New Construction Processor
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Overview
Compensation
$40,000-$60,000/year
Job Description
Job Summary:
We are seeking a highly motivated and detail-oriented individual to join our team as a New Construction Processor. This position plays a critical role in facilitating the smooth and efficient completion of title and escrow processes for residential and commercial new construction, ensuring clear title transfer and compliance with all relevant regulations.
Duties and responsibilities:
- Facilitate Construction Escrow Services with Builders, General/Sub-Contractors, Lenders and Homeowners:
- Collect and Review Waivers then Disburse Funds according to the General Contractors Sworn Statement
- Review and analyze legal documents such as deeds, mortgages, and easements to confirm their accuracy and validity, especially as they relate to new construction projects.
- Review title searches to identify any encumbrances, liens, or ownership disputes related to new construction properties.
- Resolve title issues by collaborating with relevant parties and taking necessary legal action.
- Escrow and Closing:
- Manage the entire real estate closing process for new construction projects, ensuring compliance with real estate contracts, lender instructions, title requirements, and company procedures.
- Coordinate with lenders, builders, and other stakeholders to obtain and process necessary documentation accurately and on time.
- Prepare closing documents, including settlement statements and deeds, ensuring accuracy and compliance with state and federal regulations.
- Manage the escrow process, including the deposit and release of funds.
- Review loan documents for accuracy and follow up on title insurance.
- Client Management and Communication:
- Provide excellent customer service to clients, internal staff, and other stakeholders involved in the new construction process.
- Communicate proactively with all parties, addressing inquiries and resolving issues promptly and professionally.
- Build and maintain positive working relationships with clients, builders, lenders, real estate agents, and industry partners.
Knowledge, skills, and abilities:
- Strong understanding of new construction processes, including phases of development, typical documentation, and relevant regulations.
- Knowledge of title insurance processes, and closing procedures.
- Excellent communication and interpersonal skills, both written and verbal.
- Strong attention to detail and ability to identify and resolve complex issues.
- Proficiency in title and escrow software systems (e.g., Soft Pro ResWare, Qualia) and common business software platforms (e.g., Microsoft Office Suite).
- Ability to work independently and as part of a team, managing multiple priorities and meeting deadlines.
Automate your job search with Sonara.
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FAQs About New Construction Processor Jobs at Fox Title Company
What is the work location for this position at Fox Title Company?
This job at Fox Title Company is located in Dekalb, IL, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Fox Title Company?
Candidates can expect a pay range of $40,000 and $60,000 per year.
What employment applies to this position at Fox Title Company?
The employer has not provided this information. This may be discussed during the hiring process.
What is the process to apply for this position at Fox Title Company?
You can apply for this role at Fox Title Company either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.