 


Indian Wells Golf Resort – Celebrity Course

Closes 10/14/19
Re-Opens for Golf 11/1/19

_______________________________________

2019 Coachella Valley Golf Course Over Seeding Schedule –
LA QUINTA

See ALL La Quinta Golf Course Properties For Sale HERE

Andalusia Golf Club at Coral Moutain Over Seeding ScheduleAndalusia Golf Club at Coral Mountain
Closes 9/30/19
Re-Opens for Golf 11/8/19

 

 

 

Citrus Club Over Seeding ScheduleCitrus Club
Closes 9/30/19
Re-Opens for Golf 10/31/19

 

 

 

 

Golf Club at La Quinta Over Seeding ScheduleGolf Club at La Quinta
Closes 9/23/19
Re-Opens for Golf 11/4/19

 

 

 

Hideaway Golf Club Over Seeding ScheduleHideaway Golf Club at La Quinta
Pete Dye Course
Closes 9/23/19
Re-Opens for Golf  11/9/19

 


Hideaway Golf Club at La Quinta – Clive Clark Course

Closes  9/30/19
Re-Opens for Golf  11/16/19

 

La Quinta Country Club Over Seeding ScheduleLa Quinta Country Club
Closes 10/1/19
Re-Opens for Golf  11/8/19

 

 

 

La Quinta Resort and Club Over Seeding ScheduleLa Quinta Resort and Club
Dunes Course
Closes 9/23/19
Re-Opens for Golf  10/17/19

Mountain Course
Closes 10/22/19
Re-Opens for Golf  11/15/19

 

 

Mountain View Country Club Over Seeding ScheduleMountain View Country Club
Closes  9/30/19
Re-Opens for Golf 11/6/19

 

 

 

 

The Palms Golf Club Over Seeding ScheduleThe Palms Golf Club
Closes 9/16/19
Re-Opens for Golf 11/14/19

 

 

 

PGA West Resort Over Seeding SchedulePGA West Resort Courses – Public
Nicklaus Tournament Course
Closes 9/30/19
Re-Opens for Golf 10/25/19

Greg Norman Course
Closes 10/28/19
Re-Opens for Golf 11/22/19

PGA West Resort – TPC Stadium Course
Closes 10/7/19
Re-Opens for Golf  11/1/19

 

Club at PGA West Palmer Over Seeding ScheduleThe Club at PGA West – Private
Nicklaus Private Course
Closes 9/23/19
Re-Opens for Golf  10/25/19

Palmer Course
Closes 10/18/19
Re-Opens for Golf  11/19/19

 

 

The Club at PGA West – Private – Weiskopf Course
Closes  9/16/19
Re-Opens for Golf  10/18/19

 

Madison Club Golf Course Over Seeding ScheduleThe Madison Club
Closed for Summer
Re-Opens for Golf 11/13/19

 

 

 

The Quarry at La Quinta Golf Course Over Seeding ScheduleThe Quarry at La Quinta
Closes  9/30/19
Re-Opens for Golf  11/8/19

 

 

 

 

Rancho La Quinta Country Club Golf Course Over Seeding ScheduleRancho La Quinta Country Club
Jones Course
Closes 10/7/19
Re-Opens for Golf  11/9/19


Rancho La Quinta Country Club – Pate Course

Closes 9/30/19
Re-Opens for Golf  11/9/19

Silver Rock Resort Golf Course Over Seeding ScheduleSilver Rock Resort
Closes 10/7/19
Re-Opens for Golf  11/5/19

 

 

 

Tradition Golf Club Golf Course Over Seeding ScheduleTradition Golf Club
Closes 9/28/19
Re-Opens for Golf  11/16/19

 

 

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2019 Coachella Valley Golf Course Over Seeding Schedule –
PALM SPRINGS

See All Palm Springs Golf Course Properties HERE

Escena Golf Club Overseeding Schedule 2019Escena Golf Club Palm Springs
Closes for Over Seeding  – 9/30/19
Re Opens for Golf – 11/1/19

 

 

 

 

 

Mesquite Golf and Country Club Over Seeding Schedule

Mesquite Golf and Country Club
Information not available

 

 

 

 

Seven Lakes CC Over seeding Schedule

Seven Lakes Country Club
Closes for Over Seeding 9/11/19
Re-Opens for Golf 10/31/19

