Your Buying Guide

The Davenport Group presents Your:

OUR MISSION:

We are a team of extraordinary people with the deep fundamental belief that the phenomenal service we give our clients will always be the foundation that our growth is built upon. We will never succeed without the consistent satisfaction of our clients. We can & we will!

OUR PROMISE TO YOU:

Our promise is to deliver the best service imaginable for every single one of our clients We promise to focus on your individual needs in order to ensure the best possible outcome. We will be proactive in anticipating potential challenges and minimizing any surprises The Davenport Group is focused on making this a five star experience that exceeds all expectations.

OPEN HEARTS, OPEN DOORS

Here at The Davenport Group we are passionate about giving back to the community, especially those less fortunate, which is why we created “Open Hearts, Open Doors”

The Davenport Group has the trust, honor and privilege of helping clients, like you, purchase their homes We should never take for granted the amazing feeling of having a home, having a warm and safe space, where we can be ourselves with the ones we love, where we laugh until we cry (and maybe pee a little). A place where we get to cook huge meals; then overeat and pass out on the couch, or where we order delivery because we just can’t look at the stove right now. A home where we make memories that will last our entire lives and we tell stories about things that happened between four walls and a roof Four walls and a roof such a simple thing that we all too often take for granted.

There are too many amazing human beings that share this Earth with us that would never take a home for granted, because they do not have one. They do not have such a simple thing as four walls and a roof. They do not have a place of their own where they can be safe or warm A place where they can lay down at night with the comfort of a soft bed and a warm blanket. They fight the cold, the rain, the shame, and the hunger that comes without having a home everyday. And for those strong and humble people, we at The Davenport Group make it part of our mission to help them

T H E D A V E N P O R T G R O U P ' S P R O V E N H I S T O R Y

#2 overall producing team at Keller Williams

Realty Partners

#21 producing team in the entire Southeast Region

#5 Top Luxury Agent in the Southeast Region

Circle of Excellence Lifetime Member

Designated Millionaire Real Estate Agent Status

Shooting Star Designation

Centurion, Diamond, Ruby & Emerald Awards

Over 1,500 families helped

Scan to read what others have said about their experience with us, so you can feel assured you are making the right choice when you hire us!!

E N D O R S E D L O C A L P R O V I D E R S

Endorsed local providers outperform other agents in the three most important factors of the home-buying process:

140%

230%

FASTER HIGHER MORE

300% at finding and closing homes customer satisfaction home closings

W H Y T H E D A V E N P O R T G R O U P ?

Our team is dedicated to providing you with the best service possible. That is why our team is made up of a variety of experts and specialists to help you every step of the way.

Dedicated buyer specialists

Buying/Showing Assistants

Operations Manager

Transaction Coordinator

Backup Buyer Specialists

Preferred Mortgage Specialists

Home inspectors on call

Attorney on call

W H Y H I R E A T E A M Together.

A real estate team unites clients, agents, administrative staff and automated systems together to provide a vast array of services rapidly and with great attention to detail. A tight-knit, experienced team can provide you with high-quality, beneficial services that can bring real value to a transaction.

M E E T Y O U R S U C C E S S T E A M

Rachel is the Team Leader of The Davenport Group at Keller Williams Realty Partners and our lead listing specialist. She is a native Georgian and has personally been a Real Estate Agent for over 17 years, during which time she closed over 2,000 Real Estate transactions representing both Buyers & Sellers! Because of her experience she has a very thorough knowledge of today’s market & current values which she has passed on to all of her team. She has built a reputation of professionalism, integrity and placing her clients needs above all else This reputation resonates through the entire Davenport Group

You may have already spoken with Jennifer, Sara or Kelli so you know a little about them, but let me go into more detail on how they are here to help you in getting your find the right property! Each and every day Jennifer, Sara and Kelli speak to dozens of home owners and work diligently to match them with one of our clients looking to purchase that would be the right fit for the homeowners property That means you can get matched with a seller who is not even on the market now and be 1st in line to see their property!

Jennifer, Sara & Kelli

Gina Stanton is the office manager here at The Davenport Group. She will work diligently behind the scenes alongside our dedicated agents to make sure that nothing is overlooked and that your entire real estate transaction experience is as smooth as possible From the very moment you first start working with us she will be behind the scenes making sure all questions are answered and that you get the 5 star service from start to finish that The Davenport Group is renowned for.

