Buying A Home In California Apr 2026

Before viewing properties, you must establish your purchasing power.

Buying a home in California involves a structured sequence of financial, legal, and inspection steps. Given the state's highly competitive market and unique environmental factors, the process typically takes . Phase 1: Financial Preparation buying a home in california

: Obtain a mortgage pre-approval letter from a lender. This proves to sellers that you are a serious buyer with verified assets and income. Before viewing properties

: Evaluate your credit score and savings. California buyers should plan for a down payment (averaging 13–15% , though 20% avoids PMI) and closing costs ranging from 2–5% of the purchase price. buying a home in california