 

 

Tahquitz Creek Golf Resort Over Seeding Schedule

Tahquitz Creek Golf Resort
Legend Course

Closes 10/12/19
Re-Opens for Golf 11/12/19
Resort Course
Closes 9/9/19
Re-Opens 10/12/19

 

O'Donnell Golf Club Over Seeding ScheduleO’Donnell Golf Club
Closes 9/30/19
Re-Opens for Golf 11/1/19

 

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2019 Coachella Valley Golf Course Over Seeding Schedule –

RANCHO MIRAGE

See ALL of the Golf Course Homes for Sale in Rancho Mirage HERE

Mission Hills Country Club Golf Course Over Seeding ScheduleMission Hills Country Club –
Dinah Shore Tournament Course

Closes 10/14/19
Re-Opens for Golf  11/10/19

Mission Hills Country Club – Palmer Course
Closes  10/2/19
Re-Opens for Golf  11/4/19
Mission Hills Country Club – Pet Dye Course
Closes 10/31/19
Re-Opens for Golf  11/29/19

 

The Club at Morningside Golf Course Over Seeding ScheduleThe Club at Morningside 
Closes  9/23/19
Re-Opens for Golf  11/7/19

 

 

 

Omni Rancho Las Palmas Golf Course Over Seeding ScheduleOmni at Rancho Las Palmas
North Course

Closes
Re-Opens for Golf

South Course
Closes
Re-Opens for Golf

Omni at Rancho Las Palmas – West Course
Closes
Re-Opens for Golf

 

The Springs Country Club Golf Course Over Seeding ScheduleThe Springs Country Club
Closes 9/29/19
Re-Opens for Golf  11/7/19

 

 

 

Sunrise Country Club Golf Course Over Seeding ScheduleSunrise Country Club
Closes  10/1/19
Re-Opens for Golf  11/8/19

 

 

The S at Rancho Mirage Golf Course Over Seeding Schedule

The S at Rancho Mirage
Closes 9/29/19
Re-Opens for Golf  11/8/19

 

Tamarisk Country Club Golf Course Over Seeding ScheduleTamarisk Country Club
Closes 10/1/19
Re-Opens for Golf  11/1/19

 

 

Thunderbird Country Club Golf Course Over Seeding ScheduleThunderbird Country Club
Closes 9/30/19
Re-Opens for Golf 11/1/19

 

 

 

Westin Mission Hills Pete Dye Golf Course Over Seeding ScheduleWestin Mission Hills
Pete Dye Course
Closes 10/12/19
Re-Opens for Golf  10/31/19

Gary Player Course
Closes  11/1/19
Re-Opens for Golf  11/21/19

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2019 Coachella Valley Golf Course Over Seeding Schedule –
INDIO

See ALL of the Golf Course Homes for Sale in Indio HERE

Heritage Palms Golf Club Golf Course Over Seeding ScheduleHeritage Palms Golf Club
Closes 9/29/19
Re-Opens for Golf  11/1/19

 

 

 

Indian Palms Country Club Golf Course Over Seeding ScheduleIndian Palms Country Club – Three Nine’s 
Rotating – 18 Holes Always Open

 

 

 

 

Big Rock at Indian Springs Golf Course Over Seeding ScheduleBig Rock Golf Course at Indian Springs  
Closes 10/13/19
Re-Opens for Golf   11/6/19

 

 

 

 

 

Golf Club at Terra Lago Golf Course Over Seeding ScheduleGolf Club at Terra Lago
South Course
Closes 9/6/19
Re-Opens for Golf 10/12/19

 

Golf Club at Terra Lago –
North Course
Closes 10/13/19
Re-Opens for Golf  11/8/19

 

Platation Golf Club Indio Over Seeding Schedule

Plantation Golf Club
Closes 9/23/19
Re-Opens for Golf  11/15/19

 

 

 

 

Shadow Hills Golf Club Golf Course Over Seeding ScheduleShadow Hills Golf Club
Closes 10/7/19
Re-Opens for Golf  11/1/19

 

 

 

 

 

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2019 Coachella Valley Golf Course Over Seeding Schedule –
BERMUDA DUNES

Bermuda Dunes Country Club Golf Course Over Seeding Schedule

Bermuda Dunes Country Club
Closes  9/30/19
Re-Opens for Golf  11/4/19

 

