Escrow Closing Assistant in Bloomington, MN at CalAtlantic Title

Date Posted: 9/30/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Experience:
    Not Specified
  • Date Posted:
    9/30/2019

Job Description


SUMMARY:


 


Under general supervision and direction of an Escrow Officer or Escrow Manager, prepares escrow instructions, draws or directs the drawing of documents, requests issuance of title policies and the disbursement of funds, and otherwise assists Escrow Officer, escrow principals and/or their lenders.  Reconciles escrow instructions with preliminary title report or title commitment. Provides related office support as required.


 


QUALIFICATIONS:


 


Education, Experience, Knowledge, Skills and Abilities:


 


  • Computer, e-mail, word processing knowledge and experience required. 

  • Ability to use proprietary computer applications.

  • Escrow experience required.

  • Real estate knowledge helpful. 

  • Customer service skills. 


 


LICENSES AND CERTIFICATES:



  • Notary Public Commission helpful.

  • Driver’s License in good standing if assigned to drive on company business.


Job Requirements


JOB RESPONSIBILITIES:



The following duties are typical of those performed by associates in this job title; however, assigned duties may vary and associates may perform other related duties, and not all duties listed are necessarily performed by each associate in the job title or at a particular location.



  • Prepares or follows escrow instructions consistent with the require­ments of the parties and obtains their approval.  Estimates the amount of money required to close escrow and obtains buyers' and sellers' deposits.

  • Reviews preliminary title report or commitment to verify vesting and legal description. 

  • Compares exceptions shown in title report or commitment with buyers', sellers' and lenders' instructions for possible liens or encumbrances not authorized in escrow or lender instruc­tions.

  • Consults with Title Officer, Escrow Officer, lender and/or principals in reconciling discrepancies between instructions and title report or commitment, modifying escrow instructions or obtaining release of liens and other encumbrances as directed.

  • Orders beneficiary statements or demands, for insurance policies, deeds of trust, reconveyance and other documents.  Prepares or directs the preparation of authorized documents, insuring proper execution and recording of same.

  • Prorates or directs the pro-ration of taxes, fire insur­ance, loan, brokers' commissions and other charges. 

  • Requests the issuance of title policies or other evidence of title.

  • May interview escrow principals to obtain information for escrow instructions.

  • May assign and review the work of an Escrow Secretary.

  • Escrow bookkeeping.

  • Works with title department to process orders.

  • Filing.

  • Other duties and responsibilities as assigned by supervisor.


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