Job Description
Job Description
Job Description
The Title Insurance Clearing Clerk performs administrative and research tasks to ensure a property's title is free of defects. They collaborate with various parties to obtain required documentation and follow up on outstanding issues, ensuring all legal requirements are met before a title policy can be issued.
Responsibilities
- Review title commitments: Examine title search results to identify all requirements and exceptions that must be resolved prior to closing, such as liens, judgments, easements, or unpaid taxes.
- Obtain clearance documentation: Order and collect all necessary documents, including lien waivers, mortgage payoff statements, subordination agreements, and bankruptcy or divorce decrees.
- Communicate with involved parties: Liaise with lenders, real estate agents, attorneys, surveyors, and borrowers to request information, provide file status updates, and obtain necessary approvals.
- Follow up on pending issues: Monitor outstanding clearance items and follow up regularly to ensure all requirements are satisfied in a timely manner.
- Review documents for accuracy: Verify the accuracy and completeness of all collected documents to ensure they meet underwriting standards.
- Revise and update title commitments: Make revisions to the title commitment as clearance is received and forward updated versions to all parties in the transaction.
- Maintain file records: Organize and maintain all documents and correspondence in the company's title production software system.
- Provide administrative support: Draft and prepare various documents, such as affidavits or deeds, as requested by title closers.
- Respond to inquiries: Handle incoming phone calls and emails from clients and other parties regarding the status of a title file.
- Salary negotiable based upon experience.
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