A Step-By-Step Guide to Buying a Home
A Step by Step Guide To Buying A Home
Buying a home can be a long and complicated process. Trust the Tommy Daly Home Team to guide you through the process.
Purchasing your next or dream home is both a large decision and a series of small decisions at the same time. There are a myriad of things to think about from choosing a neighborhood to choosing a realtor. Sometimes this process can be daunting and so we’ve done our best to simplify the process by showing a high-level view of each step. Choosing your realtor is the first big step. A good realtor will be many things. They will help to guide you through the entire process, handle negotiations and listen intently to what you are looking for. A good realtor will also have connections to other members of your future team such as the mortgage broker and house inspector, and they should be able to provide key insights into the local real estate market. Make sure to carefully think through these steps and become familiar with the process of purchasing a home prior to jumping in with both feet. This is a big decision!
Find a Realtor
Initial Interview
Relationship, Services, and Expectations
Needs and Wants
Credit
Pre-Approval
Searching & Viewing Properties
[Start back here if offer rejected.]
Submit Offer
Negotiation
Counter Proposals
Contract
Contract Accepted
Continue the Process
Contract Rejected
Start Back at Searching/Viewing Properties
Tommy has been an absolute joy to work with! He’s been so patient with us through the process, and goes above and beyond to help us in finding our perfect home. Couldn’t imagine working with anyone else!
Loan Application
Mortgage Company
Credit Report
Property Appraisal
Green text indicates prewritten contingencies in the contract.
Gather & Verify Documents
Inspections
Property Inspection
Property Insurability
Due Diligence
Inspection Resolution
Tommy and his team are FIRST CLASS. He helped us find our amazing home in Colorado Springs and continues to keep up updated on market climate, tax info, and other great insight from his years of experience. Great people!!
Underwriting
Title
Title Search
HOA Documents
Property Survey
Loan Approval
Closing Readiness
Walk Through
Final Loan Documents
Posession
Welcome Home!
5/5 would recommend Tommy and his team! Very professional, and made us feel like part of the team. He walked us through every step in the home buying process, and made looking for the perfect house a breeze. We are in our dream home thanks to Tommy Daly’s help, and our family will forever be grateful!