What are the responsibilities and job description for the Escrow Officer position at Summerall LLC?
Qualifications:
Required Knowledge/Skills
Demonstrates comprehensive knowledge and ability to handle a Real Estate transaction
from receipt of contract through disbursement
Knowledge of title insurance, regulatory guidelines, legal documents, and real property
law
Driven to efficiently use technology to streamline processes
Detail oriented with strong analytical, organizational, follow-up and time management
skills
Ability to perform multiple tasks and meet critical deadlines while maintaining accuracy
and quality
Ability to make complex and time sensitive decisions within company guidelines
Ability to communicate and interact effectively with customer, clients, and vendors
Working knowledge and experience with Microsoft Office
Prior ResWare or similar title and escrow production software experience
Willingness to become a licensed title agent in multiple states
Responsibilities:
Management
Manage operations
Create workflows and efficiencies
Oversee compliance
Examination / Curative
Examines title commitments for accuracy and identify any requirements, defects and
exceptions and work to clear the issues timely while effectively notating all systems to
track progress.
Ordering title, payoffs, estoppels, and other searches and documentation
Examining and clearing requirements on title commitments and lender closing
instructions.
Resolve title defects, and satisfy existing liens and encumbrances against property
Reviewing title commitments, sales contracts and other related documents relating to
residential real estate transactions for compliance and accuracy
Preparation
Assemble, prepare, and review closing documents
Prepare, distribute, and file final closing documents
Preparing Closing Disclosures, settlement statements, conveyance and other settlement
documents necessary to complete closing transactions
Balancing the closing disclosure or settlement statements
Closing
Schedule, coordinate and conduct closings
Obtaining and preparing information needed to close a transaction
Working closely and coordinating closing transactions with clients, lenders, Realtors,
staff, and any other relevant parties to ensure a proper timely closing transaction
Confirm all funds are collected, all appropriate documents are checked for accuracy,
signatures are collected, and acknowledgements and legal descriptions are correct.
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
Disbursement
Oversee the issuance of checks, bills and statements, and receipts associated with the
closing process.
Establish escrow accounts by depositing funds and maintaining records
Closes escrow account by balancing and disbursing funds
Recordation/Post-Closing
Ensure timely recordation of closing documents and issuance of title policy
Resolves post-closing issues according to company standard
Education:
BA or equivalent work experience
Current Notary
Current and active Escrow Officer license
Pay: $65,000.00 - $75,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Paid time off
Work Location: In person
Salary : $65,000 - $75,000