First Time Home Buyer in California

In this video I discuss the home buying process for first-time home buyers in California. You will get a 20-minute video of what to expect when you’re buying a home for the first time.

I am a licensed Realtor in the state of California. I primarily work in the Inland Valley of Southern California, which is Temecula, Murrieta, Wildomar, Lake Elsinore, Canyon Lake, and Menifee.


Today we’re going to be talking about how you the first-time homebuyer in California can purchase your first home. I hope you’re looking forward to this as much as I am, because I’ve got a lot of good information for you.

Five Phases of Home Buyer Process:

  • Assemble Your First Time Home Buyer Team – The first thing that you’re going to want to do is hire a real estate agent. The second part of your team is the lender. And lastly as part of your home-buyer team, what we’re going to do is make sure that you get pre-approved. You get all your documents in place with your lender, your lender is going to ask for things like your ID, federal ID or state ID, they’re going to ask for pay stubs, for proof of income, they’re going to ask for bank statements.
  • Search For Homes – In our next phase of this California first time home buyer program, you’re going to be searching for homes, your agent is going to be sending you listings of homes in the area. Once you know that that home is what you like you like the neighborhood, then you can schedule an appointment with your real estate agent to go out and look at the inside of the home. Once you’ve seen the homes that you like, and the homes that you want to put offer in, you’re going to set up a time with the agent to discuss what offers or what price you want to offer on the homes.
  • Open Escrow – At the beginning of Escrow, the Escrow company is going to reach out to the listing agent and the buyer agent and ask them to supply them contact information for the buyer and the seller. Once Escrow is opened, we also go into what’s called a contingency period. Your earnest money deposit is due three days after the signing of the contract. The next thing you’re going to receive is seller disclosures. The next report you’re going to be getting is the appraisal inspection. During the open escrow, you will also receive a title report and a natural hazard report.
  • Close of Escrow – Once the cash to close funds are in, the lender is then going to release their funds to escrow. The next step is for the Escrow company to work on the transferring of title and getting that recorded with the county clerk.
  • Move-In – The buyer’s agent is going to meet up with the listing agent to get the keys for your new home. You also want to make sure that you transfer all the utilities into your name. Normally, your first mortgage is going to be due on the first of the month or the 15th of the month depending on what day of the month that you closed.

Here is a Summary of the Home Buying Process:


  • Hire a Real Estate Agent
  • Choose a Lender
  • Get Pre-Approved


  • Review Listings
  • View Homes
  • Make Offers
  • Get an Accepted Offer


  • Contingency Period
  • Buyer Makes Earnest Money Deposit (EMD)
  • Sign Seller Disclosures
  • Sign Escrow Package
  • Home Inspection Report
  • Appraisal Inspection Report
  • Title Report
  • Natural Hazard Report
  • Conditional Loan Approval
  • Release of Contingencies


  • Final Loan Approval
  • Clear to Close
  • Buyer Funds Deposit
  • Lender Funds Deposit
  • Recording of Title
  • Close of Escrow


  • Seller moves out
  • Agent receives keys
  • Buyer moves in
  • Transfer utilities

My name is Toma Johnson, and I am a Temecula Realtor as well as a Murrieta Realtor.

I work in the Temecula real estate market, Murrieta real estate market, Menifee real estate market. I also do Lake Elsinore real estate, Canyon Lake and Wildomar real estate as a team lead of Temecula Realtors. We like to call this area the Inland Valley, but it’s better known as Temecula Valley. We are in the southwest corner of Riverside County in the Inland Empire.

Contact Me about First Time Home Buyer Programs:
Toma Johnson, Realtor®
Drive Real Estate
Ca Dre 02056291

📱 (951) 356-9586

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