We offer banks the way to clear their books and to reduce thier inventory of banked
owned homes as well as to earn reoccuring revenues from those properties.
Through our program, bank owned properties are purchased by MTI Homes and managed
and maintained by our residential maintenance crews nationwide. The homes become
rentals with many of them rented to the previous owners. The bank shares in the
rental income as well as a percentage of the profits if the property is eventually
sold to a new owner.
What’s in it for the banks ? They are no longer saddled with thousands of homes that
continue to fall into a state of repair. They can offer special incentives to bank customers.
They can keep families in their homes without spending funds on taxes, insurance, maintenance,
legal fees and years of drawn out court battles.