About Massachusetts Real Estate Closings

A real estate closing can involve purchasing a home, commercial property, or a mortgage refinance. Unless it is a cash closing, which involves the least amount of paperwork, the closing documents that are signed at each are almost identical.

Unlike a refinance, a home purchase requires some additional documents to be brought and/or signed at the closing table (for example a Quitclaim Deed, 6(d) Certificate, Smoke Certificate, Carbon Monoxide Certificate, Final Utility Readings, etc.). Typically,  additional parties will also attend (seller, real estate agents, real estate attorneys and sometimes the mortgage loan officer from the bank).

At Silveri & Wilson, our real estate lawyers have handled thousands of real estate closings on all types of property—from modest condominium units and houses, to luxury homes and commercial real estate. We are approved closing attorneys with virtually every national mortgage lender and many smaller local banks as well. Unlike most of our competition, our real estate lawyers do not just practice real estate law but also regularly teach it to both attorneys and realtors at the Boston Bar Association, Massachusetts Bar Association, Greater Boston Association of Realtors, and Tri-County Board of Realtors.

Our Massachusetts closing attorneys provide all of the following services:

• Review of the title examination (ownership history  of the property) to confirm the seller is the true owner, that there are no unknown liens, encumbrances or title defects on the property;
• Review of the municipal lien certificate, which is the tax payment history for the property, to ensure there are no back taxes or other liens to the local city or town (for example for unpaid water and sewer);
• Review of the plot plan (approximate survey for mortgage purposes) to evaluate the possibility of any property line encroachments;
• Preparing the HUD Settlement Statement and calculating adjustments between the buyer and the seller on a purchase (for taxes, oil, condo fees, etc.);
• Arranging for recording all documents at the local Registry of Deeds;
• Preparing lenders and owners title insurance policies;
• Payoff, discharge, and release of any existing mortgages;
• Settlement and disbursement of all funds.

Contact a Massachusetts Closing Attorney at our Office today.

Contact us to learn more about how one of our real estate closing attorneys can help you today with your purchase or refinance.