Frequently Asked Questions from Central California Homebuyers

Frequently Asked Questions from Central California Homebuyers

Buying a home is a major decision, especially in a diverse and dynamic area like Central California. Whether you’re purchasing your first home or your fifth, questions are bound to come up. This guide answers the most frequently asked questions from Central California homebuyers so you can move forward with clarity and confidence.

1. How much do I need for a down payment?

One of the most common misconceptions is that you need 20% down. In reality, loan types like FHA, USDA, and VA loans offer low or even zero-down options. You can learn more about loan types in this previous blog post.

2. What credit score do I need to buy a home?

Generally, a score of 620 or higher will qualify you for most conventional loans. FHA loans allow for lower scores, around 580. Lenders also look at income, debt, and job history.

3. What are closing costs and who pays them?

Closing costs typically range from 2%–5% of the home price and can be paid by the buyer, seller, or both — depending on negotiations. You can read more in our article on Closing Day in Central California.

4. Should I get pre-approved before looking at homes?

Absolutely! Getting pre-approved shows sellers you’re serious and gives you a clear budget. It’s the first step to take — read more in our guide to Getting Pre-Approved for a Loan.

5. How long does it take to buy a home?

From loan pre-approval to closing, the process typically takes 30 to 60 days, though it can vary depending on market conditions, financing, and contingencies.

6. Are there local programs or grants for buyers?

Yes! California offers programs like CalHFA for first-time buyers, and some counties have local grants. Visit NerdWallet’s list of California homebuyer programs for up-to-date information.

7. What should I look for during home tours?

Focus on condition, layout, potential repairs, and location. Bring a checklist — or better yet, refer to our post on Touring Homes in Central California.

8. Do I need a real estate agent?

A great agent brings local expertise, strong negotiation skills, and protects your interests from search to close. Learn how to choose the right agent here.

Final Thoughts

If you still have questions, you’re not alone. The homebuying journey in Central California is exciting — but it’s also complex. The best way to navigate it? Team up with a local expert who knows the ins and outs of your market.

Looking for personalized answers? Contact me here — I’m happy to help.