⌂ What to Expect When Buying a Home


Initial Meeting

  • Select Realtor (no charge to buyers)
  • Determine needs and wants
  • Verify timeline

Loan Qualification

  • Discuss finances with preferred lender
  • Obtain pre-approval

Find a Home

  • Select a property that fits your needs
  • Discuss offer with agent
  • Review contract with agent
  • Agent presents offer to selling side

Present and Negotiate Offer

  • Seller can accept your offer, counter your offer, or reject your offer
  • Buyer prepares "earnest money" deposit (typically, 1 to 3% of purchase price)

Open Escrow

  • Deposit "earnest money" into escrow
  • Escrow will order Title Report

Contingency Period

  • Schedule Physical Inspection of property by a qualified inspector
  • Approve seller's Transfer Disclosure Statement
  • Schedule termite inspection
  • Request repairs on safety issues discovered in inspections
  • Order property appraisal
  • Approve Preliminary Report
  • Obtain loan approval from lender

Obtain Homeowner's Insurance

  • Select insurance company and coverage
  • Insurance will be in effect at close of escrow
  • If applicable, sign home warranty documents

Down Payment

  • Need check or money transfer prior to closing date

Closing the Escrow

  • Deposit down payment and closing costs to escrow
  • Lender sends balance of purchase price to Title company
  • Deed is recorded with County Recorder's office
  • Get your keys and move in!


Contact Realtor Media Fettinger to represent you when buying a home in San Diego:

Mobile: (619) 634-8445    |    Email: Fettinger@outlook.com