What Real Estate Closing Costs Should I Expect in Massachusetts?
Closing Costs for Buyers of Real Estate
- Lender’s Application Fee
- Origination Fee
- Flood Certificate Fee
- Appraisal Fee
- Credit Report Fee
- Title Fees
- Attorney's Fees
- Title Search/Abstract
- Municipal Lien Certificate Fee incurred by the closing attorney
- Mortgage Survey/Plot Plan
- Recording Fees
- Lien Certificate, Deed, Mortgage, Declaration of Homestead
Condo Closing Fees
- Move-in Fee
- 2-3 month working capital contribution to the condo association
- Usually only for new condos, however some condominiums require this for every new owner, not jsut the first.
Closing Costs for Sellers of Real Estate
- Deed stamp ($4.56 per $1,000 of consideration as stated in the deed, except Barnstable County and Islands)
- Seller Attorney’s Fees
- Any title clearing documents
- If selling a condo, a 6(d) certificate confirming no condo fees or assessments are unpaid
- Death Certificates
- Mortgage Discharges
- Lien Releases
- Certificates of compliance for conservation encumbrances
- Cost of Smoke certificate and final water/sewer/trash/municipal power readings, if any
Greater Boston Area real estate attorney with experience in closing deals throughout Massachusetts.