System and apparatus to renovate and market mobile home after chattel mortgage default

摘要

A system facilitate the granting of a chattel mortgage and encourages the renovation and marketing of a mobile home after default on a chattel mortgage. A mortgage company grants a chattel mortgage on the mobile home including a monthly payment comprising a renovation fee. The mortgage company pays the renovation fee to a renovation company that renovates the mobile home after default of the chattel mortgage. The renovation company utilizes a renovation procedure that minimizes repair costs.