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Under Contract

The Colorado real estate contract provides homebuyers multiple opportunities to perform the due diligence required when purchasing a Colorado home for sale. Take every opportunity possible to ensure that when you are purchasing the house you are completely protected and your best interests are taken into consideration.

Home Inspection

Every Colorado homebuyer should obtain a home inspection regardless of the age, condition, and appearance of the home.

Appraisal

Colorado mortgage lenders will require an appraisal of the home you are purchasing. Government and mortgage guidelines typically determine who can perform the appraisal and what type of appraisal must be completed.

Title/CIC

Colorado mortgage lenders will require an appraisal of the home you are purchasing as well. Government and mortgage guidelines typically determine who can perform the title work and the title insurance requirements must be completed.

Mortgage Approval

Colorado mortgage lenders will grant you loan approval once all the guild lines have been met and the underwriter has approved your file completely.

Mortgage and Real Estate Closing

Colorado title companies will typically handle the Mortgage and Real Estate closing.  They will typically perform both of these closing iat the same time during your vist to the title compant.  At this time your loan funds and home that you have been wanting is finally yours.  The title company asks as a mediary between all the parties involved in the transaction and insures the closing and the property(s) involved.

Now You Own Your Home!

Next Step: Inspection

Previous Step: Real Estate and Mortgage Terms

Back to: Colorado Buyer’s Guide

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