Job Summary
Duties include, but are not limited to:
- Responsible for establishing new escrow files and process escrow documents in accordance with established policies and procedures.
Review the terms of the purchase sale agreements, communicate and coordinate effectively with buyers, sellers, lenders and realtors details of closing.
- Completes real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds.
- Determines escrow requirements by studying and clarifying buyer, seller, and lender instructions.
- Obtains clear title by ordering title reports; resolving title defects; satisfying existing liens and encumbrances against property or principals.
- Establishes escrow files by depositing funds; maintaining records.
- Prepares transaction documents by completing forms and statements; collecting and reviewing existing documents.
- Completes calculations by prorating taxes and interest.
- Completes closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures.
- Completes closing by recording and filing documents; preparing and distributing final closing statements and title.
- Prepares Statements/HUD by utilizing lender instructions.
Review and Read Survey for accuracy against title commitment – locate easements and locate all possible encroachments; review legal description against title commitment and survey
Prepare Proforma Policies
Review Title Objection letters
Understand basic title principals and title requirements and title exceptions
Understand how to read a title commitment and prepare final title policies
- Closes escrow files by balancing and disbursing funds.
- Complies with regulatory requirements by adhering, and enforcing adherence, to requirements.
- Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
- Enhances organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments. High School diploma or equivalent 2-4 years related experience with 3+ years experience directly handling escrow transactions as an escrow assistant. To perform this job successfully, an individual should have knowledge of Microsoft Office applications, proprietary software system and navigate internet. Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of organization. Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area. Ability to apply concepts of basic algebra.
Responsibilities and Duties
- Responsible for establishing new escrow files and process escrow documents in accordance with established policies and procedures.
Review the terms of the purchase sale agreements, communicate and coordinate effectively with buyers, sellers, lenders and realtors details of closing.
- Completes real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds.
- Determines escrow requirements by studying and clarifying buyer, seller, and lender instructions.
- Obtains clear title by ordering title reports; resolving title defects; satisfying existing liens and encumbrances against property or principals.
- Establishes escrow files by depositing funds; maintaining records.
- Prepares transaction documents by completing forms and statements; collecting and reviewing existing documents.
- Completes calculations by prorating taxes and interest.
- Completes closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures.
- Completes closing by recording and filing documents; preparing and distributing final closing statements and title.
- Prepares Statements/HUD by utilizing lender instructions.
Review and Read Survey for accuracy against title commitment – locate easements and locate all possible encroachments; review legal description against title commitment and survey
Prepare Proforma Policies
Review Title Objection letters
Understand basic title principals and title requirements and title exceptions
Understand how to read a title commitment and prepare final title policies
- Closes escrow files by balancing and disbursing funds.
Qualifications and Skills
- Complies with regulatory requirements by adhering, and enforcing adherence, to requirements.
- Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
- Enhances organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments. High School diploma or equivalent 2-4 years related experience with 3+ years experience directly handling escrow transactions as an escrow assistant. To perform this job successfully, an individual should have knowledge of Microsoft Office applications, proprietary software system and navigate internet. Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of organization. Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area. Ability to apply concepts of basic algebra.
Benefits
Fortune 300 company with medical,dental, vision 401K/ESPP and a host of other company benefits to be discussed with candidate during interview process
Job Type: Full-time
Additional Compensation:
- Commission
- Bonuses
Work Location:
- One location
Benefits:
- Health insurance
- Dental insurance
- Vision insurance
- Retirement plan
Typical start time:
- 8AM
Typical end time:
- 5PM
Schedule:
- Monday to Friday
