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Home Q&A Forum Purchase and sale agreement and closing costs?

Real Estate

Purchase And Sale Agreement

Massachusetts

Asked on Sep 7, 2023

Purchase and sale agreement and closing costs?

I am in the process of purchasing a home and I am looking at signing a Purchase and Sale Agreement. I am trying to understand what closing costs I will need to pay in order to complete the transaction. I want to make sure I am aware of all the costs associated with this purchase so that I can plan accordingly.

1 Attorney answer

Answer

Real Estate

Massachusetts

Answered 382 days ago

Moss S.

ContractsCounsel verified

Business Lawyer
Licensed in Florida, Massachusetts, Rhode Island
Free Consultation

In Massachusetts it is advisable to have an attorney represent you in negotiating a Purchase and Sale Agreement. Purchasing a home is usually the most expensive item that a person buys in their lifetime. Regarding closing costs, they are driven mostly by your lender.

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