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Finding the right home at the right price is just one part of a home sale or purchase. CAROL BRANNAKA REALTORS is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at 5086796888 if your needs include a professional REALTOR® ready for the business side of real estate.

Expected closing costs

There are certain standard expenses related to closing the sale of a house. These costs are usually divided 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 show you through the process.

Closing costs that are tied to financing    (Click here for more information)

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

At closing, these taxes are usually paid    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for more information)

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

Sellers: As we negotiate your deal, I'll not only work to get the highest sales price, but I'll also advocate for reduced closing costs. And once we've reached an agreement, I'll walk you through the closing costs so you know exactly what you're paying for.

Buyers: When purchasing a house in Bristol County, you'll be given 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 prior experience and is required to be within an appropriate range so you're not shocked when you get to closing time. I'll be glad to go over the GFE with you, answering your questions and highlighting any estimates that are uncertain.