Joan & Miah are your closing coordinators, since we will be getting your home SOLD, and will be with you and your agent every step of the way from the moment you get your home under contract all the way to the closing table They are extremely detailed, organized, and solution based to make sure nothing is overlooked by any of the other party members. They are with you to make sure that when questions or needs arise, you get help fast

Joseph Vantrepotte is the CFO and the number's man! He will be the one who is next to you at the closing table to make sure that all the numbers are exactly as they should be. He has extensive training to understand the intricate details of the closing process and will put that knowledge to your benefit

Gina

Joan & Miah

IT'S ALL ABOUT

Y O U !

Personalized consultation to provide a tailored experience

Full-time passionate Real Estate Specialists dedicated to you

Personal concierge department at your fingertips

Personalized and detailed property information

Local experts with connections and knowledge

Virtual showings: We know you are busy

Knowledgeable guidance and experienced negotiators

Personalized closing experience tailored to your needs

FINDING YOU THE

PERFECT HOME

Most agents only get you access to homes actively listed on the MLS. That means you're missing out! However, here at The Davenport Group, we also expand our search to the "Hidden Market." We have a dedicated team calling every day to find our clients their perfect home.

FOR SALE BY OWNER

SELLER'S DATABASE

TECHNOLOGY AT YOUR FINGERTIPS

THE HOME BUYING PATH

Application Process

Post-Closing

Helpful Strategy

Save & submit all future pay stubs

Save & submit all future bank statements (complete with all pages) Keep copies of all documents submitted to processing

Do continue to pay all of your debts & loans on time

Common Mistakes

Don't

Don't

Don't co-sign a loan for anyone

Don't change bank accounts

Don't apply for

cards

Appraisal Order

Processing Appraisal Report

Underwriting Commitment

We believe that the customer comes first. Hear that phrase a lot? At Supreme Lending, we prove that it's not just a catch phrase. Experience what it's like to be our priority when you work with loan officers that stay in touch throughout the process and get you and your family into your new home quickly and conveniently

MORTGAGE SOLUT

Buy with cash

Make a winning, all-cash offer today.

Real estate transactions can be really stressful You're either competing with other buyers or worried about settling for the seller's terms and timeline. The thought of losing a home you love or being out-negotiated often leads to overpaying and bad decisions But now there's an alternative

We designed Buy with cash to strengthen your offer so that you can win the home you want on your terms.

Buy with cash for no cost

Convenience fee

Our standard convenience fee is 1 9% But when you use our preferred lender, all of that is credited back to you at closing, reducing your cost to buy with cash to 0%

Rent

Deferred until closing

We prorate your rent by day, so you only pay for the time you need.

Alan has been an Insurance Agent with State Farm since 2012. He has the Legion of Honor Qualifier Ambassador Travel Qualifier University of Florida, B.S. Over 40 years combined State Farm Experience.

10 MORTGAGE COMMANDMENTS

So you have decided that you want to buy or refinance a home. You wonder if your finances are ready. Here are 10 Mortgage Commandments that you need to follow when applying for a mortgage.

Thou shalt not change jobs

Thou shalt not buy a car, truck or boat unless you plan to live in it

Thou shalt not max out your credit cards

Thou shalt not close any accounts

Thou shalt not spend your down payment money

Thou shalt not buy furniture (or anything else) before your loan closes

Thou shalt not become self-employed

Thou shalt not make any large undocumented deposits into your bank account over $500

Th h l h ffl d l i l

HOUSE HUNTING

DO NOT DO

Check your email daily for property alerts and let us know if you would like us to make an appointment to view a home

Check out subdivisions or areas of town that you are considering to become more familiar with the flow of traffic during different times of the day. Use this time to check out school ratings at Greatschools org

Take a drive by the outside of homes to see the curb appeal and to check out the location and neighborhood

Send us info of any other homes you may be interested in so we can provide the most up-to-date info for you

Knock on anyone ' s door and ask to see the inside of their home. This includes FSBO's because you will need to be represented for any home you purchase. Remember; the seller pays our commission, even with FSBO's

Contact another agent. We will show you all homes currently for sale, even if it is listed by another agent. This includes new construction homes! Remember, the agent only has the builder's best interest in mind, not yours

Make any large purchases or open any new accounts. This may negatively impact your ability to secure financing for your new home

Look at new construction homes without giving the onsite agent our contact info

MAKING AN OFFER

Once you have found the property you want, we will write a purchase agreement. While much of the agreement is standard, there are a few areas that we can negotiate:

The Price

In our current market, the list price is often the starting price and you may need to be prepared to go above the listing price. What you offer on a property depends on a very large number of factors, including its condition, length of time on the market, buyer activity, and the urgency of the seller While some buyers want to make a low offer just to see if the seller accepts, this often isn't a smart choice, because the seller may be insulted and decide not to negotiate at all.

