Frequently Asked Questions About Buying a Home in Palmdale, Lancaster & Los Angeles

by Armand Martin

Frequently Asked Questions About Buying a Home in Palmdale, Lancaster & Los Angeles

❓ How long does it take to buy a home in Palmdale or Lancaster?

Most home purchases in Palmdale and Lancaster take 30–45 days from accepted offer to recording day. Cash purchases may close faster, sometimes in 21 days or less.

❓ What credit score do I need to buy a house in California?

In California, buyers may qualify with:

500–580 credit score (FHA options)
640+ credit score for better rates and down payment assistance programs
Each loan program has different requirements.

❓ Are there first-time home buyer programs in Palmdale and Los Angeles?

Yes. First-time buyers in Palmdale, Lancaster, and Los Angeles may qualify for:

FHA loans
Down payment assistance programs
Reduced upfront costs
Eligibility depends on credit, income, and employment history.

❓ How much money do I need to buy a home in Palmdale CA?

Buyers typically need:

3%–3.5% down for FHA loans
Closing costs (often negotiated or partially covered)
Some buyers qualify for zero or low down payment assistance.

❓ What is escrow in California real estate?

Escrow is the neutral process where:

The buyer’s deposit is held
Inspections and appraisals are completed
The lender finalizes the loan
The deed transfers ownership on recording day

❓ When do I get the keys after closing in California?

In California, buyers usually receive keys within 3 days or sooner after recording. In some cases, keys are delivered the same day.

❓ Can I buy a home in Los Angeles with low credit?

Yes. Many buyers in Los Angeles purchase homes using FHA loans or alternative financing options, even with lower credit scores, as long as income and debt ratios qualify.

❓ Should I use a Realtor when buying in Palmdale or Lancaster?

Absolutely. A local Realtor helps:

Negotiate price and repairs
Protect your deposit
Navigate escrow timelines
Avoid costly mistakes

This is especially important in competitive California markets.

If you’re looking to buy a home in Palmdale, Lancaster, the Antelope Valley, or Los Angeles, this 8-Step Home Buying System gives you a clear path from consultation to keys—without stress or confusion.

Armand Martin
California Realtor
DRE #02140006
Serving Palmdale, Lancaster & Los Angeles, & California
@aboveaveragemondo