Solutions for all clients! With clients spanning all the Continental United States - Symbol was founded on the idea that you can always exceed customer expectations. With a relentless focus on delivering customer-centric solutions, we have built our reputation on word of mouth and performance.

Team Partners, Members & Clients Include:

• Buyers & Sellers (Banks, Builder Inventory, Private Inventory)
• Private Investment Funds 
• Private Equity Groups
• Real Estate Investment Trust (REIT)
• Family Trusts
• Venture Capital Companies
• Private Development
• Real Estate Investment Companies

Integrated Expertise

Symbol is uniquely structured to provide our clients with the specialized skills and experience essential to achieve a successful outcome. We maintain a working environment that respects and enhances our employees' individual strengths. This approach results in a productive synergy among our employees, one that extends to client contacts.

PROCEDURES FOR PURCHASING REO’S

Protocols:

1. Our (new) LOI/POF signed by the Buyer, with the ability to move funds, on the buyers  letterhead, (if needed an assigned party by the Buyer giving full authority of the assigned party to sign and move funds on behalf of the Buyer in writing to that assigned party).

2. Soft proof and signature authorization for us to prove up the funds, (part of the LOI) for the specific proposed transaction.

3. NDA with Buyer, Mandate, and any other representative of the buyer as applicable to protect the Buyer and Seller’s financial information.

4. Buyer on the phone with the Seller and or the Seller’s attorney to discuss and agree on specific protocol that meets both parties’ needs and expectations.

5. Once accepted by the Seller as a legitimate order and/or the comfort level between the Buyer and the Seller is established, the snap shot of the tape for the order is released.  The snap shot size will be determined between the Buyer and the Seller’s agreement.

6. From the time of snapshot 48 hours to pass or play, unless agreed otherwise between the Buyer and Seller.

7. The Buyer then moves funds, in the amount agreed upon between the Buyer and the Seller, into the Buyer’s escrow of their choice, (must be an ALTA title/escrow company), to prove to ability to move funds.

8. Once funds are verified by the Seller, Seller’s attorney or Seller’s escrow, from the Buyers designated escrow, as per the Buyer and Seller’s agreement, the Buyer will receive the purchase sale agreement, full tape, and when applicable the LOA.

9. They will have 48hours to close thereafter, unless otherwise agreed between the Buyer and Seller.

Fee disbursement is as follows: 

1% goes to BUYERS Mandate, 1% to OWNERS Mandate (the legal entities that put the program together and their support staff) and 1/2 % to BUYERS Intermediaries, such as yourselves. The remaining 1/2 % goes to the OWNERS Consultants, a group of four selected by the banks to set up the program and bring all the various bodies together.  I spelled this out with clarity so there is no misunderstanding and no compromise in the fees required of the buyer.

Let us know if you have any questions