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2019 Coachella Valley Golf Course Over Seeding Schedule –
CATHEDRAL   CITY
See ALL of the Golf Course Homes For Sale in Cathedral City HERE

Desert-Princess-Country-Club Golf Course Over Seeding ScheduleDesert Princes Country Club
Closes 9/29/19
Re-Opens for Golf  11/1/19

 

 

 

 

Cathedral Canyon Golf Club Golf Course Over Seeding ScheduleCathedral Canyon Country Club
Closes
Re-Opens for Golf

 

 

 

 

Cimarron Golf Resort Golf Course Over Seediing ScheduleCimarron Golf Club
Closes
Re-Opens for Golf

 

 

 

 

The Coachella Valley is home to some of the Top Rated Golf Courses in the Country and the lifestyle is second to none.

We specialize in Golf Resort Properties, if you’ve been thinking about buying a Golf Get Away, we have the property for you.
Call Today for our Golf Resort Property Best Buy List!  (760) 218 – 5752

Cathi and Ben Walter - DesertAreaHomeFinder

 

 

Buying or Selling a Home with Solar Panels

Buying or Selling a Home with Solar Panels

Buying or Selling a Home with SolarMore than a 12 million homeowners across the U.S. added solar systems to their homes in 2018.  As solar systems have become more efficient and less expensive, they’ve become more popular with homeowners.

 

 

If you’re Buying or Selling a Home with Solar Panels, there are unique benefits and challenges you will want to know about

If you’re Buying or Selling a Home with Solar Panels how do you determine what value the solar system adds to the sale price?  In a recent study from Lawrence Berkeley National Labs, a research lab affiliated with the DOE, they found homes with solar sell for 4.1% more than homes without solar systems. The study found that home buyers are willing to pay a premium for systems that are owned.

The same is not true for leased solar systems. The home value premium only applies to homes with “host-owned” PV,(aka photo voltaic systems).  In other words, if you own your solar system vs leasing the panels from a solar company.

The study also found, just because you spend more on a larger PV system, the premium on the resale value may not scale to match the investment. Smaller systems for more modest homes return a higher margin on the investment when the home hits the real estate market.

When weighing the cost vs the benefit – the determining factor will be the ROI, how long it takes to recoup the hefty up-front investment. Through energy savings, tax credits, and the potential increase in your home’s value at time of sale.

There are many factors that influence a solar system’s true value, including the age, size, and power output of the system. No two solar systems are alike, which is why appraisers need to value each system independently.

One of the biggest gotchas of buying or selling a home with a rooftop solar system has to do with who owns the system and that depends how the system was purchased.

There are for ways to purchase solar panels:
Cash Purchase, Loan, Lease or Power Purchase Agreement. 

Buying or Selling a Home with SolarCash Purchase
Homeowners who purchase a solar system outright with cash own the system. That’s the simplest scenario in a real estate transaction. A solar system purchased outright is considered “real property,” in real estate parlance, or a fixture of the home, and can therefore be appraised as part of the home’s value.

 

Buying or Selling a Home with SolarLoan
The same applies to a system that was purchased with a loan that has since been paid in full. That system belongs to the homeowner. If, however, the homeowner is still making payments toward a loan, ownership will depend on the contract the homeowner signed with the lender. Most lenders allow the homeowner to claim ownership while they make payments. These systems can be appraised as part of the home’s value.

Other lenders may place either a lien or UCC-1 Filing (part of a legal set of rules that allow creditors to secure assets as collateral in the event of default by claiming third-party ownership) on the system. UCC-1 filings are technically not liens, but are often treated by title companies as a lien. If the system is secured with a lien or UCC-1, the lender may claim ownership of the system, which may therefore impact whether or not the system can be included in the appraised value of the home. Appraisal practices and underwriting guidelines continue to evolve as rooftop solar becomes more common, so be sure to work with your lender and title company to understand the specific guidelines in your area.

It’s also worth mentioning that sellers are on the hook to pay off any loan tied to a property prior to a sell. Solar is no different. Sellers are ultimately responsible for paying off their loan obligation as part of the sale or through other means if the buyer is not willing to take over the loan, and may want to adjust their asking price accordingly.

Buyers who are willing to take over the loan on the solar energy system will need to qualify concurrently for both a mortgage and a loan for the system, which may affect their debt-to-income ratio.

