What are the responsibilities and job description for the Escrow Closer position at Security Title Insurance Agency, LLC?
An Escrow Closer is responsible for completing real estate escrow transactions by determining requirements from ALTA Title commitment, clearing the title, assembling, preparing, and reviewing closing documents, and disbursing funds.
Duties & Responsibilities :
- Prepares Closing Disclosure & Settlement statements with all accurate prorations / adjustments including but not limited to real estate taxes, sewer, water, trash, subdivision or HOA fees, payoff of any liens as evidenced by title search.
- The closer must comply with all terms of the real estate contract and / or amendments.
- The closer determines escrow requirements by reviewing and clarifying buyer, seller, and lender instructions. Obtains clear title by ordering title reports, resolving title defects, satisfying existing liens and encumbrances against property or principals.
- Completes the closing transaction documents by assembling documents, reviewing papers with parties, explaining provision and procedures, checking documents for completeness & accuracy.
- Once the file is closed, the closer is responsible for satisfying all funding requirements prior to depositing and disbursing the funds. Complies with regulatory requirements by adhering and enforcing requirements.
- Other job responsibilities as assigned.
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Job Type : Full-time