Harold Penner's (haroldpenner) Blog

Flooding the news this week are announcements of new and existing foreclosures  being suspended due to national attention regarding the legality of lender’s review of paperwork and transfer of title. Attorney Generals in all 50 states have launched investigations regarding lender’s foreclosure pr...

Home Affordable Foreclosure Alternatives (HAFA) You may have received a letter from your lender notifying you of a new government programs for homeowner mortgage assistance called "Home Affordable Foreclosure Alternatives (HAFA)."   This program appears to hold some promise for streamlining the l...

HAROLD PENNER:  Fresno Real Estate Market Analysis Fresno Condos: A Good Buy? One of the questions often asked by clients is, "Are condominiums a good investment in the Fresno County area?"  Current Price:Certainly, the price is compelling.  Investors, first time home buyers and retirees are curr...

HAROLD PENNER: Fresno Real Estate Market Analysis Craigslist Real Estate Scams  As with any form of free online advertising, Craigslist.org provides a perfect vehicle for scammers to prey upon people searching for real estate.  These scams are now taking on a disturbing level of sophistication. ...

HAROLD PENNER: Fresno Real Estate Market Analysis California Short Sale Tax Awareness! As many of you know, one of my specialties is short sales.  For those who have explored all other options and are faced with the unfortunate reality of being unable to continue to own their home, a short sale ...

HAROLD PENNER: Fresno Real Estate Market Analysis 2010 Hot Real Estate Deals! A lot of my buyers interested in newer homes are being lured by the prices of Fresno homes along the Highway 99 corridor. New communities sprang up along the 99 during the housing boom of 2005 and 2006 and now with so m...

HAROLD PENNER: Fresno Real Estate Market Analysis2010 Clovis Property Trends!I have had an increasing number of buyers seeking suburban (over an acre) residential property on the outskirts of Clovis. They are primarily move-up buyers eager for space and privacy, but still desiring a closer proxim...

HAROLD PENNER: Fresno Real Estate Market AnalysisMission of the Heart!This Christmas season I am reminded of all good that can come from people. I had the privilege of working with a buyer and seller on a unique sale this fall. An investor bought a foreclosed home in the south Fig Garden area of...

HAROLD PENNER: Fresno Real Estate Market AnalysisTax Credit Extended!The big real estate news this month is the extension of the federal tax credit for first-time home buyers from November 30, 2009 to April 30, 2010. A first time home buyer is defined as a buyer who has not owned a principal res...

  HAROLD PENNER: Fresno Real Estate Market AnalysisFirst Time Home Buyers - Cashing In!Tax Credit Deadline Approaching!The clock is ticking and the rush is on for first time home buyers to cash in on the $8000 federal tax credit. They must close escrow by November 30, 2009. With escrows typically...