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The differences between foreclosure specialists and title specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a title specialist has an average salary of $43,378, which is higher than the $41,088 average annual salary of a foreclosure specialist.
The top three skills for a foreclosure specialist include foreclosure process, insurer and loss mitigation. The most important skills for a title specialist are DMV, title commitments, and data entry.
| Foreclosure Specialist | Title Specialist | |
| Yearly salary | $41,088 | $43,378 |
| Hourly rate | $19.75 | $20.85 |
| Growth rate | -3% | 17% |
| Number of jobs | 8,166 | 19,349 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 47% |
| Average age | 43 | 48 |
| Years of experience | - | - |
A foreclosure specialist is a real estate professional that manages foreclosure processes. Serving in this role means that you will have responsibilities such as ensuring that aspects related to foreclosure meet all government regulations from the federal level to the state level and that deadlines are met and duly communicated to all parties involved. You may have to work with mortgage holders that run the risk of default, in which case you will be tasked with renegotiating loan agreement changes.
Title specialists are legal professionals who work with clients to deal with complex issues related to property titles. These specialists must collaborate with agents, title companies, and internal departments to resolve any title and legality issues. They are required to conduct an investigation and research the title so that they can establish ownership for use in connection with the title insurance policy. Title specialists must also correct inaccuracies on vehicle titles while updating car salesmen and finance managers about changes to state laws and regulations related to vehicle titles.
Foreclosure specialists and title specialists have different pay scales, as shown below.
| Foreclosure Specialist | Title Specialist | |
| Average salary | $41,088 | $43,378 |
| Salary range | Between $28,000 And $58,000 | Between $25,000 And $74,000 |
| Highest paying City | - | Albany, NY |
| Highest paying state | - | New York |
| Best paying company | - | IBM |
| Best paying industry | - | Insurance |
There are a few differences between a foreclosure specialist and a title specialist in terms of educational background:
| Foreclosure Specialist | Title Specialist | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 47% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between foreclosure specialists' and title specialists' demographics:
| Foreclosure Specialist | Title Specialist | |
| Average age | 43 | 48 |
| Gender ratio | Male, 32.2% Female, 67.8% | Male, 26.9% Female, 73.1% |
| Race ratio | Black or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3% | Black or African American, 4.1% Unknown, 3.8% Hispanic or Latino, 10.3% Asian, 7.2% White, 73.8% American Indian and Alaska Native, 0.9% |
| LGBT Percentage | 4% | 8% |