Escrow Officer at First American

Anchorage, Alaska, United States

First American Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Real Estate, Title InsuranceIndustries

Requirements

  • 2-4 years of escrow-related experience
  • Experience directly handling escrow transactions as an escrow assistant (preferred)
  • Openness to new technology and proprietary programs; adjusts easily to new workflow
  • Passion for helping clients

Responsibilities

  • Complete real estate escrow transactions by determining requirements
  • Act as a neutral liaison between file parties, adhere to company policy, and monitor and mitigate risk to the company
  • Ensure that all funds are properly accounted for and disbursed in accordance with the terms of the contract and our company policy
  • Prepare regular reports on the status of the escrow account and provide these reports to the parties involved in the transaction
  • Examine property titles, mortgages, and trust deed documents
  • Prepare legal documents for the closure of the sale
  • Complete closing by recording and filing documents, preparing, and distributing final closing statements and title

Skills

Escrow Transactions
Real Estate Closings
Title Examination
Mortgage Review
Trust Deed Documents
Fund Management
Document Preparation
Closing Statements
Legal Documents
Risk Mitigation

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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