Home Sale Calculator in Massachusetts

Question 1

Who pays closing costs in Massachusetts?

Accepted Answer

Both the parties i.e., the buyer and the seller have to pay their respective closing costs in Massachusetts. Seller closing costs mainly include agent commissions, home inspection, and some other fees, all of which could sum up to 5%-10% of the property’s sale price.

The buyers have to pay their closing costs as well which are mostly mortgage-related and could sum up to 3%-4% of their loan amount.

Question 2

Do sellers pay closing costs in Massachusetts?

Accepted Answer

Yes, sellers do pay closing costs in Massachusetts. If you are a home seller in Massachusetts then you can expect to pay anywhere between 5%-10% of your home’s sale price as of closing costs.

However, you can save thousands of dollars by listing your home on the Massachusetts MLS with Houzeo’s Flat Fee MLS Massachusetts packages.

Question 3

How much is a home inspection in Massachusetts?

Accepted Answer

The average cost of home inspection in Massachusetts ranges between $500-$1000.

Question 4

What does the seller pay at closing in Massachusetts?

Accepted Answer

As a home seller in Massachusetts, your closing costs will mainly include real estate agent commissions, outstanding amounts owed on the property, prorated property taxes, settlement fee, title search, municipal lien search, HOA estoppel, documentary stamps on the deed, title insurance, etc.

Question 5

How do you calculate the seller's closing costs in Massachusetts?

Accepted Answer

To calculate seller closing costs all you need to do is input the relevant details in Houzeo’s Closing Costs Calculator and you will have your estimated closing costs with just a few clicks.

Question 6

Do i need title insurance in Massachusetts?

Accepted Answer

It is not necessary to have a title insurance in Massachusetts, but it is always good to have to protect the buyer of any future title related issues.

Home Sale Calculator in Massachusetts

Home Sale Estimate Calculator in Massachusetts

Frequently Asked Questions

Closing Costs Worksheet