{"id":5112,"date":"2023-05-02T10:15:27","date_gmt":"2023-05-02T10:15:27","guid":{"rendered":"https:\/\/alturasrealty.com\/?p=5112"},"modified":"2023-08-21T11:13:46","modified_gmt":"2023-08-21T11:13:46","slug":"how-to-buy-a-home-in-alhambra","status":"publish","type":"post","link":"https:\/\/alturasrealty.com\/how-to-buy-a-home-in-alhambra\/","title":{"rendered":"How to Buy a Home in Alhambra?"},"content":{"rendered":"\n<p><span style=\"font-weight: 400;\">The real estate market of Alhambra is undoubtedly one of the most active and competitive housing industries in the United States.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Whether you are planning to buy a home in Alhambra for your family or buy property as an investment, Alhambra will amaze you with its high-profit rate, especially in long-term investments.<\/span><\/p>\n\n\n\n<figure class=\"wp-block-video\"><video controls src=\"https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/How-to-Buy-a-Home-in-Alhambra.mp4\"><\/video><\/figure>\n\n\n\n<p><span style=\"font-weight: 400;\">Being a home to many leading educational institutes of California as well as being a hub to many small businesses and startup companies, <a href=\"https:\/\/alturasrealty.com\/alhambra\/\">buying a home in Alhambra<\/a> is a worthy decision.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">However, as profitable as <a href=\"https:\/\/alturasrealty.com\/buying-real-estate-your-ultimate-alhambra-guide\/\">Alhambra real estate<\/a> market is, it is also quite complex. So following the right path and making smart moves throughout the buying process is critical to make your home buying experience in Alhambra successful and profitable.<\/span><\/p>\n\n\n\n<p>Related: <a href=\"https:\/\/alturasrealty.com\/pros-and-cons-of-living-in-alhambra\/\">Pros and Cons of Living in Alhambra<\/a><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_55 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\" role=\"button\"><label for=\"item-662d710d82606\" ><span class=\"\"><span style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input aria-label=\"Toggle\" aria-label=\"item-662d710d82606\"  type=\"checkbox\" id=\"item-662d710d82606\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/alturasrealty.com\/how-to-buy-a-home-in-alhambra\/#Step-By-Step_Guide_to_Buy_a_Home_in_Alhambra_CA\" title=\"Step-By-Step Guide to Buy a Home in Alhambra, CA\">Step-By-Step Guide to Buy a Home in Alhambra, CA<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/alturasrealty.com\/how-to-buy-a-home-in-alhambra\/#1_Mark_Your_Budget_and_Start_Saving_for_the_Down_Payment\" title=\"1. Mark Your Budget and Start Saving for the Down Payment\">1. Mark Your Budget and Start Saving for the Down Payment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/alturasrealty.com\/how-to-buy-a-home-in-alhambra\/#2_Find_a_Suitable_Loan_Scheme_and_Get_Pre-approved_for_a_Mortgage\" title=\"2. Find a Suitable Loan Scheme and Get Pre-approved for a Mortgage\">2. Find a Suitable Loan Scheme and Get Pre-approved for a Mortgage<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/alturasrealty.com\/how-to-buy-a-home-in-alhambra\/#3_Get_Yourself_a_Reliable_Real_Estate_Agent\" title=\"3. Get Yourself a Reliable Real Estate Agent\">3. Get Yourself a Reliable Real Estate Agent<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/alturasrealty.com\/how-to-buy-a-home-in-alhambra\/#4_Start_Searching_for_Your_Dream_Home\" title=\"4. Start Searching for Your Dream Home\">4. Start Searching for Your Dream Home<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/alturasrealty.com\/how-to-buy-a-home-in-alhambra\/#5_Make_an_Offer_to_the_Selling_Party\" title=\"5. Make an Offer to the Selling Party\">5. Make an Offer to the Selling Party<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/alturasrealty.com\/how-to-buy-a-home-in-alhambra\/#6_Schedule_Home_Inspection\" title=\"6. Schedule Home Inspection\">6. Schedule Home Inspection<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/alturasrealty.com\/how-to-buy-a-home-in-alhambra\/#7_Close_the_Deal\" title=\"7. Close the Deal\">7. Close the Deal<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/alturasrealty.com\/how-to-buy-a-home-in-alhambra\/#How_to_Buy_a_Home_in_Alhambra_FAQs\" title=\"How to Buy a Home in Alhambra FAQs\">How to Buy a Home in Alhambra FAQs<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/alturasrealty.com\/how-to-buy-a-home-in-alhambra\/#What_are_the_eligibility_criteria_for_buying_a_home_in_Alhambra\" title=\"What are the eligibility criteria for buying a home in Alhambra?\">What are the eligibility criteria for buying a home in Alhambra?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/alturasrealty.com\/how-to-buy-a-home-in-alhambra\/#I_am_not_a_resident_of_California_can_I_still_buy_a_home_in_Alhambra\" title=\"I am not a resident of California, can I still buy a home in Alhambra?\">I am not a resident of California, can I still buy a home in Alhambra?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/alturasrealty.com\/how-to-buy-a-home-in-alhambra\/#How_long_does_it_take_to_buy_a_home_in_Alhambra\" title=\"How long does it take to buy a home in Alhambra?\">How long does it take to buy a home in Alhambra?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/alturasrealty.com\/how-to-buy-a-home-in-alhambra\/#Final_Thoughts\" title=\"Final Thoughts&nbsp;\">Final Thoughts&nbsp;<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step-By-Step_Guide_to_Buy_a_Home_in_Alhambra_CA\"><\/span><span style=\"font-weight: 400;\">Step-By-Step Guide to Buy a Home in Alhambra, CA<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">Here, we have enlisted a complete step-by-step guide on how to buy a home in Alhambra, California. So, let&#8217;s dig in\u2026.