Ally Kinch White Real Estate
  • Home
  • About
  • Kind Words
  • Recently Sold
  • Closing Costs & FAQs
    • Seller Closing Costs
    • Buyer Closing Costs
  • Contact

Buyer Closing Costs

  1. Attorney fees for the bank and the buyer for title search, drawing papers, etc. (usually around $650-$1200).  The attorney's fee is lower if he/she also represents the lender.  Ask your attorney about this.
  2. Recording fees – around $400 ($125 for the deed, $175 for the mortgage, $35 for the declaration of homestead, and $65 for the municipal lien certificate).
  3. Courier fee - $30-$60.
  4. Survey and plot plan - $150.
  5. Municipal lien Certificate -  ranges from $25 to $65 depending on where the property is.
  6. Bank charge for credit report and flood certification fee - $50-$75. 
  7. Title insurance - usually right around $4.00 per thousand of purchase price. 
  8. Tax escrow amount - often between 2 and 6 months, depending on when in the tax cycle you’re closing. Ask your attorney about this.
  9. Appraisal fee - ranges - usually $400-$600.
  10. Hazard Insurance - for single and multi-families - most banks require a one-year, prepaid insurance policy. 
  11. Points, if applicable.

PLEASE CALL, EMAIL, OR JUST DROP BY THE OFFICE.               
​I WOULD LOVE TO HEAR FROM YOU!


South Boston Office

141 Dorchester Avenue, R-102
South Boston, MA 02127

Westwood Office

680 High Street
Westwood, MA 02090

Telephone

774.254.3388

Email

[email protected]
  • Home
  • About
  • Kind Words
  • Recently Sold
  • Closing Costs & FAQs
    • Seller Closing Costs
    • Buyer Closing Costs
  • Contact