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jason b: Great Time to Buy Real Estate! - 12/19/07 06:23 PM
Salt Lake City, Utah:  Draper, a city just outside of Salt Lake is giving some great Christmas gifts by way of real estate.  I have a client on the lending side of my business looking at purchasing a home from a Lender on a Short Sale.  The home is in a location that is famous right now for mortgage fraud, and the lender is looking to just get rid of the property.  The home was purchased 12 months ago using 100% financing (Yep one of those!)  The two liens totled $680,000 the 1st was $544,000 and the 2nd was $136,000.  Now … (2 comments)

jason b: Jason Botelho's Tip of the Week for Real Estate Professionals: "Thank You!" - 11/21/07 04:10 PM
Tomorrow is the Thanksgiving Season celebrated around the country.  What a wonderful occasion.  This is the time to give Thanks.  I can think of no better gift than the gift of thanksgiving.  We as agents should always remember to give thanks.  To those of you who do not subscribe to the "Secret" or have not heard of the Law of Attraction, I wanted to paste a quote from Rhonda Byrne Creator of: "The Secret".  This is a wonderful gift to each of us this Holiday season.  Let's all commit to finding 100 things to be grateful for this Thanksgiving:  Remember, "Without … (3 comments)

jason b: List vs Sale...What's the Difference? - 11/19/07 11:13 AM
As a real estate professional (For more on my background click here), I am always interested in giving good information to my clients.  I have found over the years that many are confused with the terms: "List" and "Sale".  I would like to give an explanation to these two terms here.  Let's start with Sale, this is the actual price your home will sell for in the market.  It is the price at which a reasonable buyer will pay for your home.  List means the price you as a property owner would like to get!  I must be clear that the terms are … (4 comments)

jason b: Hot Marktet in Saratoga Springs, Utah??? - 11/16/07 11:35 AM
This table shows the current real estate activity for Saratoga Springs Utah.  There are some great opportunities for homes that are priced right!  The numbers in the lower price ranges are seeing the most activity right now.  Homes priced at or below $350,000 will see some good activity if priced correctly.  This means that a home with 2,500 sqft, 3 beds, 2.5 baths priced at $335,000 is probably over priced right now.  That home should be priced around $245,000 right now!  I know, I know a lot of you are saying that's ridiculous!  I say take a look at the market … (0 comments)

jason b: What's Hot and What's Not in Real Estate - 11/14/07 03:46 AM
 We are well into November 2007 here in Utah. I wanted to take a few moments and give some updates to the Real Estate Market. It's been no big surprise that the market has seen some slowing and even reversing in some areas, but there are some Hot parts of the market right now. I wanted to touch on some of those areas today and give some information on those parts that are not moving very well right now! A lot of the current information I'll be giving here will come from the Salt Lake MLS. Below is a table that … (6 comments)

jason b: How's Utah's Real Estate Market? - 11/10/07 12:06 PM
Based on historical data (mostly gathered by the MLS), the Utah Real Estate Market is slowing and slowing quickly! How quickly? Depends on who you talk to. This Real Estate Professional predicts rapid slowing in both the new construction and re-sale markets in Utah. The mortgage industry has tighten thier requirements although the Fed just lowered the target to the Fed Funds by a 1/4 of percent to 4.5% This should spark an increase in short-term lending, but lends us to ask: "What about inflation?" These external factors will play an integeal part of our Utah Real Estate Market. Our Market … (0 comments)

 

Jason Botelho

Saratoga Springs, UT

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Keller Williams Utah Realtors

Office Phone: (801) 766-4991

Cell Phone: (801) 698-6182

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