How to Buy a Home in California Using the 8-Step Home Buying System

(Palmdale • Lancaster • Los Angeles)

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Step 1: Buyer Consultation – Build Your Home Buying Plan

Every successful home purchase in California starts with a clear plan. During the buyer consultation, we review your timeline, budget, credit, and financing options to ensure you understand the full home buying process before submitting offers. The California Department of Real Estate (DRE) recommends buyers understand financial readiness and representation before entering escrow.
Source: California Department of Real Estate (DRE) – Home Buying Guide

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Step 2: Get Pre-Approved (Credit Scores as Low as 500–580)

Buyers meet with a licensed lender to determine loan eligibility, monthly payment range, and maximum purchase price. FHA guidelines established by the U.S. Department of Housing and Urban Development (HUD) allow buyers with credit scores between 500–579 (with higher down payment) and 580+ (with 3.5% down) to qualify, depending on the loan program.
Source: U.S. Department of Housing and Urban Development (HUD) – FHA Loan Requirements

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Step 3: Shop for Your Home Within Your Approved Budget

Shopping within your pre-approved budget protects buyers from over-extending financially and strengthens offer acceptance. According to the Consumer Financial Protection Bureau (CFPB), staying within lender-approved ratios helps avoid loan denial during underwriting.
Source: Consumer Financial Protection Bureau (CFPB) – Mortgage Shopping Guide

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Step 4: Submit Offers & Open Escrow

Once a home is selected, an offer is submitted and negotiated using California-approved purchase agreements. After acceptance, escrow is opened and the buyer’s earnest money deposit is held by a neutral third party, as required under California real estate law.
Source: California Association of Realtors (CAR) – Residential Purchase Agreement Standards

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Step 5: Inspections & Appraisal (17 Days or Less)

In California, buyers typically have 17 days to complete inspections and investigations unless otherwise negotiated. This contingency period allows buyers to assess the condition and value of the property before proceeding.
Source: California Association of Realtors (CAR) – Buyer Inspection Advisory

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Step 6: Underwriting & Loan Approval

During underwriting, lenders verify income, assets, employment, and debt-to-income (DTI) ratios, which are required to meet federal lending standards. Buyers are advised not to open new credit during escrow, as this can affect final approval.
Source: Consumer Financial Protection Bureau (CFPB) – Understanding DTI Ratios

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Step 7: Sign Loan Documents & Fund Remaining Balance

Once underwriting is approved, buyers sign final loan documents and fund remaining balances. This step is regulated by both federal lending laws and California escrow procedures.
Source: First American Title – California Escrow Process

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Step 8: Recording Day – Get the Keys

On recording day, the grant deed is officially recorded with the county recorder’s office, transferring ownership to the buyer. Keys are typically released within 3 days or sooner after recording, depending on possession terms.
Source: California Department of Real Estate (DRE); Los Angeles County Registrar-Recorder

 

Buy a Home in Palmdale, CA

Palmdale offers more affordable home prices compared to Los Angeles while still qualifying buyers for FHA and down payment assistance programs. Many first-time buyers choose Palmdale for larger lots, newer construction, and commuter access to LA County.

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Buy a Home in Lancaster, CA

Lancaster is known for competitive pricing, expanding neighborhoods, and strong buyer opportunities. Lancaster buyers often benefit from FHA loans and California first-time buyer assistance programs.

 

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Buy a Home in Los Angeles, CA

Los Angeles buyers face competitive markets, making pre-approval and strong negotiation strategies critical. FHA, conventional, and alternative financing options help buyers compete across LA County.

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California Real Estate Legal Disclaimer

Legal Disclaimer:
This content is for informational purposes only and does not constitute legal, financial, or lending advice. Real estate laws, loan programs, credit requirements, and market conditions may change. All buyers are encouraged to consult with a licensed California real estate professional, mortgage lender, and legal advisor before entering into any real estate transaction.
Armand Martin is a licensed California Realtor (DRE #02140006).

If you’re looking to buy a home in Palmdale, Lancaster, or Los Angeles, this 8-Step Home Buying System provides a clear, compliant, and proven path from consultation to keys.

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