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_Mark_Your_Budget_and_Start_Saving_for_the_Down_Payment\"><\/span><span style=\"font-weight: 400;\">1. Mark Your Budget and Start Saving for the Down Payment<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><span style=\"font-weight: 400;\">Saving for a down payment is one of the biggest financial aspects of buying a home in Alhambra. Although, the down payment is considered to be 20% of the total home&#8217;s cost. However, certain mortgage programs allow buyers to pay around 3% to 5% as a down payment.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Therefore, you should start saving money for a down payment before finding your dream home in Alhambra.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Find_a_Suitable_Loan_Scheme_and_Get_Pre-approved_for_a_Mortgage\"><\/span><span style=\"font-weight: 400;\">2. Find a Suitable Loan Scheme and Get Pre-approved for a Mortgage<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible-1024x576.png\" alt=\"How to Buy a Home in Alhambra\" class=\"wp-image-5117\" title=\"\" srcset=\"https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible-1024x576.png 1024w, https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible-300x169.png 300w, https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible-768x432.png 768w, https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><span style=\"font-weight: 400;\">Whether you are a first-time home buyer or a seasoned investor, many mortgage programs fulfill your needs and lend you money to buy your dream property in Alhambra.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Also, every mortgage program has different eligibility criteria and regulations.&nbsp;&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Here, we have enlisted a few mortgage programs available in Alhambra. Let&#8217;s have a quick look at them!&nbsp;<\/span><\/p>\n\n\n\n<ul>\n<li><b>Fixed Rate Mortgage (FRM) Loans:<\/b><span style=\"font-weight: 400;\"> It is the most common type of mortgage loan for buying property in Alhambra. It has a fixed-rate interest ratio, and it doesn&#8217;t change during the paying back of the loan money.<\/span><\/li>\n\n\n\n<li><b>Adjustable Rate Mortgage (ARM) Loans:<\/b><span style=\"font-weight: 400;\"> In it, the interest payment may change depending on the condition of the real estate and economic market. However, a certain time limit is set before the interest rate changes.<\/span><\/li>\n\n\n\n<li><b>Federal Housing Administration (FHA) Loans:<\/b><span style=\"font-weight: 400;\"> These loans are secured and powered by the Federal Housing Administration of California with minimum mortgage rates and a down payment ratio.<\/span><\/li>\n\n\n\n<li><b>Veterans Affairs (VA) Loans:<\/b><span style=\"font-weight: 400;\"> This mortgage loan program is available for veteran servants and their families. The Department of Veterans Affairs powers it and has low-interest rates with no down payment.<\/span><\/li>\n\n\n\n<li><b>United States Department Of Agriculture (USDA) Loans: <\/b><span style=\"font-weight: 400;\">This mortgage program is particularly for people with low to moderate income from rural areas. It doesn&#8217;t have down payment requirements as well as credit score fulfillment criteria.<\/span><\/li>\n\n\n\n<li><b>Fannie Mae Home Ready: <\/b><span style=\"font-weight: 400;\">It is for moderate-income holding borrowers, and first-time homeowners and repeat buyers are eligible for this loan.<\/span><\/li>\n\n\n\n<li><b>Home Possible Mortgage Loans:<\/b><span style=\"font-weight: 400;\"> Home Possible and Home Possible Advance are two mortgage loan programs created by Freddie Mac. It has down payment criteria from 3% to 5% and is the best option for first-time and young home buyers.<\/span><\/li>\n<\/ul>\n\n\n\n<p><span style=\"font-weight: 400;\">So, after thorough homework, make sure that you choose the mortgage programs that fulfill your financial needs and that their eligibility criteria match your situation.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">And then, get yourself a pre-approval of a mortgage loan from the lender. This authenticates that you are an eligible buyer with enough financial assets to buy a home from the seller.&nbsp;&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Get_Yourself_a_Reliable_Real_Estate_Agent\"><\/span><span style=\"font-weight: 400;\">3. Get Yourself a Reliable Real Estate Agent<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><span style=\"font-weight: 400;\">Getting a reliable<a href=\"https:\/\/alturasrealty.com\/agents\/\"> real estate agent<\/a> for your home-buying process in Alhambra is critical. Your agent will not only make your experience easy, smooth, and trouble-free but will open hundreds of gates with better housing options.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">From finding the right home from all over Alhambra to managing the payment and legalities of the process, hiring a reliable real estate agent can be your best decision.