How to Buy a Home Connecticut

Connecticut is one of the most diverse and competitive real estate markets in the world, and we understand that making the decision to buy a home here can be a particularly overwhelming experience. From mastering the difference between towns to planning for an inspection, there’s a lot to learn.

White gabled house with a brick chimney, hydrangeas, and a paved driveway.

01. Find an Agent

Look for a licensed Compass real estate agent who is knowledgeable about the neighborhoods you’re considering and can help guide your search.

Bright living room with a coffered ceiling, tall garden-facing windows, fireplace, and neutral seating.

02. Get Pre-Qualified

Before beginning your search, your first step is to get pre-approved for a mortgage loan (unless you will be paying in cash for the full price of your home). Your Compass agent can connect you to a mortgage broker. Based on your income and credit history, the mortgage broker will determine how much the bank will lend you, helping you establish the price range for your search.

White-sand beach and calm ocean framed by coastal grasses and weathered wooden fence slats.

03. Visit Properties

Attend viewings and open houses spanning a range of areas and property types. This is the time to consider your ideal home’s location and amenities.

Bright living room with a white sofa, tall windows, fireplace, and light wood floors.

04. Negotiate

Reach an agreement with the seller on price and terms. Once you have found a home you like, you can present an offer to purchase, or “binder,” along with your mortgage pre-approval and a copy of your binder check (1% of the purchase price). If your offer is lower than the list price, the seller may respond with a counter-offer, which you can accept, reject, or negotiate further. Your Compass agent will provide guidance on pricing throughout the process.

Bright entryway with a window bench, glass-paneled front door, and staircase.

05. Review

You are given a limited time period during which to conduct an engineer’s inspection and other desired and required inspections. During this period, the seller has only made a verbal, non-binding agreement to sell the property to the buyer.

Bright kitchen with a large blue-and-wood island, woven stools, and patterned backsplash opening to a dining area.

06. Sign Contract & Put Down Deposit

The seller’s attorney will draft a contract of sale and deliver it, along with the seller’s title insurance policy and a copy of any existing survey, to your attorney. If any changes are requested, the seller must agree to them. Signed contracts are then returned to the seller’s attorney with a 10% contract deposit, also called a “down payment.”

Raised white house with a wraparound porch among pine trees beside the water.

07. Complete Loan Application

Organize an appraisal with your bank. Your completed mortgage loan application, along with all supporting documentation, should be submitted to your chosen lender upon receipt of the fully signed contracts. The bank then issues clearance to close.

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08. Closing Scheduled by Attorneys

Waterfront home with broad stone steps, manicured gardens, and a long upper balcony.

09. Final Walk- Through with Your Agent

A final walk-through of the property is performed just prior to closing. The walk-through confirms that no damage has been done to the home since the time of the inspection and that the major systems and appliances are in working order.

Open-plan dining room with a round wood table, woven pendant light, and leafy centerpiece.

10. Closing

Once all the conditions of the contract have been satisfied, the closing is held. The closing documents are signed, payment is exchanged, and the buyer receives the keys to their new home!

Tri-State Stats:

$2.97B

Total 2024 CT sales volume*

#1

Brokerage in NYC*

400+

Total Tri-State Employees

65

Offices

5,000+

Agents

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At Compass, we empower our agents with data-driven technology, revolutionizing the home buying experience. Since launching in 2012, we’ve built a robust team of experts — engineers, analysts, strategists, and marketers — to simplify the process and guide buyers. Now the #1 independent real estate brokerage in the country, we deliver on our promise from coast to coast.

Let’s Find Your Dream Home

With Deirdre McGovern by your side, you have a trusted advocate bringing experience, local market knowledge, and strategic insight to every step of your journey. Whether you're buying or selling in Darien or the surrounding waterfront towns of Fairfield County, you’ll receive personalized service, expert negotiation, and results-driven marketing to help you achieve your goals with confidence.