Escrow Processing Specialist
7 days ago
We are seeking a highly skilled Escrow Coordinator to join our team at J.F. Shea Family of Companies. This role is responsible for reviewing and processing all new buyer Purchase Agreement paperwork generated by Community Representatives, Escrow Officer, Design Center, and Lender Agent to ensure timely closing of escrow.
The successful candidate will have 3-5 years of experience in the Escrow, Title, Mortgage, or Real Estate Development industry. A strong understanding of Sales and Marketing, DRE, bond exoneration, and purchasing processes is essential. Excellent communication and organizational skills are also required.
This position comes with an estimated salary of $55,000 - $65,000 per year, depending on experience. If you are a motivated and detail-oriented individual looking for a challenging role, please apply.
Main Responsibilities
- Gather information for Purchase Agreement and establish checklist of required documentation for each community.
- Daily communication with Community Representatives, Loan Officers, and Escrow.
- Process lender required documentation.
- Analyze and process Estimated Closing Disclosures and final documents.
- Prepare Check Requests (when applicable).
- Process department bank deposits.
- Process cancellations and deposit refunds.
- Process miscellaneous paperwork with regards to Purchase Agreement documents.
- Process Grant Deeds for signature and Notice of Completions to escrow.
- Set-up all new community lot files.
- Review, execute, and scan/save all Purchase Agreement contracts, Addendums, and forward necessary documents to Escrow.
- Coordinate with sales/escrow/mortgage daily to update escrow status with most current information.
- Data input, extraction, reporting (Salesforce, Enterprise One, CMS).
- Support phase release and pricing process.
- Tag all PSA and community documents for DocuSign signatures.
- Audit all closed lot files.
- Prepare instructions to Escrow for Master Marketing Fee calculation.
- Check Estimated HUD settlement statements for accuracy.
- Attend the weekly sales meeting/workshops.
- Audit the Restatements for all closing units and forward to Escrow.
- Other duties/projects as assigned.
- Responsible to schedule walk through and home delivery dates with buyer, escrow, lender, and Shea team.
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