Mary Crane | Dover Real Estate, Needham Real Estate, Wellesley Real Estate, Sherborn Real Estate


One of the most famous books around, with over 18 million copies in print, and that holds the title as the longest running "New York Times" bestseller ever, is What to Expect When You’re Expecting. Now in its fifth edition, this pregnancy bible walks parents through what to expect during the nine months leading up to and including delivery.

Buying a home is nearly as momentous as having a baby, and yet, most potential buyers don’t really know what to expect when closing on their home purchase. In fact, knowing what to expect is even more urgent because closing happens in a much shorter time-frame, in as little as 12 days in some cases.

So, what should you expect?

The one part those home-buying reality shows leave out is the closing. So, to many buyers, it remains a mystery until they're in the middle of it. Even real estate professionals get nervous about closing. It's the moment where anything can go wrong, and everything can go right! It begins with mountains of papers to sign and ends with a handful of keys in exchange for a lot of money. So just what is closing and what should you expect?

“Closing” is short for closing the deal or completing the transaction. During closing several significant things happen: Title of your home transfers from the seller to the buyer; the proceeds of the sale (everything remaining after any seller’s fees are paid) distribute to the seller; and if financing the home, the buyer signs the mortgage note, pays fees, insurances, taxes, and real estate commissions. A lot of things happen at closing, so give yourself plenty of time to understand each aspect of the process if it’s your first time around.

At the time of closing, your agent and your loan officer will inform you about what you need to bring to the meeting. Bring identification, so have your driver’s license or passport on hand. You’ll need a cashier’s check for your down payment and the closing costs that appear on your HUD-1 Settlement Statement. This three-page document outlines exactly what your obligations are at closing and in the future. In addition, small items crop up at closing that might need additional funds (furniture you requested the seller leave behind, extra propane or heating oil you're buying directly from the seller) and last-minute requests. 

You'll be signing lots of papers. These legal documents obligate you for many years to come, so make sure you understand them. Also, make certain your name is spelled correctly on every page and every addendum. If you're purchasing with a partner or spouse, make sure the legal designation is as you want it. Changing it later may be difficult.

Recognize that while you may have a close estimate of closing costs, you will not know the exact amount until the day of closing, so round up a bit and have extra funds on hand. Sometimes you can swing a deal for the seller to pay all closing costs, but you’ll still be liable for pro-rated taxes, association dues, insurance, and other buyer obligations.

Don't be surprised by fees. Ask your agent to go over all the charges with you so that you know which ones you pay for and which ones the seller pays for.



40 Bogastow Brook Rd, Sherborn, MA 01770

Single-Family

$1,699,000
Price

10
Rooms
5
Beds
4
Baths
This thoughtfully designed custom home is privately sited on over 12+ gorgeous acres in an established Sherborn neighborhood surrounded by acres of conservation land. Offering an expansive eat in kitchen, both a first and second floor master, an expansive finished walk out basement, a gorgeous resort like pool area with a wisteria draped pergola, attached heated 3 car garage, detached 3 bay barn perfect for horses, the car enthusiast or artist studio and your own pond! Drenched in sunlight, beauty and peacefulness abound! The charming town of Sherborn is located 22 miles SW of Boston and Boston Magazine just named Dover-Sherborn's schools #1 in Massachusetts once again.
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This thoughtfully designed custom home is privately sited on over 12+ gorgeous acres in an established Sherborn neighborhood surrounded by acres of conservation land. Offering an expansive eat in kitchen, both a first and second floor master, an expansive finished walk out basement, a gorgeous resort like pool area with a wisteria draped pergola, attached heated 3 car garage, detached 3 bay barn perfect for horses, the car enthusiast or artist studio and your own pond! Drenched in sunlight, beauty and peacefulness abound! The charming town of Sherborn is located 22 miles SW of Boston and Boston Magazine just named Dover-Sherborn's schools #1 in Massachusetts once again.

More Info on this Property | New Listing Alerts

This Multi-Family in Dover, MA recently sold for $500,000. This style home was sold by Mary Crane - Berkshire Hathaway HomeServices Commonwealth Real Estate.


1 Taylor Lane, Dover, MA 02030

Multi-Family

$599,000
Price
$500,000
Sale Price

2
Units
1,400
Approx. GLA
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18 Frontier Ln, Millis, MA 02054

Single-Family

$1,075,000
Price
$1,085,000
Sale Price

9
Rooms
4
Beds
3/1
Full/Half Baths
BRAND NEW 4 BR 3.5 BA Colonial with an open floorplan and attached 3 car garage on 3.5 acres in Millis! The first floor boasts an open concept granite & stainless eat in kitchen with an island and sliders to patio, light and bright family room w/fireplace, home office, and formal dining & living rooms. A generous master suite w/2 walk in closets and master bath (shower and tub), 3 additional bedrooms, 2 full baths and a laundry room complete the second floor. Come see what this brand new home in coveted Southend Farm (Sherborn line) has to offer and get to know the town of Millis, best known for its small town feel and fabulous language immersion program in its public schools. Spring 2019 delivery.






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