About Sandpoint's Dover

Dover Bay Waterfront Resort has selected a core team of Real Estate Agents to represent most of its property sales, including Bayside South condos, Parkside Bungalows, Cabins in the Woods, Cottages at Dover Meadows, Bayside North and Reedwalk Homesites. This new team is comprised of myself, PJ Nunley, Carrie LaGrace, and Brian Harvey, all with Jeff Bond's team at Tomlinson Sandpoint Sothebys International Realty.

TSSIR has and will continue to be the Listing Broker for all Dover Bay real estate transactions. This change has simply reduced the number of Listing Agents on the Dover team. And rather than having two agents responsible for different neighborhoods, the four of us now form a core team sharing equally in the responsibility for all listings.

What this means for the customer and for Dover Bay property owners ...

1) Easier to form relationships with the Dover sales team, as all of us will have our primary offices at the Dover Discovery Center

2) A team approach means we all work together to help our customers. So if one of us is unavailable there should always be someone to help out at the time the customer wants assistance.

3) We are all experts on Dover Bay and all the real estate products offered. This eliminates the need for a customer (or another Agent) to be passed along to several people to get the help they need.

Any outside Real Estate Agents, Property Owners, or interested parties will also be able to call on any of the four of us for help with all of the above listings. We will work closely together to ensure an excellent experience for anyone interested in Real Estate at Dover Bay.

To meet the new Dover Bay team, stop by the Discovery Center at the entrance to Dover Bay or call our office at 208-265-0627.

For the latest information on Dover Bay, visit the Dover website at http://www.DoverBayIdaho.com as well as my site at http://www.SandpointResortRealty.com.

Dover Bay Resort is now offering incredible finance incentives for standing inventory, to anyone who initiates a Purchase offer before October 1. Dover Bay has worked with Mountain West Bank to create this opportunity, with rates that really provide an exceptional savings. However this is a short term offer that applies to any Purchase & Sale agreements that are initiated by October 1.

For conforming loans (up to $417,000) the following rates are being offered: 3% Interest Rate for year 1, 4% Interest Rate for year 2, and 5% for years 3 through 30. This is based on excellent credit, 10% down, and a primary residence purchase. Second home purchases however should be much the same, except for potentially requiring 5-10% additional down payment. For a Bayside South condo priced at $388,000, your payments would be as follows: $1472/month in year 1, $1667/month in year 2, and $1875/month for the balance. No funny business with these loans- simple 30 yr fixed, but with Dover Bay negotiating what amounts to a 'rate buydown' for its purchasers.

Special finance packages at Dover Bay are also being offered on Jumbo loans (loan amount over $417,000) as well as Home Site Loans. The Jumbo mortgage market has been particularly challenging in the past year because of the lack of a secondary market to purchase these loan funds, and rates have typically been at least 7%. Dover Bay's offer will provide a 5% rate for year 1, 6% for year 2, and 7% thereafter with just 10 to 20% down. Home site loans will be offered with 25% down on a 20 year loan with 5 year call, at 7.5%. Of course all of these rates are subject to change based on market conditions.

For those people who have been sitting on the fence waiting for the right time to purchase the perfect home, this should provide the motivation for many to jump! Coupled with new pricing on the Cabins in the Woods, new floor plans and aggressive pricing for the Cottages and Parkside Bungalows, this is probably the best buying opportunity in the history of Dover Bay.

Signs have been pointing to a real estate market recovery, both nationally and locally in the Sandpoint area. Many don't realize that our market in Bonner County has actually been trending downward going into its 5th year, which is typically the longer end of down market cycles. The price per unit is definitely stabilized, with inventory leveled off in most submarkets. Our office of Tomlinson Sandpoint Sothebys Intl Realty, which accounts for roughly 1/3 of all transactions in the county, has been experiencing incredible volume in closings and pendings over the past couple of months.

To discuss the real estate market and buying opportunities in Dover Bay or the Sandpoint area, please email me at rick@sandpointresortrealty.com, call 208-304-5665, or visit my website at www.SandpointResortRealty.com where you can search the entire MLS and find more detail on Dover and other area developments.