Buying or Selling a Home with SolarPower Purchase Agreement, (PPA) or Lease
Under a Power Purchase Agreement or Lease, the homeowner pays for the right to use the system for a specified period of time, but does not actually own the system. The system is owned by the solar provider, who typically places a UCC-1 Filing against the system as described above. Systems financed in this way are owned by a third party (not the homeowner) and cannot contribute to the appraised value of the property.

Sellers with a solar system obtained through a Power Purchase Agreement or lease must either transfer their systems to their new residence or “buyout” their contract. The specifics vary by solar provider, so be sure to read your contract.

Buyers looking to purchase a property with either of these types of agreements should obtain a copy of the solar contract tied to the property and decide if they are willing to take the contract. This process may add to the timeline, but may be worth the effort. Power Purchase Agreements and solar leases are a way to take advantage of the benefits of solar with little or no up-front costs. The rates are typically lower and fixed for a specified term.

BRINGING IT ALL TOGETHER

Buying or Selling a Home with Solar

Buying or Selling a Home with Solar Panels – Tips for Buyers

  • If buying a home with a solar system is high on your wish list, make sure your agent knows that.
  • Work with agents, lenders, and title companies trained or at least familiar with rooftop solar whenever possible.
  • Ask your agent or title company to check if a UCC-1 Filing (a lien) has been placed on the system. If there is, you will need to work with your agent, title company, solar provider, and the property owner to determine how you will negotiate the UCC-1 Filing as part of the deal.
  • If the system is tied to a Power Purchase Agreement or a lease, make certain you understand the risks and obligations of the contract before taking it over. You can also request the system be removed by the seller as part of the deal, assuming the seller is in a position to do so.
  • If the seller is still making payments on the loan for the solar energy system, work with your agent to decide if you will take over the loan or ask the seller to pay off the loan as part of the deal. Remember, if you intend to take over the loan, you must qualify for both the solar loan and your mortgage.
  • Ensure the appraiser accurately accounts for the value of the system. The appraisal validates the system’s value should you need to sell the property in the near future.
  • Allow extra time in your purchase contract for the closing date.  There can be a lot of moving parts when trying to completely understand the details, negotiate who will pay, etc

If you have solar installed on your Desert home and unsure how the solar impacts the value of your home for the current real estate market, give us a ring – we’re happy to help.

Buying and Selling a HomeBuying or Selling a Home with Solar Panels – Tips for Sellers

  • Work with agents, lenders, and title companies trained or at least familiar with rooftop solar whenever possible.
  • Get a jump start on the process, collect all of your system’s documentation together, along with 4 – 6 months of your most recent electric bills, and share those with your agent.
  • If you acquired your solar system through a Power Purchase Agreement, a Lease, or through a Loan; check to see if there is a UCC-1 Filing placed on the system. If there is, work with your agent,  title company, solar provider, and the buyer to determine the best way to negotiate the UCC-1 Filing as part of the deal.  Rarely, but possibly, the solar provider or finance company may be willing to provide a “subordination agreement”.  Taking 2nd position behind a 1st mortgage, if the buyer is willing to take over the contract.  This would be an exception not the rule.
  • If you’re still under contract with a Power Purchase Agreement, or Lease, or if you are still making loan payments be prepared to buy out your contract if the buyer is not willing to take ownership of the contract.  If the market is strong, you may be able to adjust your asking price to account for the added expense or search for a buyer willing to take the contract.
  • Ensure the appraiser accurately accounts for the value of the system. Remember, $0 valuations must be supported with sufficient evidence.
  • Chances are, potential buyers aren’t looking at your house just because of the solar panels and people unfamiliar with solar panels won’t know about the added value, so it’s important for you and your agent to explain this value. The appraisal can help with that, but a knowledgeable real estate agent will be an important part of this.  Be prepared to share past electric bills to demonstrate the savings you enjoy as a result of your solar energy system.

If you have solar installed on your Desert home and unsure how the solar impacts the value of your home for the current real estate market, give us a ring – we’re happy to help.

Final Thoughts
Buying a home with Solar, or installing solar on your home is generally a sound investment; If you live in your home for the duration of the warranty, you can expect a grid tie system to pay for itself 2-3 times over. With tax breaks and energy savings.

