Real Estate Paralegal

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Real Estate Paralegal
The candidate assists Loan Settlement Attorneys and closing consultants in reviewing all title requirements and resolving title exception issues for purchase loans. The Real Estate Paralegal prepares purchase transactions for closing by obtaining and reviewing documents prepared by sellers’ attorneys and drafting seller closing disclosures. The Real Estate Paralegal performs post-closing review of files returned from external settlement agents and witness only closings, including communicating with settlement agents about missing documents and updating error tracking report. On occasion, the Real Estate Paralegal performs witness only closings, as needed. Requests and reviews releases from existing lenders for unreleased deeds of trust for all refinance closings and subordination and/or modification agreements from credit line lenders for refinance closings. The Real Estate Closing Paralegal assists closing consultants in reviewing all title requirements and resolving title exception issues for refinance loans, including providing guidance on resolving judgement lien issues. This individual also prepares right of rescission releases for recording and coordinates re-recordings of legal documents, as necessary. The Real Estate Closing Paralegal maintains a tracking report to verify all lien releases and subordinations have been recorded. On occasion, the Real Estate Closing Paralegal may perform refinance loan closings, as needed. Should be Licensed Virginia Notary Public, or willingness to become licensed within first 30 days. Should have several years of residential real estate closing experience. Prior experience working in real estate, mortgage, or title field is needed. Experience with title insurance required. Experience with Microsoft Word and Excel and Adobe Acrobat is needed. Have strong communication skills, both written and verbal, particularly with lenders, borrowers and closing attorneys. Paralegal Degree is a plus. Knowledge of underwriting systems is a plus. Prior experience in a government-regulated industry is a plus.

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