Escrow Closer

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Location: Des Plaines, IL
Status: Full Time
Travel: Minimal

SUMMARY

Responsible for managing escrow and processing title and real estate documents for refinances and purchases.

 

ESSENTIAL DUTIES & RESPONSIBILITIES

The essential duties and responsibilities may include the following. Other duties may be assigned.

  • Work with realtors, attorneys and lenders to support, manage and oversee the success of their real estate transactions.
  • Provide account leadership while managing escrow closing transactions.
  • Manage steps from scheduling a closing to funding and disbursing a file.
  • Pull together all parties and make sure to communicate effectively to ensure every file funds in a successful way.
  • Review title commitments, sales contracts, surveys and other related documents to a real estate transaction.
  • Manage residential and commercial transactions.
  • Work with Examiners to review commitment and address exceptions which must be cleared prior to closing and to determine documentation necessary to waive exceptions.
  • Execute closing and obtain payments due, disburse funds to appropriate parties and maintain follow-up necessary for transaction completion and issuance of policy.
  • Manage closing transaction to complete real estate purchases.
  • Respond to questions regarding closing documents.
  • Assist in preparation, execution and recording of authorized documents.
  • Examine and clear requirements on title commitments and lender closing instructions to clear the file to close.
  • Prepare CD, HUD-1 Settlement Statements, conveyance and other settlement documents necessary to complete the closing transactions.
  • Review funds received and instruct on the disbursement of funds based on the HUD-1 Settlement Statement.
  • Take ownership providing customers great customer service, guidance, and follow-up.

EDUCATION & EXPERIENCE

Required:

  • High School Diploma or equivalent.
  • One-plus year(s) of closing RESPA, closing statement, and closing disclosure settlement experience.
  • One-plus year(s) of compiling title documents, explaining closing transactions to parties, and securing final signatures.
  • Working knowledge of all title closing documents.
  • Customer service experience in an office environment.
  • Proficient in MS Office.

Preferred:

  • Commercial and/or new construction title examining background.
  • Working knowledge of SoftPro Select, SoftPro, or a similar title software.
  • Ability to work collaboratively in a team environment.
  • Demonstrated ability to problem solve with minimal direction and supervision; solution focused.
  • Strong written and verbal communication skills.
  • Ability to work under strict timelines and be able to manage large amounts of data in an organized fashion.