Title closers collect all documents having to do with properties requiring titles. They make sure the title is clear and good for the buyer and that the lender is the first (preferably the only) lien holder on the property. There are also 1-2 training courses in paralegal certificate programs that make students eligible to work as title closers. Title closer programs can last, in total, 2 to 9 sessions for most certificate programs. Most certificate programs are open to anyone with a high school diploma or its equivalent. However, there are occasional programs that are post-baccalaureate.
Title Closer Training Information
Most multi-session courses for title closers are offered in real estate title closing. Courses provide instruction in the roles and responsibilities of every participant in the real estate transaction. Students learn how to conduct title searches. Courses also may cover topics including land surveys, the analysis of new mortgages and common problems at closing. Other courses examine topics such as title insurance, taxes, escrows and the release of liens. Other topics that might be covered in title closing courses, particularly those with numerous sessions, include the following:
- Analyzing new mortgages
- Notarizing documents
- Managing taxes, escrows and long terms
- Title insurance policies
- Potential closing problems
- Releasing taxes, liens and mortgages
Certificates for Title Closers
Certificates that have coursework pertinent to title closers are paralegal certificate programs that offer instruction in matters related to title closing. These courses cover real estate law and the specifics of real estate transactions. Courses that give training about titles and prepare students to become title closers are real-estate-related. These courses may cover:
- Property and real estate law
- Real estate practices
- Transactions in real estate
Employment Outlook and Salary Info
Paralegals and real estate brokers are two professions associated with title closing duties. The U.S. Bureau of Labor Statistics found that real estate brokers made an average annual salary of $78,940 in May 2018. Paralegals and legal assistants averaged $54,500 at that time, with a projected job increase of 12% from 2018-2028, per BLS statistics.
Continuing Education Information
A paralegal certificate can prepare individuals for title closer jobs. Title closers also often find it helpful to become notary publics or earn certification as a notary signing agent (NSA) through the National Notary Association.
Those interested in becoming title closers will find that further training is not necessary for the job. However, they may choose to check with their state real estate licensing department and find real estate programs that will aid them in their career. Additionally, if they prefer a degree to a certificate, a paralegal associate degree will also prepare them to do title closings. Most of these programs are found at community colleges. An associate program has basically the same coursework relevant to title closing as a certificate program.
For those looking to work in title closing, there are certificate programs that offer training sessions in the field. One may also pursue paralegal certificate or associate's degree may also offer the necessary training to work in title closing.