What is appraisal gap and appraisal gap coverage? This is stuff that we don't talk about in real estate all the time, but in this a very competitive market and this is coming up on a lot of offers and this might be the reason why you're not writing a strong enough offer to get the house that you want. So we're going to use really simple numbers today and we're going to use really basic loan structures.

We're going to use a $100,000 offer (which as you know in this market really doesn't exist) and we'll talk about a loan that is an 80/20 loan.

So, this is a 80% loan to value 20% is the down payment. This is pretty standard in a conventional loan. In that situation, the buyer would need to bring $20,000 down to buy a $100,000 house, and the bank would lend them the $80,000. The purpose of the appraisal is for the bank to establish the value of the home, because we have to remember, banks are taking a risk by  lending you money. So, they have to assume that you're going to de. ...

This is Josh Orrantia with Country Real Estate. Welcome to our Wizard Wednesdays. This is our opportunity to take real estate and break it down into a 101. So it's very easy for all of you to understand.
A lot of misconceptions out there on what you have to have, what your credit score should look like, what kind of money you should have in the bank what kind of loans are available and how do you get those? We can talk a little bit about how you project looking at rates and we'll talk about what rates mean in this conversation as well.
What is the most important thing or what are the most important things when you get a loan? What do you have to have ready to go when you talk to a loan officer?

Well, the most important thing in getting pre-approved for a loan is starting early in the process So the biggest mistake I see buyers make is that they just assume that they'll be able to get a loan. It happens so often that the buyer spills out the application, sends over the documents ...

Veterans! Step away from the cold and join us on November 11th, 2021 from 9am to 1pm for Donuts and Coffee here at our office. We want to honor our veterans and be able to help in any way possible. 

So come on in to enjoy good coffee, share your stories and even charge your phone. We want to remind all our veterans as well that we are here for YOU anytime, anyday. Veterans, you are always welcome here.

Veterans Day, Armistice Day, was proclaimed November 11, 1919 by President Woodrow Wilson after the first World War came to an end. “To us in America, the reflections of Armistice Day will be filled with lots of pride in the heroism of those who died in the country’s service and with gratitude for the victory, both because of the thing from which it has freed us and because of the opportunity it has given America to show her sympathy with peace and justice in the councils of the nations.”

We want to send out a special thank you to our veterans. Thank you f ...

Though it may not feel like it yet, winter is coming, and wee need your help!
We partnered up with the Salvation Army for this years “Kids Coat Drive”! From now until October 20th, Country Real Estate, in conjunction with the Tehachapi Area Association of REALTORS®, is collecting jackets, sweaters, blankets, and anything warm!
Remember in 2019 when it was Halloween, and everyone was out for Trick-or-treat and it was FREEZING? The cold season can come any minute now and we want to ensure that every child is warm during that time. 
Back in January, we partnered up with Salvation Army to get donations for more jackets.
Jeannette, one our amazing real estate agents has a challenge for you….

So go into the storage bins, collect all the warm clothes that you can find and donate!
You may donate at any of these locations: 
- TAAR Office - 20705 South St. Ste A. in the Valley Oaks Commerce Center across from PDub's.

- Country Real Estate ...