Kathryn Davis's (kathrynmdavis) Blog

In a recent article I wrote on Google News I mentioned that some homeowners are choosing to have their homes foreclosed on and a percentage of those homeowners are doing what is called a buy and bail.  And that I have seen this practice in Southern California in the Inland Empire and San Diego ar...

Well if anyone here reads my articles on FreeRateUpdate.com and Google News then this is no suprise as I have predicted this.  Existing home sales dropped again almost 17%!  We thought with the new home buyers tax credit sales would surge and we would be on the upswing of the housing crisis.  Tha...

Hello Active Rain people.  Let me ask you something.  What in your opinion makes a successful realtor?  This is something that I struggle with.  If you close 10 transactions a month?  If you close 10 transactions a year?  What if you close 2 transactions a year but have educated hundreds of homeo...

I have had the pleasure of meeting with HELP founder Chris Sorrenson a few times and I am pleased to promote his program! For those of you who don't know, HELP- Homeownership Education Learning Program is backed by Riverside County, a non profit organization aimed at educating homeowners on their...

I have had quite a few homeowners ask me if they do a Loan Modification how and will it show or affect their fico.  Well after doing some research here is my answer.  FICO credit scores are calculated from information in consumer credit reports.  How or if a loan mod affects a person's fico score...

According to CNN Housing prices are "flattening out" NEW YORK (CNNMoney.com) -- Home price gains earlier this year flattened out in October, according to a report issued Tuesday. Those of us in the real estate business here in Southern California especialy where I am in the Inland Empire have see...

One of the biggest questions that I receive when talking to homeowners is "if my home is foreclosed on, how long do I have to wait before I can buy again?"  The answer is..... According to Fannie Mae Guidelines it is 5 years from the date the foreclosure sale was completed.  There are of course a...

I recently heard from a wise man in our industry who also shares my opinion that it is NOT the healthcare industry that needs reform, but the mortgage lending industry.  I cannot even believe how scary it will be if this healthcare reform bill passes.  I am only 33 but I know that if it passes I ...

I am proud to be offering a Foreclosure Prevention Class through Riverside Parks and Recreation here in the Inland Empire.  This class will be offered in the new spring calendar and is open to homeowners and realtors.  We will be talking about the effective ways to avoid foreclosure, the pros and...

Depending on what news channel you listen to or website you look at the forecasts for 2010 are either full of optimism or doomsday predictions.  The reality of it as I see it is realistically it depends.  Most of us with our finger on the pulse of this foreclosure situation believe that the first...