Anticipated closing costs

There are certain expected costs related to closing the sale of a house. These costs are usually split between the buyer and seller, as noted in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Massachusetts to help lead you through your process.

Costs pertaining to your mortgage to be paid at closing    (More information)

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

Taxes commonly paid at closing    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (More information)

  • 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 very best sales price, but I'll also advocate for lower closing costs. And once we've reached an agreement, I'll give a detailed list of the closing costs so you are aware of exactly where your money is going.

Buyers: If you're buying a house in Norfolk County, you will be given 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 shocked when you get to the closing table. I'll be happy to go over the LE with you, answering your questions and highlighting any estimates that seem off.

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Louis Wolfson & Co.

29 Cimino Road
Needham, MA 02494