Job Details

Legal Staff Paralegal in Virginia Beach, VA

Organization Type

In-House

Job Type

Legal Staff

Date Last Verified

Oct 22, 2020

Posted on

Oct 18, 2020

Years of Experience

Min 1 yrs required

Location

Virginia Beach, VA, United States
Practice Area
Real Estate >> Real Estate
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Profile

Paralegal
Duties: Assists Loan Settlement Attorneys and closing consultants in reviewing all title requirements and resolving title exception issues for purchase loans. Prepares purchase transactions for closing by obtaining and reviewing documents prepared by sellers’ attorneys and drafting seller closing disclosures. 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, 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. Assists closing consultants in reviewing all title requirements and resolving title exception issues for refinance loans, including providing guidance on resolving judgement lien issues. Prepares right of rescission releases for recording and coordinates re-recordings of legal documents, as necessary. Maintains a tracking report to verify all lien releases and subordinations have been recorded. May perform refinance loan closings, as needed.

Qualification and Experience

Qualifications: Paralegal Degree is a plus. Licensed Virginia Notary Public, or willingness to become licensed within first 30 days. Several years of residential real estate closing experience. Prior experience in a government-regulated industry is a plus. Prior experience working in real estate, mortgage, or title field. Experience with title insurance required. Experience with Microsoft Word and Excel and Adobe Acrobat. Knowledge of underwriting systems is a plus. Strong communication skills, both written and verbal, particularly with lenders, borrowers and closing attorneys. Time management skills with ability to organize and prioritize responsibilities. Effective problem-solving skills, be efficient, and detail oriented. Be a team player able to work within a small group, self-motivated, and a positive attitude. Ability to work with little or no supervision.

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