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Residential Escrow Officer

Marquette, Michigan
Job Type
1 Oct 2021
Job SummaryTransnation Title Agency is currently looking for a full time a Residential Escrow Officer. This would be a full time, 40 hours a week position. Escrow Officer is responsible for providing services to complete transactions involving real property sales and loans in connection with the insuring of marketable title. Responsibilities and DutiesTypical duties of the position may include:Maintain an ongoing relationship with clients on a routine basis to ensure continued business and referrals.Effectively communicate with customers to process new and existing title orders.Review title commitments:Review accuracy in vesting, insured parties, insured values and rates as filed.Correlate property description on commitments to surveys, policies, mortgages, deeds, purchase agreements and other legal documents ascertaining its accuracy and completeness. Review title requirements as set forth in the commitment and obtain and review proper documentation, such as; deeds, mortgage and land contract payoffs, discharges, trust documents, divorce documents, power of attorneys, probate documents, corporate documents and other documents pertinent to and required to create marketable title.Review title commitment exceptions to ensure you have a working knowledge of the exceptions to the policy should customers have any questions.Scheduling and coordinate closings with parties involved in transactions.Prepare escrow settlement documents as instructed by company, lender, attorneys and purchase agreements. Including proration of taxes, rents and other items as required by instructions.Conduct closings:Explain closing documents to parties including answering questions regarding the closing statement, title insurance or closing documents and obtain all necessary signatures.Notarize all necessary closing documentsCollect and disburse all funds and documents to appropriate parties.Maintain follow-up necessary for completion of transactions and issuance of policies.Prepare written escrow agreements in accordance with the contract or instructions givenFile and record transaction documents for issuance of final policies.Prior to the completion of a closing assure that all title requirements are met and parties can be properly insured. Reliable transportationThe Escrow Officer may be assigned to additional tasks in support of the department's goals.Qualifications and SkillsProvide company stewardship to customers, servicing as a company liaison with realtors, lenders, attorneys etc.Knowledge and understanding of the purpose and use of title insurance and related services, terminology of instruments involved in escrow transactions and in insuring of marketable title to real property.Knowledge and understanding of real estate related documents, local escrow procedures and terminology plus the understanding of legal descriptions, sales and service techniques and the principles of mortgage lending.Knowledge and understanding of terms, conditions, covered risks and exclusions from coverage of underwriters' policies and products and company products. Ability to work a flex schedule, willing to work nights and weekends when necessaryKnowledge of local and state tax and recording standards.Knowledge and understanding legal descriptions, sales, service techniques, and the principles of mortgage lending.Excellent decision making skills.Ability to perform proration of taxes and similar costs associated with the closing documentsLicenses: Resident Producers Licenses with the State.Valid State Driver LicensePreferred Notary PublicComputer Skills: Proficient computer skills with Microsoft office and web based industry programs. RamQuest software.BenefitsWe offer a compensative benefit package to all full time employees.Paid Time Off PlanThree Medical plansFlexible work scheduleDental CoverageVision Coverage401k MatchFlex Spending program.Company paid Life, LTD and STDEAP ProgramEmployee Development ProgramVoluntary Life CoverageMetLife Supplemental Insurance
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  • Job Reference: 386583051-2
  • Date Posted: 1 October 2021
  • Recruiter: Transnation Title Agency
  • Location: Marquette, Michigan
  • Salary: On Application
  • Sector: Real Estate & Property
  • Job Type: Permanent