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">While choosing a real estate agent, pay attention to the following aspects:<\/span><\/p>\n\n\n\n<ul>\n<li><span style=\"font-weight: 400;\">Years of experience<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Number of transactions and deals in last year<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">&nbsp;Reviews and complaints<\/span><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_Start_Searching_for_Your_Dream_Home\"><\/span><span style=\"font-weight: 400;\">4. Start Searching for Your Dream Home<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible-4.png\" alt=\"How to Buy a Home in Alhambra\" class=\"wp-image-5116\" title=\"\" srcset=\"https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible-4.png 1280w, https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible-4-300x169.png 300w, https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible-4-1024x576.png 1024w, https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible-4-768x432.png 768w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/figure>\n\n\n\n<p><span style=\"font-weight: 400;\">Here comes the most exciting part of your whole home-buying journey, your \u201cDream Home\u201d hunting. However, it is also the most time-consuming, effort-requiring, and boring process!&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Before starting the search for your home, understand the needed space for your family and nearby transportation options, and reach towards necessities like grocery stores, schools and hospitals.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">You can also work on specific neighborhoods in Alhambra that suit your or your family\u2019s needs. Here are five ways by which you can find your dream home in Alhambra:<\/span><\/p>\n\n\n\n<ul>\n<li><span style=\"font-weight: 400;\">Begin your search by asking for referrals from your family and friends. They may find a home for their needs in their neighborhood, with relatives, or in the neighborhood.&nbsp;<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Look for digital options like home inventories, listings, and advertisements on social media platforms like Facebook.&nbsp;<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Drive in your targeted neighborhood and find signs of \u201cOn-Sale\u201d and \u201cOpen Houses.\u201d Visit the staging and open houses to review homes.&nbsp;<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Ask your real estate agent to find a home for you.\u00a0<\/span><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Make_an_Offer_to_the_Selling_Party\"><\/span><span style=\"font-weight: 400;\">5. Make an Offer to the Selling Party<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><span style=\"font-weight: 400;\">Once you find the home of your dreams in the beautiful city of Alhambra, it is time to make a compelling offer to the selling party and start the chain of negotiations until they are convenient to sell their home to you or you decide to step back from the offer.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">In the offer letter, your real estate agent will include your pricing offer, buying condition, and other details. And To convince the sellers, you may compliment the home and show flexibility. However, make sure not to sound competitive for the deals.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Once the offer letter is sent to the seller\u2019s real estate agent, you may receive an answer from them, either accepting the offer or rejecting the offer with space for negotiations. Then, your agent will issue a counteroffer until the deal is closed or dismissed.&nbsp;<\/span><\/p>\n\n\n\n<p>Related: <a href=\"https:\/\/alturasrealty.com\/how-to-buy-a-house-for-the-first-time\/\">How to Buy a House for the First Time<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6_Schedule_Home_Inspection\"><\/span><span style=\"font-weight: 400;\">6. Schedule Home Inspection<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible-3.png\" alt=\"How to Buy a Home in Alhambra\" class=\"wp-image-5115\" title=\"\" srcset=\"https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible-3.png 1280w, https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible-3-300x169.png 300w, https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible-3-1024x576.png 1024w, https:\/\/alturasrealty.com\/wp-content\/uploads\/2023\/05\/Is-Selling-My-House-in-One-Day-Possible-3-768x432.png 768w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/figure>\n\n\n\n<p><span style=\"font-weight: 400;\">Before closing the deal, you may have to schedule a professional home inspection session to truly understand the home\u2019s condition and worth. In this session, the following aspects of the houses are observed:<\/span><\/p>\n\n\n\n<ul>\n<li><span style=\"font-weight: 400;\">Structural defects<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Roof condition<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Working on the HVAC system<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Electric system<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Plumbing and drainage system<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Condition of doors, windows, and cabinets<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Tiles, walls, and ceiling condition<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Working fire alarms and carbon mono-oxide detectors<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Pests and mold infestation<\/span><\/li>\n<\/ul>\n\n\n\n<p><span style=\"font-weight: 400;\">Through this home inspection, you will have a clear image of the worth of your potential home. And by this, you can negotiate the rates with the seller.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7_Close_the_Deal\"><\/span><span style=\"font-weight: 400;\">7. Close the Deal<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><span style=\"font-weight: 400;\">Finally, this is the step of getting the house keys and furniture, painting, and other products. But before this, your real estate agent will do hundreds of legal paperwork for the buying process along with paying the closing fees, which can be between 2% to 5% of the total property\u2019s cost.