Skip To Content

    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!

    Mishayla Wortham

    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!!

    Ashley Stuive

    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!

    Amber Gilmore