Commercial Title Officer at First American

Chicago, Illinois, United States

First American Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Real EstateIndustries

Requirements

  • Passion for helping customers while maintaining a professional and positive attitude
  • Proven problem-solving skills with eagerness to learn and share
  • Understands how to navigate internal and external resources to gather information and resolve questions
  • Excellent verbal and written communication with internal and external customers; uses various types of communication to meet customer expectations and build relationships
  • Natural curiosity, enjoys researching the history and background of transactions, analyzing, and evaluating records
  • Thrives in contributing to a team working together to deliver beyond customer expectations
  • Comfortable guiding others as they grow in the field
  • Knowledge of MS Office suite and ability to quickly adapt to new software applications and technologies
  • Flexible with the ability to multi-task and handle all aspects of title support
  • Paralegal or real estate title insurance experience preferred
  • 3-5 years of commercial title related experience is a plus

Responsibilities

  • Review completed or updated title searches for commercial transactions depending on the locality and corporate standards
  • Analyze records, such as liens, judgments, easements and property survey to determine ownership and legal restrictions and to verify legal description of property and completeness of records
  • Create invoices based on properly priced commitments, endorsements, and policies using appropriate schedule of fees and charges and communications with the national pricing team and local offices
  • Review and approve a variety of documentation including deeds, loan documents, operating agreements, and corporate resolutions
  • Submit documentation for recording across national jurisdictions
  • Select appropriate templates for policies and endorsements for both standard and extended coverage
  • In some regions/locations, consult with local underwriters to review search packages and on matters that require escalation

Skills

Title Search
Title Examination
Commercial Real Estate
Records Analysis
Data Analysis
Transaction Coordination

First American

Provides title insurance and real estate services

About First American

First American provides title insurance, specialty insurance, and various real estate-related services. Their title insurance protects homebuyers and property owners from potential ownership disputes and financial losses related to real estate transactions. The company offers a platform called myFirstAm®, which allows users to access property information, manage orders, and streamline the closing process from any device. Unlike many competitors, First American has a vast database of property data, with over 5.5 billion document images, making it a leading provider of real estate data solutions. The company's goal is to facilitate smooth real estate transactions while ensuring that clients' investments are protected.

Santa Ana, CaliforniaHeadquarters
1889Year Founded
$800.2MTotal Funding
VENTURE_UNKNOWNCompany Stage
Financial Services, Real EstateIndustries
10,001+Employees

Benefits

401k matching
Health, vision, dental insurance
Professional development

Risks

Data breach allegations could harm First American's reputation and lead to legal issues.
Integration of Mother Lode may face challenges and financial risks.
Dependence on digital transformation poses risks if technology advances rapidly.

Differentiation

First American offers comprehensive title insurance and settlement services nationwide.
The company provides a vast database of over 5.5 billion document images.
First American's digital platform, myFirstAm®, enhances real estate transaction efficiency.

Upsides

Acquisition of Mother Lode expands First American's market share in California.
Docutech purchase boosts First American's digital mortgage revenue by 38%.
Growing fintech trends align with First American's digital transformation strategy.

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