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Buy_a_Home_in_Alhambra_FAQs\"><\/span><strong>How to Buy a Home in Alhambra FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_eligibility_criteria_for_buying_a_home_in_Alhambra\"><\/span><b>What are the eligibility criteria for buying a home in Alhambra?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><span style=\"font-weight: 400;\">The eligibility criteria for buying a home in Alhambra include having a credit score of more than 650, having enough funds for a down payment, having an appropriate debt-to-income history, and having a stable income. You may also need many financial documents for buying a home, like bank statements, paid utility bill receipts, tax returns, and investment account statements.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"I_am_not_a_resident_of_California_can_I_still_buy_a_home_in_Alhambra\"><\/span><b>I am not a resident of California, can I still buy a home in Alhambra?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><span style=\"font-weight: 400;\">There are no restrictions regarding citizenship and buying property in California. Therefore, a non-US resident can buy a home in Alhambra as long as you are fulfilling the eligibility criteria and have enough money to afford a home.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_long_does_it_take_to_buy_a_home_in_Alhambra\"><\/span><b>How long does it take to buy a home in Alhambra?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><span style=\"font-weight: 400;\">Buying a house in Alhambra is a prolonged and complex process. On average, finding the right home to buy will take around 2 to 3 months, while negotiations, inspections, and closing the deal will take around 3 to 4 months. So, all together, buying a home in Alhambra can take around 5 to 6 months.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Final_Thoughts\"><\/span><span style=\"font-weight: 400;\">Final Thoughts&nbsp;<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">Ready to<a href=\"https:\/\/alturasrealty.com\/\"> buy a home<\/a> in the exciting city of Alhambra but don\u2019t know how exactly you have to proceed?&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">No need to worry because now you know it!&nbsp;From saving money for a down payment, follow the steps rightly and make your buying process profitable, smooth, and quick.&nbsp;<\/span><\/p>\n\n\n\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are the eligibility criteria for buying a home in Alhambra?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The eligibility criteria for buying a home in Alhambra include having a credit score of more than 650, having enough funds for a down payment, having an appropriate debt-to-income history, and having a stable income. You may also need many financial documents for buying a home, like bank statements, paid utility bill receipts, tax returns, and investment account statements.\u00a0\"}},{\"@type\":\"Question\",\"name\":\"I am not a resident of California, can I still buy a home in Alhambra?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There are no restrictions regarding citizenship and buying property in California. Therefore, a non-US resident can buy a home in Alhambra as long as you are fulfilling the eligibility criteria and have enough money to afford a home.\u00a0\"}},{\"@type\":\"Question\",\"name\":\"How long does it take to buy a home in Alhambra?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Buying a house in Alhambra is a prolonged and complex process. On average, finding the right home to buy will take around 2 to 3 months, while negotiations, inspections, and closing the deal will take around 3 to 4 months. So, all together, buying a home in Alhambra can take around 5 to 6 months.\u00a0\"}}]}<\/script><!--FAQPage Code Generated by https:\/\/saijogeorge.com\/json-ld-schema-generator\/faq\/--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The real estate market of Alhambra is undoubtedly one of the most active and competitive housing industries in the United States.&nbsp; Whether you are planning to buy a home in Alhambra for your family or buy property as an investment, Alhambra will amaze you with its high-profit rate, especially in long-term investments. Being a home [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5113,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"_links":{"self":[{"href":"https:\/\/alturasrealty.com\/wp-json\/wp\/v2\/posts\/5112"}],"collection":[{"href":"https:\/\/alturasrealty.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alturasrealty.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alturasrealty.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alturasrealty.com\/wp-json\/wp\/v2\/comments?post=5112"}],"version-history":[{"count":14,"href":"https:\/\/alturasrealty.com\/wp-json\/wp\/v2\/posts\/5112\/revisions"}],"predecessor-version":[{"id":6195,"href":"https:\/\/alturasrealty.com\/wp-json\/wp\/v2\/posts\/5112\/revisions\/6195"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alturasrealty.com\/wp-json\/wp\/v2\/media\/5113"}],"wp:attachment":[{"href":"https:\/\/alturasrealty.com\/wp-json\/wp\/v2\/media?parent=5112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alturasrealty.com\/wp-json\/wp\/v2\/categories?post=5112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alturasrealty.com\/wp-json\/wp\/v2\/tags?post=5112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}