As an Escrow Officer you will ensure buyers have enough equity to meet their financial obligations, including closing costs and loan payoffs. Once the buyer and seller have met their conditions, the Escrow Officer assists with the property transfer, completing the transaction. Other duties will include:
Sending completed loan documents to mortgage companies
Scheduling real estate closings
Performing title searches
Obtaining signatures on important documents
Procuring assumption and payoff statements
Ensuring escrow funds have been deposited
Preparing escrow instructions
Verifying all purchase requirements have been met