How Much Earnest Money Do You Need to Buy a Home in San Diego?

Earnest money is a good faith deposit you put into escrow after a seller accepts your offer, and many explainers put it at about 1% to 2% of the price. On a $1,000,000 San Diego home, that is $10,000 to $20,000. It is not an extra fee. It is your skin in the game, and if you protect it with your con

Home Buying Contingencies in San Diego, Explained

Home buying contingencies are conditions in your offer that let you cancel the deal, or renegotiate it, without losing your deposit if something goes wrong. In San Diego, the big three are the inspection, the appraisal and your loan. Each one is a safety net with a deadline, and sellers notice which

What Are the Steps to Buying a Home in San Diego?

Buying a home in San Diego follows ten steps: set a budget, get preapproved, sign a written agreement with your agent, search, make an offer, open escrow, complete your inspections and loan, review your Closing Disclosure, do a final walkthrough, and close. The dates in your contract drive the sched