Real Estate Escrow Specialist

2 weeks ago


Austin, Texas, United States L.K. Jordan & Associates Full time
L.K. Jordan & Associates is in search of a dedicated, knowledgeable, and personable Real Estate Escrow Specialist to join our esteemed team. This role is essential in ensuring smooth transactions within the real estate sector.

Key Responsibilities:
  • Engage and collaborate with industry professionals including real estate agents, mortgage lenders, underwriters, and clients.
  • Examine title commitments, lender directives, and purchase agreements to ensure clarity in responsibilities for effective closing.
  • Adhere to all applicable state and federal regulations governing escrow processes and accounts.
  • Oversee compliance with all terms and conditions outlined in purchase contracts.
  • Facilitate the issuance of title policies in coordination with title examiners.
  • Prepare and distribute closing statements to all relevant parties including buyers, sellers, and financial institutions.
  • Accurately manage the disbursement of escrow funds and perform necessary administrative duties such as reporting.
Qualifications:
  • A college degree or equivalent professional experience is preferred; a high school diploma is mandatory.
  • A minimum of 3 years’ experience in real estate closing escrow transactions, including residential sales, REO, refinancing, short sales, or commercial transactions.
  • A robust network of industry contacts is essential.
  • A comprehensive understanding of real estate contracts, mortgage processes, title commitments, and title insurance is required.
  • Strong knowledge of title insurance, regulatory frameworks, the escrow process, legal documentation, and real estate law.
  • Exceptional written and verbal communication skills are necessary.
  • Proficiency in using escrow and title software is expected.


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