Yappy Hour is a new Sandpoint event which is essentially a happy hour where you can bring your dog with you. This is a concept that was started by my wife when we lived in Santa Barbara, CA and that really took off. There are too few places where dogs are allowed and even welcomed. The first event here in Sandpoint was hosted by the Ponderay Vet Clinic at the Dog Park. This second event will take place at Dover Bay Resort from 4-7p on July 30, in the lawn between the Cafe and Pool.

Admission is free with a cash bar and other refreshments available. Donations are welcome, with all monies going to the Panhandle Animal Shelter, our local no-kill shelter.

The concept of Yappy Hour was inspired by our paralyzed pug named Molly, who very sadly passed away last week at the age of 8. The original events were fundraisers for the Molly Inspires Foundation, which provided character education in elementary schools and a resource for owners of special needs dogs like Molly.

Our dog Molly was born with a twisted spine that caused paralysis in her bottom half from about 3 months old. Vets told us that she would not live past 1 year due to the bladder problems and infections that would result, and they recommended putting her to sleep. We kept her anyway and basically did whatever it took and spent big dollars to keep her plugging along.

Molly's spirit will be with us forever. She changed our outlook on many things in life, teaching my wife, myself and countless others the meaning of gratitude, acceptance, and courage. Tough to imagine a dog doing all this, but our relationship with Molly led to many things and truly changed our world. Mandy and I would not be the parents we are today or the friends we are today without having experienced this.

This coming weekend is the big event of the year for Dover Bay Waterfront Resort, the waterfront residential resort community located 2 miles down the bike path from Downtown Sandpoint. The weekend is supposed to be nice and sunny, and its a great time to come check out this emerging resort community and to see friends. There will be live music, games, displays by local craftsmen, and great giveaways at all the open houses.

Schedule of events and information for Dover Bay Days

8:00a - 2:00p Volleyball tournament

11:30p - 2:30p Music in food area between café and fitness - Inbred Goat Ropers

12:00p - 3:00p Potato Sack Races and other kids activities on the Marina Town Lawn

Sunday

11:30a Tomlinson Bear arrives

2:00p Concert in the park - Swing Band

4:00p Music ends

All Day Activities

⎯ Boat and ATV Demos from Sandpoint Marine and Motorsports

⎯ The following vendors will be serving food and beverages all day in between the café and fitness area:

o Dover Bay Café

o Dover Bay Beer Stand

o The Flatbread Pizza Company

o Papas Mini Donuts

o Aurora - Shaved Ice

o Kettle Korn

o Big Bear Chocolates

o Variety of food from Mountain Sensations

o Fruit cups and Pesto Tortellini (Sunday Only)

⎯ Croquet and other grass games at Parkside Bungalows

⎯ Magic Show for kids at the Little Lambs booth every hour on the hour

⎯ Juggling lessons at Waldorf School booth

⎯ Jump-a-lot

⎯ Open Houses with prize giveaways at Parkside Bungalows, Marina Town, Bayside South, Cottages at Dover Meadows, Beach Bungalows, Fitness Center, Cafe, and Discovery Center.

For more information on Dover Bay and any of its real estate offerings, visit www.SandpointResortRealty.com or call me at 208-304-5665.

'Talk Dirt to Me' is Dover Bay's first Home & Garden Show, taking place throughout Dover Bay Resort this Saturday, June 6. This is an outdoor event that will take place from 11a to 5p, centered around Dover Bay's waterfront Marina Village.

There will be classes from KXLY Garden Expert Phyllis Stephens, an All Seasons Garden & Floral demonstration on editable landscapes, the first annual Rusty Tiller Sailing Race, kayak and canoe demos, food and all sorts of vendors. My friend Arthur's band, 'Bright Moments', will be playing near the Dover Cafe, a fun band playing lively jazz.

Each of the neighborhoods at Dover Bay will also hold an open house, where you can enter to win prizes at each location. We have a fantastic prize to give away at the Parkside Bungalows (the new homes located on the right side of Dover Parkway on the corner of Lakeshore Drive). The prize is a float plane flight for 4 people over Lake Pend Oreille, from Sandpoint Seaplane which is based out of the Dover Bay Marina.

This is sure to be a great event. Come by and see me at the Parkside Bungalows.