Davidson Realty, Inc.

Home Buyer Tax Credit Extended!

November 16, 2009

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Posted by in News

Sherry DavidsonDavidson Realty has been working with many first-time buyers looking for homes in St. Augustine that have been unable to close by November 30, 2009, which would prevent them from qualifying for the awesome tax credit of $8,000. This was a huge problem for families taking advantage of the great pricing on short sales in St. Augustine. The lenders are getting better, but the short sale process can still be very lengthy.

But now there is good news for all of these buyers that are unable to close by November 30th. The tax credit for first time homebuyers has been extended so that you as long as you sign a contract to buy a home before April 30, 2010 and close on your home by June 30, 2010, you are eligible for the $8,000 credit. Read more

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Davidson Realty Walks for March of Dimes

November 5, 2009

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Posted by in Community Involvement, News

March of Dimes TeamDavidson Realty President, Sherry Davidson, understands the impact that March of Dimes has on people. She became active in the charity over 10 years ago and has remained a strong supporter due to the loss of her daughter many years ago. Sherry’s daughter, Megan, died of Osteogenesis Imperfecta Maxima, a condition that causes very fragile bones. March of Dimes ran multiple tests for free to determine why Megan died and if the disease was genetic. While Sherry was getting her tests done, her eyes were opened to the impact March of Dimes makes on so many lives. Because of March of Dimes, Sherry got her answers. Read more

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$8,000 First Time Home Buyer Tax Credit Ends November 30th

October 12, 2009

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Posted by in News

I was surprised to hear recently how many people looking at homes in Northeast Florida have not heard about the $8,000 tax credit for first-time homebuyers. I guess since I eat, sleep and breathe real estate, I assume other people understand what a great deal this tax credit really is.

The tax credit is similar to the Cash for Clunkers program for the car industry except instead of a $4,500 trade-in allowance, you will pay $8,000 less in taxes to the IRS or get an $8,000 federal income tax refund if you do not owe any income tax.

The $8,000 tax credit is available to anyone buying their fist home or anyone that hasn’t owned a home in three years. To qualify for the credit, you have to close on your new home by November 30, 2009. There is talk in Congress of extending the credit into 2010; however, until Congress passes new legislation, no one knows if it will be extended. Read more

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Davidson Referral Network

September 28, 2009

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Posted by in News

Homes in St AugustineAs the world of real estate is ever changing, so are the Davidson Companies.

First, there was Davidson Development – the master developers of World Golf Village. Then, Davidson Realty was created to sell real estate in Jacksonville and St. Augustine, Fl.  In 2006, Davidson Property Management was formed to manage the homes that needed to be rented and to take care of properties for investors and out-of-area owners. On October 1, Davidson Referral Network will be launched to answer the demand for an alternative for licensed real estate agents. This new realty company will provide an option for:

  1. Agents that want to keep their license active, but are not going to work in the field full time.
  2. Agents with an inactive license that would like to earn extra money by referring family and friends to a Davidson agent.

Regardless of which option you select, you will be able to work with us in one of two ways. Option one is you can be an agent who occasionally makes a Read more

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What is a Short Sale?

September 23, 2009

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Posted by in News, Short Sales

Short Sales Defined“Short sale” is a term I have heard a lot lately. I knew it referred to when a home owner sold their house for less than what they owed on it – with the lender’s approval. But I wasn’t exactly sure how it worked. So, when I was having coffee with Mirtha Barzaga – a Realtor at Davidson Realty, who is a Certified Distressed Property Expert (CDPE) and sells real estate and foreclosures in Jacksonville – I asked her about it.

She told me a story about a recent transaction she had done with her teammates, Juana Hausted and Pauline Cake, to show me how it works with the help of a professional. A Navy officer couple came to her when they were transferred from Florida to Virginia. They had bought a house they loved in World Golf Village three years ago, but the housing allowance wasn’t enough to keep it after their move. Mirtha explained they tried to modify their loan Read more

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