Escrow Assistant - Michigan - USA (Remote)

Join the forefront of innovation in the real estate industry with One Real Title, a pioneering title company operating across multiple states. Leveraging cutting-edge proprietary technology, we deliver unparalleled closing experiences, benefiting both agents and clients alike. Our commitment to excellence not only enhances customer satisfaction but also generates lucrative opportunities for all involved. 

For more information, visit https://www.onereal.com

Location: Remote - Michigan. Candidates MUST be based in Michigan to be considered.

Job Summary:   

As an Escrow Assistant, you will play a crucial role in facilitating real estate transactions by ensuring the smooth handling of funds and documents between buyers, sellers, lenders, and other involved parties. Your primary responsibility will be to coordinate and manage the escrow process from start to finish, ensuring compliance with all relevant laws, regulations, and company policies.

Duties/Responsibilities: 

Escrow Management:

• Open and maintain escrow accounts for real estate transactions.

• Review contracts, purchase agreements, and other related documents to gather necessary information.

• Calculate and verify the accuracy of financial figures, including deposits, prorations, and closing costs.

• Coordinate with lenders, real estate agents, attorneys, and other stakeholders to obtain required documents and information.

• Ensure all parties involved in the transaction are informed about the status of the escrow process.

Document Preparation and Review:

• Prepare and review escrow instructions, amendments, and other relevant documents.

• Examine title reports, surveys, and insurance policies to identify potential issues or discrepancies.

• Coordinate with title companies to obtain title insurance and ensure proper coverage.

• Verify the accuracy and completeness of all documents related to the transaction.

Fund Disbursement and Accounting:

• Calculate and allocate funds for various transaction components, such as down payments, commissions, and fees.

• Coordinate with lenders to ensure timely funding and …