Tim Nemethy teams up with Shelley Nemethy at Davidson Realty

April 17, 2018

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We are pleased to announce that we recently welcomed Tim Nemethy to our growing sales team! Tim joins wife and agent Shelley Nemethy, who has been a Davidson agent since 2013, to form The Nemethy Group.

“Tim and Shelley make a superb team,” said Sherry Davidson, President of Davidson Realty. “Each has their own talents and skills, and together, they are a real asset to their customers.”

Tim earned a degree in management information systems from the University of Central Florida. He spent years in business development and sales roles, all of which provided the opportunity to hone his skills in providing solutions to customers. Tim is eager to translate his expertise to help real estate customers throughout Northeast Florida. Read more

2018 Down Payment Assistance Program

April 12, 2018

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Posted by in News

I’m Troy Silhan, Production Manager at Bank of England Mortgage and this is my very first blog post. Today I wanted to talk to you about our new Down-Payment Assistance program called the BOE100. The difference I’ve found with people buying and not buying is being able to get a down-payment together. This is our way to help make a difference to those in that situation. Here’s a few other reasons why I like this program:

  1. You don’t have to be a first time homebuyer. Unlike the FL Bond you could actually even own a home currently and still use this program to purchase a new place.
  2. Unlike the Bond $7,500 program, this is forgiven after 36 months. The bond has to be paid back.
  3. The Debt to Income Ratio is also much higher than compared to the FL. Bond and USDA. For USDA you have a max DTI of 41%, while for Bond it’s 45%. Using the BOE100 it goes up to 55% for the Debt to Income. Allows someone to find more home with their monthly income and monthly debts.

Read more

Congrats to our Top Realtors for March & the 1st Quarter of 2018!

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Posted by in News

Congratulations to our top agents for March and the 1stquarter!

Mirtha Barzaga is our top producer, top lister and top sales agent for March. Mirtha had an amazing month with 9 closings in March.

Mirtha also took all three honors for the 1stquarter. Mirtha knows all the new communities and sells a lot of new construction.

Read more

Davidson agent Mirtha Barzaga hosts Cuban themed bash for customers and business partners

April 6, 2018

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Top producing agent Mirtha Barzaga hosted her annual appreciation party for customers, colleagues and business partners on Saturday, February 24, at the King & Bear clubhouse in World Golf Village. This year’s celebration theme was Havana Nights, which hit close to home for Mirtha, who spent her early childhood in Cuba. Read more

Jacksonville named #1 real estate investment city in U.S.

March 27, 2018

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Posted by in News

Jacksonville was recently dubbed as the best city for real estate investing in 2018. The ranking was determined by home improvement company Renoviso, which based its list primarily on two important factors: affordability and growth.

Specifically, a city’s affordability can be found using the area’s median home price and number of high-paying jobs available. A city’s growth is based on population increases and job market. Other factors considered in the ranking included rate of return on investment (capitalization rate) and potential supply and demand of rentals. Read more

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