Jason Botelho's (jbo26) Blog

How many times have you heard the term "CDO's" or Collateralized Debt Obligations?  I think I've heard that term 6 times this week alone.  Amazing!  These are creative debt instruments that banks have come up with to make the whole lending arena easier and more fluid.  The down side is that these...

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 mortg...

Interesting question.  There are some great debates over this issue with respect to our industry (REAL ESTATE).  There is probably little doubt that the Fed will lower the target for the Fed Funds by 1/4 percent (possibly by a 1/2%).  What does this mean for us in the real estate industry?  Hopef...

With approx. 23,000 homes to sell in Utah currently, Buyers are holding all most every card possible (Data from the MLS and estimated FSBO activity).  This is a great time to buy.  I was helping with a buyer currently that has decent income, but credit was the issue for him.  It is important to r...