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Interviews escrow principals to obtain pertinent facts, directs the preparation of escrow instructions, drawing of documents, issuance of title policies and disbursement of funds. Coordinates and assists escrow principals, their lenders and/or agents in the closing of escrows.
Essential Duties and Responsibilities include the following. Other duties may be assigned:
Develops escrow documents in accordance with established policies
Maintains escrow records and acts as an escrow agent
Draws and/or directs the processing of escrow instructions
Facilitates the escrow process by performing a review of the preliminary report to:
Confirm that transfer documents are consistent with the preliminary report, as authorized in the escrow instructions
Confirm that escrow is in a position to cause the required policies of insurance to be issued
Prepares write up for issuance of title insurance policies consistent with principals of escrow
Reconciles between instructions and preliminary report with the Title Department and/or principals, and agents by obtaining modification of escrow instructions, assists principals to obtain releases of liens and other encumbrances as necessary
Opens escrow transactions; develops and/or obtains the appropriate escrow documentation in accordance with policy and procedures and applicable state and federal regulations
Confirms and implements the terms contained in escrow instructions involving the financing, sale or exchange of real property
Assists with business development activities with the assistance of the business development staff
Competency Standards:
Demonstrate a clear understanding of the principles of title and escrow process and procedures
Must have the ability to interview customers and/or their agents to ascertain their directions and implement those directions through concise escrow instructions
Must have the ability to transcribe the directions of customers, as expressed into escrow instructions and settlement statements
Ability to work with mathematical concepts
Ability to read and interpret documents
Ability to train, assign tasks and review performance
Must demonstrate the ability to multi-task and problem solve in a fast paced environment
Ability to demonstrate understanding of escrow applications and software as it relates to title and escrow processes and policies
Proficient in Microsoft Office applications
Job Type: Full-time
Pay: Up to $28.00 per hour
Schedule:
Education:
Experience:
Work Location: One location
Full Time
Business Services
$32k-49k (estimate)
02/03/2023
02/24/2023
system1staffing.com
Brentwood, CA
<25
Business Services
The job skills required for Escrow Assistant include Microsoft Office, Business Development, Insurance Policies, etc. Having related job skills and expertise will give you an advantage when applying to be an Escrow Assistant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Escrow Assistant. Select any job title you are interested in and start to search job requirements.
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Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Escrow Assistant job description and responsibilities
Assisted the broker, Escrow Officer, Office Manager, and Agents with various real estate transactions, listings and managed broker files.
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At the office, escrow assistants also perform general secretarial duties.
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Contract obligations are fulfilled, pending loans and debts are paid, and real estate titles are clean and ready to be transferred escrow officers and their assistants.
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Escrow Assistant works within a unit to assist escrow team with client files and customer service matters.
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Escrow assistants work closely with real estate agents and must follow real estate laws and regulations.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Escrow Assistant jobs
An escrow assistant assists escrow officers with administration and works closely with real estate agents.
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An escrow assistant handles the production and distribution of escrow contracts.
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An escrow assistant provides administrative support for escrow officers.
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Communicated and coordinated daily responsibilities with Escrow Officers.
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Escrow assistants also perform general secretarial duties at the office.
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Step 3: View the best colleges and universities for Escrow Assistant.