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Title Closer

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First Horizon Corp.

2021-12-03 08:59:21

Job location Mountain Home, Arkansas, United States

Job type: fulltime

Job industry: Real Estate & Property

Job description

ESSENTIAL DUTIES AND RESPONSIBILITIES:

* Receives and deposits escrow monies in established accounts and disburses funds from each account
* Reviews closing documents, including, but not limited to real estate contracts, lender closing instructions, and title insurance commitments, to determine accuracy of information and need for additional documents
* Contacts courthouse personnel, buyer, and seller, and other real estate personnel to obtain additional information
* Calculates pro-rated balances on mortgages, taxes and hazard insurance premiums as of closing date and records balances on closing statement form to provide a financial accounting of the real estate transaction.
* Reviews contract between buyer and seller
* Compiles figures to determine closing cost of final transaction, including loan, title, appraisal, and other fees included in sale of property
* Schedules appointments to complete closing process and to answer any questions regarding procedures
* Presides over closings and obtains and notarizes signatures to facilitate the closing of the transaction
* Reviews documents to determine that they have been executed according to company policy and applicable regulations and are capable of being recorded
* Disburses completed documents to concerned parties to effect transfer of property ownership
* Complete documents necessary to facilitate the closing of the transaction
* May prepare work assignments and complete closing work schedules to maintain efficient work flow
* May compile statistical reports and keep daily log on closing activities
* Performs all other duties as assigned

SUPERVISORY RESPONSIBILITIES:

No supervisory responsibilities

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, the qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position:

High school diploma or GED and 2-5 years of experience or equivalent combination of education and experience

COMPUTER AND OFFICE EQUIPMENT SKILLS:

* Microsoft Office suite
* Special software: RamQuest knowledge preferred

CERTIFICATES, LICENSES, REGISTRATIONS (Ex: CPA, Series 6 or 7 license, etc):

* Licensed Title Agents are given preference.
* Notary Public required.

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