Ransom Enterprizes, LLC Launches REO and Notes Divisions
Close foreclosure consulting relationships with banks and mortgage lenders leads to bulk REO properties and note portfolios brokering alliances.
Atlanta, GA, January 17, 2008 --(PR.com)-- Ransom Enterprizes, LLC an industry leader in foreclosure consulting and training, announced today that they plan to launch bulk REO and note portfolio divisions. The firm will provide specialized services that consist of research due diligence and matching investors to existing and new inventory. Reporting that they presently have 10 Million to 600 Billion in bulk REO properties and note portfolios available.
“There is just so much inventory out there because of the mortgage crisis,” stated Kyle Ransom, President of Ransom Enterprizes, LLC. “Our trusted brand and the relationships we have developed allow us to effectively match buyers of REO properties and notes to banks or mortgage companies looking to sell."
According to Ransom, this type of service is needed because banks can recover faster if they are able to dump their foreclosed properties or note portfolios in bulk oppose to a one by one deal. He relays that this service is more extensive and requires individuals that know how to work in the investor cultural to find the right acquisitions.
Global Insight prepared a special report during 2007 for the U.S. Conference of Mayors. The purpose was to find a solution to address the nation’s housing crisis by creating policy recommendations.
The report revealed the bad news and with a solution to combat the problem. In the documentation the report said it projects that property values will decline by $1.2 trillion in 2008, stressing that this is due in part to the foreclosure crisis, and with drops in home prices across the U.S. only averaging at 7%. Identifying that loss of property, sales, and real estate transfer taxes would hurt local and state governments. Importantly, the report noted the traumatic impact foreclosures have caused to some of the largest financial institutions, thriving neighborhoods, and said, “It’s not over yet.” The report went on to estimate that the U.S. gross domestic product growth in 2008 will only be at 1.9%, arriving at an average of about $166 billion, or 1% point, mortgage problems causing a lower result. Relating that GDP, which is the value of goods and services produced is considered the country’s best barometer of economic fitness. The purpose was to find a solution to address the nation’s housing crisis by creating policy recommendations.
For more information please contact Ransom Enterprize, LLC at 1 (404) 696-4833.
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“There is just so much inventory out there because of the mortgage crisis,” stated Kyle Ransom, President of Ransom Enterprizes, LLC. “Our trusted brand and the relationships we have developed allow us to effectively match buyers of REO properties and notes to banks or mortgage companies looking to sell."
According to Ransom, this type of service is needed because banks can recover faster if they are able to dump their foreclosed properties or note portfolios in bulk oppose to a one by one deal. He relays that this service is more extensive and requires individuals that know how to work in the investor cultural to find the right acquisitions.
Global Insight prepared a special report during 2007 for the U.S. Conference of Mayors. The purpose was to find a solution to address the nation’s housing crisis by creating policy recommendations.
The report revealed the bad news and with a solution to combat the problem. In the documentation the report said it projects that property values will decline by $1.2 trillion in 2008, stressing that this is due in part to the foreclosure crisis, and with drops in home prices across the U.S. only averaging at 7%. Identifying that loss of property, sales, and real estate transfer taxes would hurt local and state governments. Importantly, the report noted the traumatic impact foreclosures have caused to some of the largest financial institutions, thriving neighborhoods, and said, “It’s not over yet.” The report went on to estimate that the U.S. gross domestic product growth in 2008 will only be at 1.9%, arriving at an average of about $166 billion, or 1% point, mortgage problems causing a lower result. Relating that GDP, which is the value of goods and services produced is considered the country’s best barometer of economic fitness. The purpose was to find a solution to address the nation’s housing crisis by creating policy recommendations.
For more information please contact Ransom Enterprize, LLC at 1 (404) 696-4833.
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Ransom Enterprizes, LLC
Kyle Ransom
404 696 4833
ransomllc.com
Kyle Ransom
404 696 4833
ransomllc.com
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