Ransom Enterprizes, LLC Sees Surge in Homeowners Ready to Stop Foreclosures

Foreclosure consulting firm says more homeowners are trying to work directly with their mortgage lenders to stop their foreclosures.

Atlanta, GA, January 30, 2008 --(PR.com)-- Ransom Enterprizes, LLC a leading foreclosure consulting and training firm announced today that more homeowners are purchasing their Ransom Foreclosure Rescue Kit™ in efforts to work directly with their mortgage lenders to stop foreclosures.

According to Kyle Ransom he believes that homeowners want to keep their homes and having a kit that provides them information about their options truly does help. Ransom says most of the time homeowners are often embarrassed and reluctant to contact the mortgage company to workout a solution. He stressed that they are now seeing a change and homeowners want to be educated in great detail on steps to stop their foreclosures.

Global Insight prepared a special report during 2007 for the U.S. Conference of Mayors. The report predicted economic losses for New York to be 10.4 billion, Los Angeles 8.3 billion, Dallas and Washington both at 4 billion, and Chicago 3.9 billion. The purpose was to find a solution to address the nation's housing crisis by creating policy recommendations.

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 onto 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.

To find out more information about Ransom Enterprizes, LLC please contact them directly.

Foreclosure Rescue Kit:
http://www.foreclosurerescuekit.com

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Ransom Enterprizes, LLC
Kyle Ransom
404 696 4833
ransomllc.com
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