
	Don't forget to factor in closing costs when considering a home sale or purchase. Distinctive Group of ERA Key Realty Services is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 508-303-0097 x110 if your needs include a real estate pro experienced in the business side of real estate.

What closing costs should you expect?

There are certain typical fees related to closing the sale of a house. These expenses are usually divided between the buyer and seller, as spelled out 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 guide you through the process.

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

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

At closing, the following taxes are usually paid (More information)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (More information)

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

Sellers: As we hammer out your deal, I'll not only work to get the very best sales price, but I'll also push for limited closing costs. And once we've come to an agreement, I'll describe in detail the closing costs so you are aware of exactly where your money is going.

Buyers: If you're purchasing a house in Middlesex County, you will receive a "Good Faith Estimate" (GFE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's past experiences and is required to be within a suitable range so you're not shocked when you arrive at the closing table. I'll be willing to review the GFE with you, answering your questions and highlighting any estimates that are uncertain.