Due Diligence

In this market, we are seeing many buyers waive their Due Diligence, this is not something we would suggest you do unless you've had the home inspected. The Due Diligence is the time frame in which you want to have all of the home inspections conducted. Average range is 3-5 days allowing you time for home inspectors, pest/termite inspections, radon inspections, etc. This is also the perfect time for you to research the area, neighborhood, school list, sex offender list and crime rates

The Move-in Date

If you can be flexible on the possession date, the seller will be more apt to choose your offer over others. Many sellers like to have a few days after closing to be able to relocate.

Closing Costs

Beyond the cost of the home and the cost inspections, there are other fees associated with obtaining a loan, having the attorney close the transaction and the title company that will insure the loan and insure you as an owner. These fees are called "Closing Costs" The Buyer will pay all the costs associated with obtaining the home other than the fee the seller has agreed to pay the Real Estate agent (s). In an effort to reduce "out of pocket" expenses or reduce the amount of cash you will need to bring to the table, we can ask for the Seller to cover a certain amount of those fees, however in this market it may be difficult to request this and you would most likely need to add anything you are asking the seller to pay into your offer amount.

MAKING AN OFFER

Once you have found the property you want, we will write a purchase agreement. While much of the agreement is standard, there are a few areas that we can negotiate:

Special Stipulations

Additional items of the contract for negotiation are known as special stipulations. This would include home warranties, clearance of HVAC systems, transferring of any existing termite bonds, pieces of existing furniture, etc Sellers take these items into consideration and calculate them into their net amount. We will be keeping this in mind when preparing an offer because in the current market seller's are not finding any special requests appealing.

Typically, you will not be present at the offer presentation - we will present it to the listing agent and/or seller The seller will then do one of the following:

• Accept the offer

• Reject the offer

• Counter the offer with changes

By far the most common is the counter offer In these cases, our experience and negotiating skills become powerful in representing your best interests When a counter offer is presented, it may be sent to us on a contract or it may be sent to us by email or even verbally. Any manner in which we receive the seller's counter does not mean it is not a viable counter, it just means that if we counter verbally we MUST have a fully signed and bound contract before you are under contract. A seller has the right to accept another offer, even if we have agreed to terms verbally, up to the point of a fully bound contract

We will work together to review each specific area of the counter, making sure that we move forward with your goals in mind and ensuring that we negotiate the best possible price and terms on your behalf.

BINDING

We have come to terms and now you are officially under contract to purchase the property! Now what?

Earnest Money :

This is an area where you can stand out as a buyer. You will want to show the seller how serious you are and will want to make your Earnest Money deposit reflect how dedicated you are to purchasing the home Our agent will be able to guide you in what will make your offer stand out Earnest money will be due just a few days from when we go binding and should always be paid in the form of a check from the account of the purchaser on the loan. Be sure to reference your contract for the deadline. You will need to take a photo of the check for your records and then send the check to the holder. In a typical market, we usually see 1% of the purchase price is offered as earnest money

Inspections:

If the terms of the contract allow you a period to inspect the property, then you will want to move forward quickly and schedule all the inspections you wish to have done within the first 24 hours of going under contact. That way if issues are found we have time to negotiate repairs before your due diligence period expires and you are forced to purchase "as is". Some of the common inspections buyers choose to have done are radon, home inspections, surveys, termite, foundation, HVAC, septic and well You, as the buyer, are responsible for your own due diligence and must determine which additional inspections, if any, are needed.

