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The Urban Team

"We're Brothers, Join Our Family"
Experience:
Associate Broker, Office Manager for Realty Executives November 2003—present
The Urban Team was elected by the agents of the Realty Executives Center Pointe office…
Rookie of the Year for Americana January 1990—December 1990
In his first year as a realtor, Ron was voted "Rookie of The Year" from hundreds of c…
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Specialties:
We provide exception representation to both buyers and sellers and have strong short sale knowledge Ron Urban brings over 18 years experience and a passion ... show more
Certifications
& Awards:
Rookie of the Year
Million Dollar Producers
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Interests:
Both Ron and Gene are lovers of water. having grown up in San Diego, CA this ... show more
About:
The Urban Team... a bio
The Urban Team is a consortium of people who love executing incredible real estate transactions. The foundation of the team is
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Testimonials:
"What a blessing the Urban brothers have been to us! We had been shown several homes by a couple of other Realtors last spring. In each case we were simply ... show more
The Urban Team answered:
Hi PK.

A lot of good information has been given. As you can see, there is good and bad with short sales. Each day the good gets better though.

Investor/Banks are slowing coming to an understanding that there is generally more financial benefit to a short sale verses foreclosure. The latest stats indicated the investor nets about 15% more on a short sale.

Another good stat is that more short sales closed escrow in the last few months than ever before. Most of this is due to the fact that the banks (actually loan servicing companies) have the infrastructure and staff to better deal with the complexities of a short sale. On the back side they are a VERY convoluted transaction.

Depending on who the loan or loans are with will determine much about your success.

We have a web site dedicated to providing information about short sales that may provide more answers. I know you are working with another agent, and we simply offer our site as a place to gain knowledge. Go to http://www.short-sale-phoenix.com or use the link below.

I'd say your chances of success, in general, have never been better. - Sat Dec 5 2009, 08:48

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