Davidson Realty, Inc.

Knock out your springtime home maintenance before it gets too hot!

March 17, 2020

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Posted by in News

Spring officially starts on Thursday and now is the perfect time in Northeast Florida to take assessment and make sure your home is ready for the hotter months. Once daily temperatures hit the 90s and above, and hurricane season starts (June 1), you will want to have it all done.

 

This might not seem like much fun but waiting can ensure your current small issues will turn into big (expensive) problems later. Here is a simple checklist to make sure your home’s exterior is warm-weather-ready from top to bottom.

 

Start from the top

  • Roof – Inspect your roof for missing, loose or damaged shingles and leaks as well as chimney damage. You can either climb onto the roof yourself or stand across the street with a pair of binoculars and inspect each shingle. You may get funny looks doing the latter, but it’s much safer! If you see any issues, call a roofer to fix them right away.
  • Gutters – Remove leaves and debris from gutters and downspouts. Make sure downspouts face away from the house and don’t collect rainwater at the bottom, which attracts mosquitos.

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Congratulations to the top producing agents at Davidson Realty for February 2020.

March 6, 2020

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Posted by in News

I would like to recognize our entire team for a great February with over $9 Million in closings.

 

The Top Producing, Top Sales and Top Listing agent for the month is Mirtha Barzaga. Mirtha helped 6 families make a move this month for a total volume over $2.5 Million. Mirtha supports Nease High School ROTC and band programs in addition to many other local causes.

 

 

 

The Top Producing Team for February is Dana Usrey and Deborah Shadowen, a great mother-daughter team. Dana and Deborah are very active in the local schools and involved in Davidson Realty’s “Deck the Chairs” entry every year.

 

 

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Top 3 mistakes sellers make (and how to avoid them)

March 3, 2020

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Posted by in Agent Feature, News

There is so much advice floating around about avoiding mistakes as a buyer that it’s easy to overlook the pitfalls and potential blunders of selling. There are a few that stand out to me as some of the most common mistakes that sellers fall into. Here they are, as well as ways you can avoid them.

 

Avoiding repairs and instead offering credit to buyers.

If your home needs repairs, upgrades or just some TLC before anyone will take notice, it can be easy to say, “Gosh, I’d rather just take less money, and they can worry about it after the house is theirs.” This can be a big mistake! The simple fact is that while you may not have the time to deal with it, neither do your buyers. “Time is money” may sound cliché but it certainly applies to everyone.

 

The effect is that potential buyers will likely bring extremely low offers. Instead, I often recommend to sellers to invest in the repairs and get the work done before you list your home to sell. Not only will your home sell more quickly, you are much more likely to benefit financially from the sale. There is nothing buyers love more than a turn-key home!

 

Ignoring initial offers.

It can be tempting to overlook the first offers that come in, but not taking these seriously can be another colossal misstep. While the first offer might not blow your socks off, potential first offers are often very motivated. Perhaps they are in a rush. Maybe they fell in love with your kitchen. It could be your home is near their aging parent’s home. You never know!

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Army veteran Max Reyna joins Davidson Realty’s agent team

February 26, 2020

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Posted by in Agent Feature, News

We are happy to introduce our Max Reyna, a new agent on Davidson Realty’s sales team! Max is a veteran of the U.S. Army and has experience in logistics and supply chain management.

 

Real estate is a natural fit for Max. He’s dedicated, solidly familiar with the local market and has a lot of experience from many years of military relocations.

 

Max grew up in a Navy family and moved frequently, eventually settling in Neptune Beach. After graduating from Fletcher High School, he enlisted in the U.S. Army where he served honorably for five years, including two deployments to Iraq.

 

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7 things you need to know about getting homeowner’s tax breaks in 2020

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Posted by in News

Your tax return may be a high point in your year, especially if you became a homeowner before 2020.

 

According to the CPA Practice Advisor, the average worker might see up to $2,000 in tax savings. *This number could increase if you own a home and have dependents or children.

 

Your homeowner’s tax guide for 2020: 5 big breaks and 2 more benefits

 

The IRS starts accepting 2019 tax returns as of January 2020. While the new tax credits introduced in

2019 made filing overwhelming for many, this year’s looking a lot smoother. Very few, if any, dramatic

changes have been made.

 

Accounting for annual inflation, tax brackets, as well as the standard deduction, have risen for 2020:

 

Here’s where you can find the standard deduction/brackets for the taxable year of 2019. The recently

reformed tax law lets consumers keep more money. Lower tax rates and a higher standard deduction

make this possible.

 

With a higher standard deduction, there may be fewer taxpayers who itemize (list out expenses that can

be subtracted from annual taxes). If you don’t have much to itemize, taking the standard deduction

exempts two times as much of your earnings.

 

But if you own a home, you could use some or all of these tax breaks to see more savings:

 

1.) Home equity loan/HELOC interest.

  • Now you can only deduct home equity interest that’s been used for renovations — a significant change from years past.
  • If you are eligible to deduct HELOC interest for renovations, that amount will go toward your total deduction limit of $750,000 in mortgage interest. (See below.)
  • This kind of loan may be labeled as a home equity line of credit (HELOC), home equity loan, or second mortgage.

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