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Real Estate Escrow Specialist
2 months ago
All American Home Care LLC is seeking a dedicated and detail-oriented Escrow Officer to join our team. The ideal candidate will play a crucial role in managing escrow accounts and ensuring the smooth processing of escrow documents in line with established protocols.
Key Responsibilities
The Escrow Officer will be responsible for:
- Establishing new escrow accounts and managing the documentation process.
- Completing real estate escrow transactions by assessing requirements, preparing, reviewing, and distributing closing documents, as well as disbursing funds.
- Determining escrow requirements by analyzing buyer, seller, and lender instructions.
- Securing clear title by ordering title reports, addressing title defects, and coordinating the resolution of existing liens and encumbrances.
- Maintaining accurate records of escrow accounts and handling escrow funds responsibly.
- Preparing transaction documents by completing necessary forms and reviewing all relevant documentation.
- Calculating prorated taxes and interest accurately.
- Finalizing closing transaction documents by assembling and reviewing documents with involved parties, explaining provisions, and ensuring all signatures are obtained.
- Completing the closing process by recording and filing documents and preparing final closing statements.
- Preparing HUD/CD statements in compliance with lender instructions and applicable regulations.
- Closing escrow accounts by balancing and disbursing funds appropriately.
- Adhering to regulatory requirements and ensuring compliance with all applicable laws.
- Staying updated on industry knowledge through educational opportunities and professional development.
- Contributing to the organization’s efficiency and reputation by embracing new challenges and exploring ways to enhance company performance.
Qualifications
The successful candidate will possess:
- A high school diploma or equivalent.
- 2-4 years of relevant experience, with a minimum of 3 years directly handling escrow transactions.
- Proficiency in Microsoft Office Suite.
- The ability to read and interpret various documents, including operational manuals and policy documents.
- Strong written and verbal communication skills to interact effectively with clients and colleagues.
- Numerical aptitude for calculating figures such as discounts, interest, and prorations.
- Escrow Officer Certification or completion of an escrow officer training program is a plus.
Why Join Us?
At All American Home Care LLC, we value our employees and strive to create a work environment that fosters creativity and innovation. We offer:
- A collaborative team atmosphere where every member is recognized as a vital asset.
- Access to state-of-the-art technology to enhance your working experience.
- A competitive compensation package with strong benefits.
- Flexibility to maintain a healthy work-life balance.
- Opportunities for career advancement within a growing organization.