Commercial Escrow Assistant

Found in: Resume Library US A2 - 1 week ago


Phoenix Arizona, United States American Title Service Agency Full time
Job Description

Work Performance

1.    Be familiar and comply with ATSA’s Best Practices for Escrow Handling, RESPA, Accounting and Recording best practices

2.     Develop new and repeat business and responsible for establishing new escrow accounts

3.     Process escrow documents in accordance with established policies and procedures

4.     Complete real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds; interpret and explain loan documents

5.     Determine escrow requirements by studying and clarifying buyer, seller, and lender instructions

6.     Obtain clear title by ordering title reports; resolving title defects; satisfying existing liens and encumbrances against property or principals

7.     Establish escrow account by depositing funds; maintaining records

8.     Prepare transaction documents by completing forms and statements; collecting and reviewing existing documents and preparing for recording

9.     Complete calculations by prorating taxes and interest

10.  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

11.  Complete closing by recording and filing documents; preparing and distributing final closing statements and title

12.  Prepare HUD by utilizing lender instructions and statements from stakeholders

13.  Close escrow account by balancing and disbursing funds

14.  Comply with regulatory requirements by adhering, and enforcing adherence, to requirements

15.  Update job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations

16.  Enhance organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments

Team Work

1.    Proactively assist the entire office with signings, document handling, answering phones, asking how you may be of service

2.    Support good working relationships with all clients; internal and external

Above all else…service  Communications at all times with all clients  During every aspect of the transaction


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