Jonathon R. Mehl, P.C.
Admitted N.J., N.Y., and D.C. Fax (201) 804-0010
To Whom It May Concern
RE: Metropolitan Homes, LLC and Maletos
Dear Sir or Madam:
Please accept this letter of recommendation concerning my view of the business run by Metropolitan Homes, LLC through its principal, Mr. Maletos. I have performed legal services for Steve Maletos for approximately one year. During the course of the year I was consistently impressed at the business acumen possessed by Mr. Maletos, and his ability to act in a prompt and orderly fashion.
A majority of my practice is devoted to representing real estate interests, particularly in low income housing. I represent several investors who purchase distressed properties and then later re-sell the properties. My experience shows that the turn around for most investors is at least six months, and often as long as nine months to one year. Metropolitan Homes is generally able to accomplish the same tasks within three months. Mr. Maletos regularly and willingly spends the time running around to different attorneys, lenders, and governmental offices to ensure that all concerned perform their duties so any issues can be immediately resolved. This leads to timely closings, and greater profitability.
Metropolitan Homes has further had the ability to obtain loans to fully finance the purchase and renovation of each investment property. Most investors either use their own money for either all or a portion of the investment.
The buyers whom I met at closings have all seemed genuinely happy to be purchasing a home of their own for the first time. If I can be of any further assistance, please feel free to contact me. Thank you.
Very truly yours,
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