What closing costs should you expect?

There are certain ordinary fees accompanying closing the sale of a house. These fees are usually divided between the buyer and seller, as directed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Massachusetts to help guide you through the transaction.

Closing costs that are tied to your mortgage    (Click here for details)

  • Points (optional)
  • Appraisal Fee
  • Credit Report
  • Interest Payment
  • Escrow Account

Taxes you may be responsible for at closing    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Click here for details)

  • Homeowners Insurance
  • Flood or Quake Insurance (optional)
  • Private Mortgage Insurance (PMI) (optional)
  • Title Insurance

Sellers: As we hammer out your transaction, not only will I work to get the optimal sales price, but I'll also advocate for reduced closing costs. And once we've arrived at an agreement, I'll fully explain the closing costs so you are aware of exactly what you're paying for.

Buyers: If you're buying real estate in Norfolk County, you'll get a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's previous experience and is required to be within a tolerable range so you're not startled when you show up at the closing appointment. I'll be glad to look through the LE with you, answering your questions and highlighting any estimates that seem unusual.

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