Davidson Realty, Inc.

Is a Down Payment Assistance loan right for you?

October 15, 2019

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Posted by in News, Northeast Florida Market Trends

Not having enough cash to make a down payment on a home is a common concern. But it doesn’t have to be the end of the road! I recently spoke with Mark Sherman of Atlantic Trust Mortgage, who provided valuable insights on another option: a DPA (Down Payment Assistance) loan.

 

Mark said in addition to understanding the ins and outs of traditional loan products (e.g. Conventional, Jumbo, USDA, VA, FHA), mortgage brokers are also responsible for being well-versed in a variety of niche and first-time homebuyer products. This includes knowing how and when these alternative products are valuable to buyers.

 

Key among these products is the DPA loan. Though there are 3% down, 3.5% down and even 100% conventional, government and USDA financing options, some buyers still can’t cover the down payment and closing costs. However, they might have good credit and the necessary income to qualify for the monthly payment.

 

For these buyers, Mark says the DPA portion of their financing is provided as a “second” mortgage “grant” that requires no payment (or a reduced interest-only monthly payment). Then they can apply the funds from their “grant” to their down payment and closing costs. In many cases, the buyer needs no cash at closing.

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Easy ways to boost your curb appeal…this weekend!

October 1, 2019

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Posted by in Agent Feature, News, Top Agents

When home sellers think about improving curb appeal, it can be easy to get overwhelmed. New exterior paint? New landscaping and sod? New driveway? Sounds exhausting and expensive.

 

But it doesn’t have to be!

 

If you’re planning to sell your home in the near future but worry about the time and expense of enhancing your curb appeal, there are plenty of easy ways to spruce it up—without breaking the bank.

 

Here are six easy curb appeal enhancements you can knock out this weekend with a trip to the home improvement store:

 

1.) Pressure wash your exterior. For some jobs, a water hose just won’t do. Be sure to spray all surfaces including the eaves and driveway; just avoid easily damaged areas like caulking around doors and windows as well as roof shingles. Don’t forget to wash the fence as well! You will be shocked at how much a good washing can make your home sparkle. Home Depot rents out electric pressure washers for just $38 per day.

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Donations pour into Mirtha Barzaga’s annual school supply drive

August 1, 2019

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Posted by in Agent Feature, Community Involvement, Events, News

Davidson Realty agent Mirtha Barzaga hosted her annual school supply donation drive last weekend, July 27 and 28, at the King & Bear and Heritage Landing amenities centers.

 

As a result of Mirtha’s hard work, many disadvantaged kids in St. Johns County will return to school with everything they need.

 

“Thank you to the residents, customers and my vendors who came out and donated this year,” said Mirtha. “It shows that when we come together, we can make a real difference for local kids.”

 

Some of the hundreds of donated items include 24 backpacks, 70+ notebooks, 100 folders, as well as calculators, pencils, markers and crayons, folders and plenty of required classroom items.

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Mirtha Barzaga’s back-to-school donation drive coming July 27 & 28

July 9, 2019

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Posted by in Agent Feature, Community Involvement, Neighborhoods, News, St. Johns County schools

It’s almost that time once again—back to school time! Davidson Realty agent Mirtha Barzaga is committed to making sure every child in St. Johns County is ready.

 

Mirtha’s annual charity drive brings in hundreds of bags of donations to ensure all kids have the backpacks, lunch boxes and supplies they need to start the year right! This year, Mirtha will collect donations at two locations:

 

— Saturday, July 27at the Heritage Landing Amenity Centerin World Golf Village (from 12 to 3 p.m.)

— Sunday, July 28 at the King & Bear Amenity Centerin World Golf Village (from 12 to 3 p.m.)

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