Negotiating Repairs:

You've hired the inspector with the intention of learning more about the condition of the home. In the event they should find any item that needs to be further addressed, you do have a few options Depending on the item, whether it be large or small, you may need to do further investigation with a licensed professional in that field such as roof, plumbing, electrical, etc In most cases the inspection report, which is provided to us typically within a 24-hour period, is enough to be able to draft an amendment to address property concerns. We use this amendment to either request that the seller make repairs or we ask them to provide money instead of repairs

POTENTIAL ASSOCIATED COSTS

PriortoClosing

Appraisal: $450-$550

Home Inspection: $350-$600

Termite Inspection: $35-$50*

HVAC Inspection: $125-$250*

Radon Inspection: $150-$250

Survey: $1,200+*

Septic Inspection: $450-$650*

Well Inspection: $150*

Roof Inspection: $250*

Foundation Inspection: $400*

AtClosing

Pro-rated property taxes*

Title search & title insurance*

Lenders closing costs*

GA transfer tax*

Downpayment

Representation fees not included in the purchase price

Recording & Admin fees*

Lenders escrow deposits*

*You may be able to negotiate for the seller to pay some of these costs

THE APPRAISAL

The dollar amount the bank will lend you is based on the appraised value of the house rather than the agreed upon purchase price between the buyer and the seller The house you are buying may come in at a higher or lower value depending on its comparable age, square footage, physical attributes, and the number of bedrooms and bathrooms.

Since today’s buyers and sellers are savvier and more informed about a home’s “going price,” houses are much less likely to fall below their appraisal price than in years past. However, fair market values can shift, potentially adjusting your appraisal by thousands. If this happens to you, consider the following options :

Renegotiate the Deal with the Seller

You can ask the seller to drop the purchase price to the appraised value. The seller may be willing to do this if the property was on the market for several months If they do not lower the price, the seller risks losing you as a buyer They will have to incur the trouble of putting their property back on the market again and it make take some time for them to receive another offer. Additionally, the next buyer may incur the same problem with the appraisal. Unless the home is in a highly desirable and competitive area, youwill have the advantage in negotiations with the seller.

Make Up the Difference

If you have the financial means, you can make up the difference between the purchase price and the appraised value by putting extra cash down. If there were multiple offers on the house, another buyer may be willing to pay above the appraisal value, so the seller may be less likely to negotiate with you If this is the house of your dreams and will be your “forever” home, you may want to pursue this option.

THE APPRAISAL

Split the Difference

The seller and buyer can split the difference The seller can reduce the purchase price by a certain amount and the buyer make up the difference by bringing cash to the table. If the seller has shown good faith in the transaction, for instance, by being fair and reasonable in responding to repairs requested as a result of the home inspection, you may want to go this route In my experience, this is the most common solution when there is a difference between the purchase price and appraisal value.

Request a Second Appraisal

Either the buyer or seller can request a second appraisal If the sellers were surprised by the home’s lower-than expected appraisal value, they may opt to pay for the second appraisal, which will still be ordered by the buyer’s lender. If there were attributes of the home that were overlooked or if recent comps in the immediate area were not included in the original appraisal, this should be pointed out to the second appraiser. The second appraisal could come in higher if the first appraiser was inexperienced or was out of the area.

Cancel the Transaction

Most purchase agreements that contain financing include loan and appraisal contingencies. If the appraisal comes in low and all else fails, a buyer can cancel the transaction and request to receive back their earnest money deposit. However, buyers should be aware of contingency deadlines For instance, a 10day appraisal deadline means that the appraisal must be performed within 10 days after the contract ratification date. If the deadline is missed, then the contingency is no longer in effect

A LOOK BACK & AHEAD

A LOOK BACK & AHEAD

A LOOK BACK & AHEAD

A LOOK BACK & AHEAD

A LOOK BACK & AHEAD

98 Buyers Helped

106 Sellers helped

Over 45 multiple offers won

Over 25 homes sold with our 72 hour sold program

13 local charities helped

Over 500 doors knocked

WHY KELLER WILLIAMS

Leading the Industry

When you work with me, you work with a trained agent that has the backing of the world's largest real estate company, consisting of 180,000+ associates around the globe. That puts your listing within the largest real estate network with the furthest reach.

And, by choosing to partner with me and the Keller Williams family, you gain access to a suite of technology that keeps you informed and engaged in what's happening in your neighborhood.

Keller Williams was built on a simple-yetrevolutionary principle: people are what matter most. To help cement this understanding, we ' ve formalized a belief system that guides how we treat each other and how we do business.

WIN-WIN or no deal INTEGRITY do the right thing CUSTOMERS always come first COMMITMENT in all things COMMUNICATION seek first to understand CREATIVITY ideas before results TEAMWORK together everyone achieves more TRUST starts with honesty EQUITY opportunities for all SUCCESS results through people

Direct: 770.680.3046

Office: 678.494.0644