Escrow Officer
4 weeks ago
Job Summary: We are seeking a skilled Escrow Officer to join our team at First American Title Insurance Company. As an Escrow Officer, you will be responsible for handling real estate transactions by establishing new escrow accounts, managing funds, processing documents for closings, and completing settlements in accordance with established policies and procedures.
Key Responsibilities:
- Determine closing requirements by studying and clarifying buyer, seller, and lender instructions.
- Order title reports for issuing title insurance, resolving title defects; satisfying existing liens and encumbrances against property or principals.
- Establish escrow account by depositing funds; maintaining records.
- Prepare transaction documents by completing forms and statements; collecting and reviewing existing documents.
- Complete calculations by prorating taxes and interest.
- Complete closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures.
- Complete closing by recording and filing documents; preparing and distributing final closing statements and title.
- Prepare settlement statement by utilizing lender instructions.
- Closes escrow account by balancing and disbursing funds.
Requirements:
- High school diploma or equivalent required.
- 2+ years of experience in real estate transactions or a related field.
- Strong knowledge of title insurance and escrow procedures.
- Excellent communication and organizational skills.
- Ability to work in a fast-paced environment and meet deadlines.
About First American: First American is a leading provider of title insurance and escrow services. We are committed to providing our customers with exceptional service and support. If you are a motivated and detail-oriented individual who is passionate about delivering excellent results, we encourage you to apply for this exciting opportunity.
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