Janette Matugas Real Estate
Call Janette Matugas at 253-951-2337 Email: jmatugas@comcast.net
Janette Matugas

Welcome to Janette's Web Site


 

REAL ESTATE NEWS

"Short Sales" Will Now Live Up to Its Name, Finally!

Thursday, April 19, 2012

 

I have some great news to share with that will impact the way short sale transactions are managed under the Home Affordable Foreclosure Alternative (HAFA) short sale program.

Beginning June 15, Fannie Mae and Freddie Mac will require mortgage servicers to make decisions on short sales under new guidelines, specifically:

  • to acknowledge the documentation was received within three business days;
  • to notify the borrower within five days if more paperwork is needed;
  • to review and respond to a borrower within 30 days of receiving all documentation for short sale properties (the servicer can take up to 60 days on a decision if negotiations with mortgage insurers or other stakeholders linger); and
  • to provide weekly status updates to the borrower if a short sale decision lingers past the 30 days.

The new Federal Housing Finance Agency (FHFA) guidelines are designed to assist the most inventory-constrained markets in the United States with inventory levels by moving properties through the short sale process more quickly and efficiently.

 

If you are a homeowner, and would like to learn more about short selling your home, or if you are someone looking into buying a home listed as a short sale, please call or text me at 253-951-2337 or email me at jmatugas@comcast.net.

 

 

Let me help you find your path home. Start the journey here.

Marketing and selling real estate is my full time career.  I know from experience that communication and mutual respect are keys to achieving a strong relationship.  My clients can always expect excellent and timely communication from me, on a consistent basis. 

I enjoy my career and the people I meet.  My business model is based on doing business by referral (95% of my business is through past customer/client referrals.)  My clients share their experience with their friends and family, and their friends and family come to me with the same expectations and satisfaction that they later share with their own network of friends and family... and the cycle repeats.  

Please feel free to browse through this site to explore different communities, consumer links, home improvement tips, free reports and answers to commonly asked real estate questions, and more.

Thanks for visiting my web site! 

 

Sincerely,

Janette Matugas

 


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