Contact the Lending Arm of your choice: BofA, Wells Fargo, etc... Then again many Buyers feel more comfortable with a Mortgage Banker or Broker like Ivy Scott of Franklin Loan Center (760) 399-6654. AA referral from someone you respect to a professional they respect is worth it's weight in gold. It is absolutely essential to ensure a successful and timely contract acceptance by being pre-qualified with a letter evidencing same available to your Real Estate Agent or Realtor; and
You need a Great Realtor who can assist you with the intricacies of a contract and answer all your questions. If you are not working with anyone at this time, I ask that you check my recommendations here in Trulia and consider being the next success story in my history.
HENA MARTIN BROKER .760-251-2868
Once you have your loan qualification in hand you can write an offer. If it is a traditional sale and there is nothing unusual in your financing you could close in 30 to 45 days as agreed to by both buyer and seller. If it is a short sale, rehab loan, or other non-traditional sales the timing will vary.
You should interview and select a buyer agent who will be your advocate. Your agent will review the loan products you are offered, discuss the properties you are interested in, and take you through the entire process. Your agent is paid through the seller. So there is no reason not to select one agent to help you.
Have an amazing day and good luck.
All of the terms of the "Residential Purchase Agreement" are negotiable. With that being said, most of the banks have specifics that they will look for. The rule of thumb is: the shorter the escrow, cash purchase, and less or no contingencies tends to be a stronger offer. Keep in mind, even though you may state you will close escrow in 15 days, the bank may not be able to turn the paperwork over fast enough. But they would still consider that to be a stronger offer than someone with a longer time frame.
If you are financing the purchase, there are steps that will need to be taken for the approval, and this will entail certain guidelines to qualify. Including, but not limited to: credit score, income to debt ratio, cash reserves, employment history, etc.
Let me know if you need help qualifying, finding, and purchasing your new home.