Barbara Pedersen
  • Female
  • Palos Hills, IL
  • United States
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Barbara Pedersen's Discussions

Is there a limit to pay to the 2nd lienholder in a non-HAFA, Fannie Mae investor short sale?

Started Nov 23, 2011 0 Replies

I went through the Fannie Mae loan workout facts sheet from 11.16.2011…Continue

 

Barbara Pedersen's Page

Latest Activity

Barbara Pedersen just added their location.
(via Member Map)

May 24, 2013
Barbara Pedersen commented on Mike Linkenauger's group Citi Short Sales
"Hello, I have an approval letter on a Citimortgage Fannie Mae loan. We lost the buyer 1 day before the approval was issued (Sep 27th). We have another buyer/contract on the same terms. How do I replace the buyer with Citi? Any special way to go…"
Oct 5, 2012
Kathy Aparo Griffin and Barbara Pedersen are now friends
Feb 3, 2012
Barbara Pedersen posted a discussion

Is there a limit to pay to the 2nd lienholder in a non-HAFA, Fannie Mae investor short sale?

I went through the Fannie Mae loan workout facts sheet from 11.16.2011https://www.efanniemae.com/sf/servicing/pdf/loanworkoutfactsheet.pdfPage - 20 HAFA Short Sale, under Costs: 6% or $6000 total to the 2nd. Pages 21-22 NON-HAFA, under Eligibility: "property must be free of other liens... other than liens that Fannie Mae will allow to be settled from the sales proceeds".There is no limit to the 2nd mentioned…See More
Nov 23, 2011
Barbara Pedersen replied to Mike Linkenauger's discussion Bank of America now allows initiation of short sale process without an offer! in the group Bank of America Short Sales
"Got the email, too. My huge concern is predetermined listing price. I much prefer to go with the market and adjust the price accordingly."
Apr 12, 2011
Barbara Pedersen commented on Mike Linkenauger's blog post 12% Commission on a short sale with Wells Fargo Financial
"This is great. Congratulations! Mike, as you said, if other servicers/lenders followed suit they would be much better off and this mess would be over sooner."
Mar 10, 2011
Barbara Pedersen is now friends with ZUBARIA LATIF and Dana Harris Carter
Feb 9, 2011
Barbara Pedersen left a comment for Dana Harris Carter
"Hello Dana, thank you for adding me. Of course I will keep you in mind for referrals. Thanks a lot."
Feb 9, 2011
Barbara Pedersen updated their profile
Feb 4, 2011
Barbara Pedersen commented on Mike Linkenauger's group Short Sale Referrals
"Hello everyone. Chicago and South Chicagoland here. Any referrals welcome.  Email: b.pedersen@comcast.net. Great to be a member of this group!"
Feb 4, 2011
Barbara Pedersen gave a gift to Rob E. Kirchner
Feb 4, 2011
Barbara Pedersen and Rob E. Kirchner are now friends
Feb 4, 2011
Barbara Pedersen replied to Nancy Hodgson, GRI, SFR's discussion New Quirk: Short Sale after Discharge in Chapter 7 Bankruptcy? in the group Short Sale Q and A
"Exactly. I had a client who did a short sale, after his bankruptcy had been discharged, for this very reason. Although his property was included in the bankruptcy he said he did not need both: foreclosure and bankruptcy on his credit report. …"
Feb 4, 2011
Barbara Pedersen replied to Jennifer Escobar's discussion Bank of America negotiator stated that the "Investor" decided not to postpone my sale date and proceed to foreclose! in the group Bank of America Short Sales
"Hello Jennifer, congratulations to you. This is great news. Would you please send me the contact number and/or e-mail address for the VP of Default Resolution that you used. I am in a similar situation right now & could use help. Thank you!"
Dec 5, 2010
Barbara Pedersen commented on Mike Linkenauger's group Bank of America Short Sales
"Andrew, thank you. That explains it, must be state specific. We are in Illinois."
Dec 3, 2010
Barbara Pedersen commented on Mike Linkenauger's group Bank of America Short Sales
"I have just received an approval letter from BOA, only one mortgage. The right to deficiency was waived. It is a traditional short sale not HAFA. The language is: "Upon receipt of the agreed amount, BAC Home Loans Servicing, LP, and/or its…"
Dec 3, 2010
Barbara Pedersen commented on Toby Boyce's group PNC/National City
"Hello everybody, I have a second with PNC now. Phil, 18K what % of the loan was it?"
Dec 2, 2010
Barbara Pedersen commented on Toby Boyce's group PNC/National City
"Mike, I just e-mailed PNC Bank short sale package to Dominick's e-mail. I got it yesterday. I do not know how to post it on the site, sorry."
Dec 2, 2010
Barbara Pedersen joined Andy Morris's group
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Pull out all the stops

O.K. Your pissed as hell. Your deal has been on ice and the bank simply isn't responding at all and it is marching towards foreclosure sale. You have nothing left to lose. Do you become snarling b*? Do you send a fax bomb? Call channell 3?See More
Dec 2, 2010
Barbara Pedersen joined Toby Boyce's group
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PNC/National City

Insight into those that are doing short sales with PNC or the former National City Mortgage.
Nov 2, 2010

Profile Information

Occupation
Realtor
Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
Illinois, Greater Chicago Area, South Cook, Will and DuPage Counties

ALSIP, BERWYN, BRIDGEVIEW, BEDFORD PARK, BURBANK, CHICAGO RIDGE, COUNTRY CLUB HILLS, CLARENDON HILLS, CRESTWOOD, ELMWOOD PARK, EVERGREEN PARK, HICKORY HILLS, HODKINS, HOMETOWN, HOMER GLEN, JUSTICE, LAGRANGE, LAGRANGE PARK, LEMONT, LOCKPORT, MIDLOTHIAN, OAK FOREST, OAK LAWN, ORLAND PARK, PALOS HEIGHTS, PALOS PARK, PALOS HILLS, RIVERSIDE, ROMEOVILLE, STICKNEY, TINLEY PARK, WILLOWBROOK, WILLOW SPRINGS, WORTH, 60605-CHICAGO/SUMMIT ARGO, 60629-CHICAGO, 60652-CHICAGO,
60655-CHICAGO,
Website
http://www.greatonlinehomes.com/shortsales
Short Sale Transactions Completed
25-50
Do you have any experience in Commercial Real Estate? If so, do you have the CCIM or any commercial designations? How many commercial transactions and dollar volume have you CLOSED?
Some experience but not recent
About Me/Profile of yourself: - Please add your Brokerage Company name also!
Short Sale Specialist, Short Sale Listing Agent,
CSSG/Certified Short Sale Guide
SFR/Short Sale and Foreclousure Resource,
Partner First/ServiceLink Preforeclosure Specialist Certified
ADPR/Accredited Distressed Property Representative,
CVP/BPO Certified through NABPOP
Equator, RES.NET, Realty Pilot
NFSTI Certified REO Specialist, RDCPro Certified,
HRC/Home Retention Consultant,
e-PRO/Certified Internet Expert,
ABR/Accredited Buyer's Representative

Classic Realty Group
Orland Park, Illinois
Put in todays date! This is to help stop spammers!
April 27, 2010
PLEASE READ THIS!!! - This site is primarily for Realtors, REAL buyers or sellers with questions are welcome to ask, anyone here for other purposes may be banned. 1. Because this site is primarily for agents agents, Any soliciting is pointless and is not allowed. Please do not sell or promote products or services in any way, directly or indirectly. Do not link or sneak in links promoting your services on comments, posts, discussions or blogs. You may have links on your profile pages to your websites as long as your are not selling things other than real estate! Again, absolutely no outgoing links to your websites, blogs or listings 2. Do not speak disparagingly about members on this site. This community is meant to be helpful, and we are here to help each other. 3. We reserve the right to delete content and/or ban members that violate these rules. 4. Member Name (Full Name Field) format must be FIRST NAME, then LAST NAME! Please no company names, DESIGNATIONS, or website in the name field! Please read the terms of service under the "home" tab! IF YOU AGREE TO THESE TERMS, PLEASE TYPE "I AGREE" IN THE BOX BELOW!! Thanks for your cooperation, and welcome to the Network!
I agree

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At 8:29am on August 05, 2010, Mike Linkenauger gave Barbara Pedersen a gift
At 7:04pm on June 08, 2010, Mike Linkenauger gave Barbara Pedersen a gift
At 9:19am on June 07, 2010, Jesus (Jesse) Gonzalez gave Barbara Pedersen a gift
Gift
You're welcome
At 9:48pm on April 27, 2010, Mike Linkenauger said…
Welcome to the site Barbara! I love your page on here!!
 
 
 


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