The Home Buying Process
The Home Buying Process
The home buying process in California typically involves the following steps:
- Get pre-approved for a mortgage: Work with a lender to determine how much you can afford to borrow for a home.
- Look for a home: Find a great buyer’s agent to work with! (hint my contact information is below 😉)
- Make an offer: Your offer should include the price you're willing to pay, as well as any contingencies (e.g., the sale is contingent on the home passing inspection).
- Negotiate: Once the seller receives your offer, they may accept it, reject it, or counter it. You and the seller will negotiate until you both agree on the terms of the sale.
- Perform due diligence: Before you close on the home, you'll want to have it inspected and appraised to ensure that it's in good condition and that the price is fair. Any repairs and credits will be negotiated at this stage.
- Provide Funds to Close: Once you've completed due diligence and both parties have agreed on the terms of the sale, you’ll sign loan documents, and the loan will fund.
- Recordation: After escrow, the new deed and title are recorded with the county recorder's office.
Please note that this is a general overview and specific steps and timelines can vary depending on the specific property and situation. It's always a good idea to consult with a real estate agent for guidance on the home buying process.
San Diego Realtor®, John Collins, Collins Coastal with Coldwell Banker Realty, CalRE #01948188
Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
Interested in Pacific Beach property, specifically? Check out PacificBeach.RealEstate
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. © 2020 SDMLS ~ By contacting John Collins / Collins Coastal, you agree to receive customer service texts from this business. We will not send you messages without your consent and we will not sell your data. Providing your contact information is confirmation you agree to receive text messages and/or calls from John Collins / Collins Coastal, your phone provider may have fees for this service. Message frequency varies. You may reply STOP at any time to cancel or call us at 858.252.0200.
Powered By:
