Escrow Officer
Austin, TX 78746 US
Job Description
Responsibilities:
- Interact and coordinate with industry contacts such as realtors, loan officers, underwriters, brokers, buyers, and sellers
- Review title commitment, lender instructions, purchase and sale agreements to be sure the duties and responsibilities are clear to facilitate closing
- Comply with all state and federal laws governing escrow transactions and escrow accounts
- Monitor progress in compliance with all terms and conditions of purchase contracts
- Coordinate the issuance of title policies with title examiner
- Assemble and deliver closing statements to buyers, sellers, brokers, agents, and lenders
- Disburse escrow funds accurately and complete administrative tasks such as reporting
- Prefer college degree or equivalent work experience high school diploma required
- 3+ years of real estate closing escrow transactions experience with residential sales, REO, refinance, short sale escrow, or commercial
- Must have a book of business
- Must possess a strong understanding of real estate contracts, mortgage loans, title commitments, and title insurance
- Solid knowledge of title insurance, regulatory guidelines, the escrow process, legal documents, and real estate property law
- Excellent written and verbal communication skills required
- Proficient working with escrow / title software
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