Even if you decide to move before the warranty is up, you still come out ahead. The value of the system can translate into a higher sale price when your home hits the market. That premium is typically enough to cover the cost of the hardware; which is a break even on the solar investment.

If you’re looking at purchasing a home with solar, and not sure what the price premium actually is, give us a ring we’re happy to help.

Star Party at Joshua Tree National Park

JoshuaTree-night sky festivalNight Star Festival – Celebrate Fall Equinox with a Star Party at Joshua Tree National Park, September 21, 2019.

This year’s Night Star Festival Star Party will include at least 20 Telescopes, Music, Constellation Tours and Sky Stories.

Daytime activities include astronomy lectures, photo booth, educational tables and youth crafts, along with solar viewing, nature walks, and tours of the model solar system (the “orrery”) at Sky’s the Limit.

Joshua Tree National Park is proud to have recently been designated as an International Dark Sky Park at the Silver Tier level by the International Dark-Sky Association (IDA).

The night sky is a glittering dome peppered with stars, planets, and passing meteors—but most people no longer get to see it. In urban and suburban settings, artificial lighting and atmospheric pollutants wash out the light of the stars. This is a serious loss. For millennia, our ancestors experienced a dark night sky. Cultures around the world told stories about the constellations and used the stars as a calendar. Only for the past few generations have humans been denied the chance to stand in awe of the heavens. Boasting some of the darkest nights in Southern California, Joshua Tree National Park offers many visitors the chance to admire the Milky Way for the first time in their lives.

On a clear, moonless night, you should have no problem viewing the stars from anywhere in the park. However, light pollution from surrounding communities does impact Joshua Tree’s night skies, so some areas of the park are darker than others.
The park strives to be a refuge for those who want to experience a naturally dark night sky.

 

Extreme Golf at the Pioneer Pass Golf Challenge

Extreme Golf at The Pioneer Pass Golf Challenge

Extreme Golf at Pioneer Golf ChallengeEver play golf down the side of a Mountain with a four-wheel drive vehicle as your golf cart?  This is your chance in the 2019 Pioneer Pass Golf Challenge. Beat the desert heat, take in some great scenery, meet a few new friends and have tons of fun!  Tee it up this Saturday for the 60th annual Extreme Golf at the Pioneer Golf Challenge. 

 

 

 

This quirky, obscure sporting event continues a tradition that started in 1959.

Pioneer Pass Golf Challenge

The Pioneer Pass Golf Challenge is a two day tournament – Hawk’s Landing Golf Course in Yucca Valley, is the starting point.

No, the players don’t actually hoof it, players caravan up the mountain in four-wheel drive vehicles to Big Bear. Each hole is set up at different spots along Pioneer Pass – the four wheel drive vehicle’s are your golf cart’s for this challenge.

After completing each hole, golfers pile into trucks for the drive to the next “tee.”

Golfers are required to bring their own “spotters.” These good sports stake out a place somewhere down the “fairway,” and watch for flying golf balls. Not an easy job, as virtually the entire course is played in the rough.  The nine-hole event covers about 30 miles, takes players though rugged mountain terrain before dropping down into Yucca Valley.

Pack your four wheel drive vehicle, grab a spotter with a good pair of binoculars and hit the links for a wacky day of Extreme Golf at the Pioneer Pass Golf Challenge.  Wondering how you could possibly sink a tiny golf ball in a hole on the side of a mountain? Not to worry, each hole is about 20′ in diameter and played mostly along the dirt road that brings you down the mountain.

Your 2nd round is a little easier on Sunday, with an 18 hole Scramble played at The Hawks Landing Golf Course in Yucca Valley.

Pioneer Pass Golf Challenge ewspaper ArticleThis event was originally organized to help raise funds to build a paved road between the two towns.  The pioneers of this extreme golf event, assisted by Marines from the Twentynine Palms base, met on the mountain in the 1950’s with shovels and other equipment to carve out the proposed road. The golf challenge was created as a promotional event to draw attention to the road concept.

The back-road between the towns is still unpaved, but the Pioneer Pass Golf Challenge continues 60 years later.

 

 

Get In Touch

  • Cathi & Ben Walter
  • REALTOR ®
  • 44530 San Pablo, Suite 101
  • Palm Desert, CA 92260
  • P: (760) 218 – 5752
  • E: Cathi@DesertAreaHomeFinder.com
  • CalBRE# 01346930

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