My Tampa Bay Properties, LLC is a respected and privately held residential property buying company that is based in Apollo Beach, Florida. Formed to assist in the transfer of financially distressed property in the Greater Tampa Bay Area, MTBP specializes in problem property solutions by acting as a liaison between foreclosing lenders, real estate agents and interested buyers.
As foreclosures continue to climb, most major lenders struggle to
find effective and efficient solutions for processing so many
defaulted properties. Banks and mortgage companies have strict
federal guidelines relating to the amount of bad loans that can be
kept on their books. Likewise, defaulted loans are considered
a nonperforming asset and limit the money a lender has for income
generating purposes. Because the guidelines lenders use change
monthly, it is nearly impossible for the smaller real estate company
to monitor and update these changes for their own use.
MTBP has partnered with other recognized debt negotiation services
companies across the country that are on the cutting-edge with
ideas, technology and solutions. My Tampa Bay Properties, LLC
will stay informed of any changes in the industry and ensure
information is updated accordingly.