Owner Of Title Company And Settlement Agent
Tuscaloosa, Alabama Area
• One of three Mississippi Valley Title agents in Alabama that was not required to have an attorney associated with my title company. • Responsible for all aspects of owning a title company, including title searches, review of title documents, preparation of commitments, calculation of closing fees, preparation of closing and loan documents including FHA, VA, USDA, Jumbo loans, Foreclosure, Conventional, and Commercial loans. • Worked closely with lenders locally and nationwide to insure loans were closed properly and eligible for sale in the secondary market. Included discussing lender requirements for borrower qualifications and loan approval to help facilitate the loan closing procedure.• Settlement and Escrow Agent for multi-million-dollar development from initial land purchase, development loan and final sales of individual units.• Determined marketing and sales strategies and maintained a good working relationship with clients.• Managed a staff of five; created a loan closing and office procedure manual.• General accounting duties, payroll, accounts payable, accounts receivable, bank reconciliation and monthly book closing, using QuickBooks Premier. Made journal entries, accounting reports, accounts payable, accounts receivable, employee payroll information, timesheet verification, weekly payroll, quarterly and yearly payroll processing and filings. Maintained the escrow account using the integrated escrow program in Title Express (closing software).• General office duties as well as setting up QuickBooks. HR duties included completion of new employee tax forms and entry into payroll system, review of company policies, hiring and firing.• Knowledgeable of construction procedures and the timeline involved to close the permanent loan.• Participated in the creation of a form for distribution nationwide with Title Express, a closing software developer.• Closing coordinator for foreclosure property and settlement agent for HUD foreclosure property.