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Closing costs you should expect

There are certain basic expenses related to closing the sale of a house. These costs are often divided between the buyer and seller, as directed 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 deal.

Closing costs that are loan-related    (More information)

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

Taxes you may be responsible for 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, I'll not only work to get the very best sales price, but I'll also campaign for lower closing costs. And once we've reached an agreement, I'll explain in detail the closing costs so you are informed of exactly where your money is going.

Buyers: If you're purchasing real estate in Middlesex 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 reasonable range so you're not startled when you reach the closing table. I'll be happy to go over the LE with you, answering your questions and highlighting any estimates that are uncertain.

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