Finding the right home at the right price is just one part of a real estate transaction. Move 2 Boston Group of William Raveis R.E. is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at (617) 332-3420 if your needs include a professional REALTOR® ready for the business side of buying and selling.

Expected closing costs

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

Loan-related closing costs    (Learn more)

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

Taxes commonly paid at closing    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Learn more)

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

Sellers: As we get through the details of your transaction, I'll not only work to get the optimal sales price, but I'll also push for limited closing costs. And once we've reached an agreement, I'll describe in detail the closing costs so you are informed of exactly where your money is going.

Buyers: If you're buying 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 surprised when you reach closing time. I'll be willing to go through the GFE with you, answering your questions and highlighting any estimates of concern.

Move 2 Boston Group of William Raveis R.E. 95 Union Street Newton Center, MA 02459
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