Real Estate Paralegal
REAL ESTATE PARALEGAL
RESPONSIBILITES
- A closing title agent performs a number of important tasks in the settlement of a real estate transaction.
- Researching the title to the property to ensure there are no problems such as undisclosed liens, boundary disputes or errors in public records that could affect the transaction or the buyer’s rights in the future.
- Should the title agent find any issues, they need to be flagged for resolution, and the agent may need to do some research to settle the transaction.
- The agent is also responsible for reviewing all the contracts related to the transaction for accuracy, and flagging and correcting any issues.
- This includes all financial information related to the transaction, such as tax and fee amounts, agent commissions and seller payment.
- The closing agent also compiles all closing documents for the transaction and arranges and oversees the signing of those documents, and collects the money required for the transaction, such as the escrow deposit, down payment or required fees.
REQUIREMENTS
- Bachelor’s degree, preferably in business or another related field.
- A certificate in loan and/or real estate closing is beneficial if you're looking for a job in this field as well. Licensed notary is preferred.
- 3 years of experience which you can gain by working in a real estate, mortgage or title company.
- Recent experience in real estate closings/ title insurance.
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