What Buyers Should Expect
A general overview of the Colorado home buying process
Every real estate transaction is different. This is a general overview for standard residential transactions in Colorado. This is not legal, tax, or financial advice. Your signed contract controls all terms, dates, and obligations.
Buying a home in Colorado follows a clear process. Here is a general idea of what to expect at each stage.
01
Before You Make an Offer
What you do
- Get pre-approved by a lender or have proof of funds
- Decide your budget and goals
What you sign
- Exclusive Right to Buy Listing Contract
- Brokerage Disclosure to Buyer
02
Submitting an Offer
Your offer includes
- Purchase price
- Earnest money amount
- Inspection terms
- Loan terms
- Closing date and possession date
03
After Your Offer is Accepted
What you receive
- Fully signed contract
- Seller's Property Disclosure
- Square Footage Disclosure
- Lead-Based Paint Disclosure if applicable
What happens
- Contract deadlines begin
- Title is opened
- Earnest money is sent to the holder listed in the contract
04
Title and Property Documents
What you receive and review
- Title Commitment
- Title Documents
- HOA Documents if applicable
05
Inspections
What you do
- Schedule inspections
- Review the condition of the property
Your options
- Accept the property
- Request repairs or a credit
- Terminate within the deadline if issues are found
06
Appraisal and Financing
What happens
- Your lender orders the appraisal
- Loan moves toward final approval
07
Closing
What happens
- Loan is finalized
- Final walkthrough is completed
- You sign closing documents
- Funds are transferred and ownership is yours
Good to Know
- “As is” does not mean skip inspections. Always do your due diligence.
- Review all disclosures, title documents, and HOA information carefully.
- The contract creates real obligations. Read it and ask questions.
- Always verify wiring instructions directly with a trusted professional before sending any funds.