Teresa Strafford
Licensed Escrow Officer and Notary Public
***************@*****.***
Escrow professional with fifteen plus years of experience in the Title, Mortgage and Home Building industry. Knowledgeable in Legal requirements for Real Estate closing transactions. Strengths in time management, communication, meticulous and results driven in a fast-paced office environment. Creating positive relationships with customers, real estate agents and lenders for a smooth stress-free closing experience.
Work Experience
Escrow Officer
Capital Title of Texas
Irving, TX
July 2015 to April 2023
Prepared new subdivisions with legal descriptions, HOA, MUDD and PID. Met deadlines consistently by actively coordinating transactions in a fast-paced office. Determining requirements needed to obtain clear title Coordinating all aspects for closing timely and accurately Prepared closing statements for cash and mortgage closings Facilitated communications between internal teams and outside parties involved in escrow transactions. Collaborating closely with buyers and lenders on documentation needed at the closing table. Closing and funding of real estate transactions, balancing and disbursement of funds through checks, and wire transactions. Daily accounting and bank reconciliation for closed files. Preparing recordings, and policy packages.
Obtained overdue payments, reaching out to delinquent account holders to set up repayment plans. Audited closed files for state escrow compliance.
Escrow Assistant
Providence Title Company
Flower Mound, TX
June 2014 to May 2015
Clerical and admin duties for branch manager.
Marketing Escrow Manager
Determining requirements needed to obtain clear title by ordering reports, resolving defects on title. Obtaining payoff’s, releases, HOA’s, for closing
Preparing CDF, HUD statements, POA’s and closing paperwork through title programs. Maintained daily accounting for closing files.
Preparing recordings, and policy packages.
Obtained overdue payments, reaching out to delinquent account holders to set up repayment plans. Rectified application missing and incorrect information with initiative-taking approach to reviewing documentation. Auditing closed files for state escrow compliance
REO Specialist / Loan Assumption
Landsafe Title -Bank of America
Richardson, TX
February 2008 to May 2013
Managed CA REO properties from contract to close.
Maintained all accounting for properties and banking for incoming funds and prevented wire fraud. Assisted in special projects for vendor accounts reconciliation of overpayments Qualified borrowers for loan assumptions through Title, credit, and income. Escrow Officer / Assistant
Lenders First Choice
Frisco, TX
December 2006 to Oct 2007
Closing coordinator for refinances
Managed production department in India for lender payoffs Prepared closing statements and closing documents. Balanced files and monitored wire transfers between lenders, buyers, and mortgage payoffs. Recorded legal docs and audited closed files.
Miscellaneous clerical duties.
Escrow Officer
Richmond Title
Plano TX
September 2004 to Dec. 2006
Closing officer for national Title Company
Managed lender accounts for refinance transaction
Miscellaneous clerical duties.
Balanced and disbursed of closing funds.
Maintained and managed Merrill Lynch Reverse Mortgages Skills
RamQuest, Outlook, Word, and Excel